Last month members of the Plymouth Redevelopment Commission voted to “pass-through” $18 million of assessed value in TIF District #1, the U.S. 30, Oak Road district.
Every year in June, the Plymouth Redevelopment Commission reviews the revenues generated in the city’s TIF Districts and the list of projects to determine if additional funding can be “passed through” to overlapping taxing units. Those would include the school corporation, the Plymouth Public Library, Solid Waste, the county government, and the city government.
Heidie Amspaugh from Baker Tilly presented information to Redevelopment Commission members on passing through incremental assessed value being captured from the TIF areas.
For many years the Redevelopment Commission passed through $20 million of AV but for the last 10 years, they have given the overlapping taxing units $20 million collected from TIF #1. Looking ahead to upcoming projects that could be helped with funds from the TIF district, the amount was lowered.
Amspaugh offered two options for consideration, the first passing through $19 million and the second option to pass through $18 million.
One of the future projects is the addition of sidewalks on Oak Drive from U.S. 30 all the way south to St. Joseph Hospital. The city hired the Troyer Group to complete a study of the area. They have been asked to create a “gold standard” project and a cost-effective plan. The plan will include changes to the streets and the addition of space for pedestrians and bicyclists.
Having a plan in place will allow the city to apply for grants when available and the funds might also be used as matching funds to leverage larger projects if the opportunity presents itself.
Redevelopment Commission member Nancy Felde was the only member to vote against the reduced pass-through funds. She felt there was plenty of time in the coming years to decide if any of the projects would become a reality.
South Vermillion Middle School among Nextech CSforGood Winners
Indiana Senate accepting applications for 2026 Page Program
Indiana Farm Bureau Insurance surpasses 2024 volunteer impact, continues Giving Tuesday initiative
Governor Braun announces "Family First Workplace” policy to support working families
Two nabbed for drugs in Parke County
USPS asks public to clear snow and ice to help deliveries
Winter Weather Advisory calls for more snow chances
Special Olympics Indiana now serves 20,000 athletes statewide
Winter Storm Watch for most of central Indiana, heavy snow possible
Dana Festival of Lights right around the corner
Governor Braun celebrates "Small Business Saturday" in Indiana
New Coach Curt Cignetti Indiana Hoosiers bobblehead unveiled with proceeds going to Riley Children’s Hospital
IDOH offers food preparation tips for a safe Thanksgiving
O'Heir reflects back on time as Vermillion County EMA Director
BMV branches closed for Thanksgiving weekend
Indiana 211 connects Hoosiers to essential winter and holiday resources statewide
State Comptroller’s office warns of misleading mailing
Grant program offers assistance for historic lodge buildings
