O
Vandalia
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OtherUnder reviewDixie Drive, north of Farrell Road, Vandalia, Ohio

Griffin's Reserve TIF Incentive District

Vandalia

Description

A proposed 10-year, 75% TIF district over the already-approved 14-lot subdivision, with the increment used to reimburse the developer for costly infrastructure. The TIF kicks in at $5 million of improvements or tax year 2030, whichever comes later.

Impact summary

The tough-to-develop wooded parcel becomes a 14-home subdivision, with schools collecting the first 25% of taxes plus their current $2,500-a-year baseline throughout.

Applicant

Name
Griffin's Reserve (developer: Dave Guy)
Address
Dixie Drive, north of Farrell Road, Vandalia, Ohio

At a glance

Hearings
1
Public comments
2
Total mentions
1

Recorded in the meeting · City Council

Discussed

Discussed at 1 meeting in the last 60 days; most recently Nov 2, 2026.

Meeting timeline (1)

Nov 2, 2026

City Council (Regular) - Nov 2, 2026

A proposed 10-year, 75% TIF district over the already-approved 14-lot subdivision, with the increment used to reimburse the developer for costly infrastructure. The TIF kicks in at $5 million of improvements or tax year 2030, whichever comes later.

Related issues (1)

Griffins Reserve subdivision

The city is considering a 10-year, 75% tax-increment financing deal to make a 14-lot subdivision off Dixie Drive financially feasible. Property owners still pay full taxes, but 75% of the increase goes back to the city to reimburse the developer for infrastructure. Officials say the schools end up ahead since vacant land currently yields only about $2,500 a year in taxes.

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