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Council grants $29,000 TIF contribution to T & S Auto for parking lot
Summary
Neoga approved Ordinance 1108-04-25 to grant T & S Auto Sales & Service, LLC $29,000 from TIF #1 toward installing a 2-inch asphalt parking lot; council vote was 4-0.
Mayor Helm told the council that T & S Auto Sales & Service, LLC requested $29,000 to help cover approximately half the estimated cost of installing a 2-inch asphalt parking lot. Commissioner Edwards moved to approve funding from TIF #1; Commissioner Letizia seconded. The motion passed unanimously, 4-0.
The minutes record the dollar amount and the intended use (asphalt parking lot installation) but do not record a contractor timeline or additional conditions. The funding is framed as a partial contribution toward the project’s estimated cost.
