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TIF tax increment rebate

80/380, LLC (80/380 Commerce Park, Village Drive)

80/380 Commerce Park (commercial and industrial lots on Village Drive)

Unofficial register compiled from the ordinances, resolutions, minutes, certifications and urban renewal reports in this archive. Every figure is as printed, with its page. Payments are the ones the archive shows (state reports from FY2021, claims lists and payables lists); a year or payment the archive does not hold is missing, so totals here are a lower bound. The City of Tiffin's records govern.

Aug 1, 2017approved by the council
$500,000original cap (2017) As printed
none foundpaid, found in the archive Derived
Approvedstatus

Party: 80/380, LLC

Terms as printed

  • Original cap (2017): “Including Annual Appropriation Tax Increment Payments in an Amount not to Exceed $500,000” p. 5 · PDF
  • Amended agreement (2025), as certified: “Rebate is not to exeed $500,000 for a period beginning December 1, 2026 and continuing until balance is paid in full.” p. 3 · PDF
  • New agreement (2025), as certified: “Rebate is not to exceed $600,000 for a period beginning December 1, 2026 and continuing until balance is paid in full.” p. 3 · PDF

Council actions

DateActionInstrumentSource
Jul 18, 2017Hearing setRes. 2017-057p. 1 · meeting
Aug 1, 2017Agreement approvedRes. 2017-060p. 3 · meeting
May 20, 2025Hearing setRes. 2025-056p. 3 · meeting
Jun 17, 2025Agreement approvedRes. 2025-064p. 3 · meeting
Jun 17, 2025Amended agreement approvedRes. 2025-065p. 3 · meeting

From the minutes

  • May 28, 2024 — Work session on extending Village Drive to South Park Road and amending the 2017 agreement.
    “Council discussed a potential amendment to the current Development Agreement allowing the extension of Village Drive to South Park Road.” p. 1 · PDF

Payments found

No payment under this agreement was found in the archive (state reports exist for FY2021 and FY2023–25; claims lists in the minutes until 2019; payables lists from 2021).

Certified to the county

  • FY2027 certified: $500,000 — “80/380 LLC., Amended Rebate Agreement for a commercial/industrial development. Rebate is not to exeed $500,000 for a period beginning December 1, 2026 and continuing until balance is paid in full. Rebate is for a...” p. 3
  • FY2027 certified: $600,000 — “80/380 LLC., Rebate Agreement for a commercial/industrial development Rebate is not to exceed $600,000 for a period beginning December 1, 2026 and continuing until balance is paid in full. Rebate is for...” p. 3
  • FY2027 requested: $100,000 — “80/380 LLC., Amended Rebate Agreement for a Commercial/Industrial development. Rebate is not to exceed $500,000 for a period beginning December 2026 and continuing until balance is paid in full.” p. 5
  • FY2027 requested: $100,000 — “80/380 LLC., Rebate Agreement for a commercial/industrial development. Rebate is not to exceed $600,000 for a period beginning December 2026 and continuing until balance is paid in full.” p. 5

Timeline

  1. Jul 18, 2017 — Hearing set: Res. 2017-057 (source)
  2. Aug 1, 2017 — Agreement approved: Res. 2017-060 (source)
  3. May 28, 2024 — Work session on extending Village Drive to South Park Road and amending the 2017 agreement. (source)
  4. May 20, 2025 — Hearing set: Res. 2025-056 (source)
  5. Jun 17, 2025 — Agreement approved: Res. 2025-064 (source)
  6. Jun 17, 2025 — Amended agreement approved: Res. 2025-065 (source)

Data last updated October 17, 2026. Built from the archive's documents; see how the data is built.