The restaurant closed in 2012, and the building has been vacant since then. In 2016, Homewood officials began the process of condemnation, but redevelopment stalled because of complicated ownership and delinquent tax issues.
The TIF designation is expected to make redevelopment of the property viable.
Trustees will consider an ordinance to complete two requirements for establishing the TIF district, convening a joint review board consisting of representatives from affected local taxing bodies and scheduling a public hearing.
In other business, trustees will consider
Homewood to seek condemnation of former Bogart's Charhouse (May 11, 2016)
Homewood joins land bank to address vacant buildings (Nov. 9, 2015)