COLLINSVILLE — The Collinsville City Council on Monday night approved a tax-increment financing expenditure to help Zapata's Mexican restaurant repair its parking lot.
Leah Joyce, the Uptown Coordinator, explained the restaurant requested the funds to help repair, re-seal, and re-stripe the parking lot. The lowest bid for the work was $12,250.
Forty percent of the total cost of the project will be reimbursed to the business, which equals $4,900. The TIF funds will be given to the restaurant after the work is completed.
Zapata's recently received approval for $7,542.18 in TIF funds to help pay for a new hood system in its kitchen. The new system was required by the State Fire Marshal and without a new system, the restaurant faced closure.
"I think this is a worthwhile project and this is what TIF funds are for," said Councilman Michael Tognarelli.
Also at the meeting, four recent Collinsville High School graduates were awarded $1,000 scholarships from the Collinsville Educational Scholarship Foundation. Thirteen graduates applied for the scholarship, said Kai Redmon, president of the foundation.
"We were blown away by the quality of the applications," Redmon said. "Not only by the GPAs, but by the amount of volunteer work and extracurricular activities."
Those who received the scholarships are: Bryan Hoyt, Abigail Jacobs, Tyler Smith and Elly Schwander.
The Foundation was started in 2010 to raise funds to support education scholarship opportunities for Collinsville High School graduates.