Village Board Approves $2 Million in TIF Reimbursements for Amazon, Logistics Center
Village of Monee Meeting | January 28, 2026
Article Summary: The Monee Village Board authorized two significant Tax Increment Financing (TIF) payout requests totaling over $2 million for industrial developments.
TIF Payout Key Points:
-
Amazon: Approved a payment of $1,235,082.80.
-
G&I XI I-57 Logistics Center: Approved a payment of $774,313.37.
-
Location: The Logistics Center is located at 25850 South Ridgeland Avenue.
MONEE – The Village of Monee authorized substantial reimbursements to developers on Wednesday, Jan. 28, 2026, approving two Tax Increment Financing (TIF) payout requests during the regular board meeting.
Village Attorney Lawrence Gryczewski presented the requests for the board’s consideration. The first item was a payout to G&I XI I-57 Logistics Center, located at 25850 South Ridgeland Avenue, in the amount of $774,313.37. The board approved the measure unanimously.
The second request was a payout to Amazon in the amount of $1,235,082.80. According to documents submitted to the village, this payment represents a portion of the incremental property taxes generated from the subject property as outlined in the redevelopment agreement established in 2016 and 2017.
Trustees voted unanimously to approve the Amazon payment as well. No discussion was held regarding the specifics of the agreements during the open session.
Latest News Stories
Peotone Library Director’s Salary Set at $75,000 After Annual Evaluation
Village Hall to Get $412,000 Fire Sprinkler Replacement After System Failure
Crete-Monee Board Adopts School Improvement Plans for 2025-2026
Executive Committee Considers $12,000 Strategic Planning Initiative with University of St. Francis
Board Approves Over $4.4 Million for Major Construction Projects
Executive Committee Members Decry Roadside Litter, Call for Action Against Garbage Haulers
District Presses Village of Monee on TIF Expiration, Moves to Sell School Property
Will County Board Gets Back to Basics with Robert’s Rules of Order Training