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
Township Approves Funding for Youth Track Club and Support Services
Monee Township Board Restructures Food Pantry to Secure Non-Profit Status
Monee Zoning Board Recommends Approval for Sheepdog Firearms After Environmental Safety Review
Crete Township Wins Approval for New Digital Sign at Community Center
Crete-Monee Board Debates Arming Security Director, Hears Comprehensive Safety Update
Will County Planners OK Oversized Garage Near Naperville, Overriding Staff Recommendation
Crete-Monee to Name New Softball Field for Hall of Fame Coach Sue G. Antonio
Monee Elementary to Receive $172,000 STEM ‘Smart Lab’ Through Foundation Donation
Green Garden Landscaping Business Gains Permit Amid Strong Neighbor Support
Crete-Monee 201-U Renews E-Learning Plan for Emergency School Closures
Meeting Briefs: Will County Planning and Zoning Commission for July 15, 2025