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.
Chance Showers And Thunderstorms
Latest News Stories
Lawmaker criticizes surplus spending bill
Monee Updates Dumpster Ordinance to Include ‘Bagsters,’ Issues Code Compliance Reminders
Township Approves $4,000 in Scholarship Funding for Local Organizations
Salvation Army rehab ‘enrollees’ who work at thrift stores aren’t ‘employees’
Illinois housing affordability efforts pit tax cuts against new spending
Illinois Quick Hits: Chicago city workers owe more than $19M
Attorney expects conversion therapy ruling to impact Illinois ban
Millionaire’s tax proposal draws mixed reviews as deadline approaches
Universities warn state funding delays are wasting millions in taxpayer investment
Illinois Quick Hits: Loyola student’s alleged killer faces federal firearm charge
Will County Kicks Off Comprehensive Land Resource Management Plan Update with Focus on Proactive Zoning and Environmental Justice
Infighting and Calls for Resignation Disrupt Will County Board Meeting
Board Cautious on Abating $53,448 from 2025 Tax Levy
