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
New Hampshire school district sued over transgender policies
Trump watches as high court hears challenge to his birthright citizenship order
Illinois Quick Hits: Prtizker says Trump order is unconstitutional
U of I pressed on costly abandoned development project, stance on DEI directives
Trump says Iran’s new leader wants ceasefire
‘Conversion therapy’ bans in IL, other states, in danger, after SCOTUS ruling
County Board Approves Peotone Solar Farm Amid Debates Over Union Labor and Tornado Safety
Crete-Monee Board Debates Member Travel Budgets Amid Rising Conference Costs
Illinois business leaders press lawmakers as child care costs face scrutiny
Illinois Quick Hits: Vacant lots go on sale in Chicago
State vs. local property tax debate rages in Illinois
Illinois Quick Hits: County study reflects massive property tax hikes