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
Illinois quick hits: Coalition calls for more action on data centers
Asylum advocates disappointed by Supreme Court arguments
IL House GOP asks “Have you had enough yet” following student’s murder
EXCLUSIVE: 5-year anniversary of Operation Lone Star, nearly 540,000 apprehended
Many Republicans say proposed bipartisan DHS funding deal ‘impossible’
Mullin sworn in as secretary of Homeland Security
Gas spike continues for Illinoisans; state leaders offer no plan to help yet
BREAKING: Minnesota sues feds for evidence in Metro Surge shootings
Supreme Court appears to favor Trump’s asylum border policy
Updated: St. John Woman Charged with Nine Counts of Murder in Crete Township Triple Homicide
NASA plans to build $20 billion base on the Moon
HUD launches investigation into race-based Washington housing program