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
House Republicans re-pass DHS funding bill in symbolic vote
Illinois Quick Hits: Pritzker to Noem: ‘Don’t let the door hit you’
Trump’s newest tariff program won’t raise nearly as much money
Legal experts: Supreme Court should decide energy policy framework over climate lawsuits
Judge orders tariff refunds, but Friday’s hearing could set course
Iran War Powers resolution fails in House
WATCH: Democratic officials sue Trump over new tariff
Chicago police monitor Iran-U.S. conflict; public advised to be aware
Noem ousted as secretary of Homeland Security; Mullin to succeed
DHS remains shuttered after third failed vote to reopen it
Walz, Ellison face resignation calls during House fraud hearing
U.S. House introduces bill to require national debt transparency