Amazon

Village Board Approves $2 Million in TIF Reimbursements for Amazon, Logistics Center

Spread the love

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.

Leave a Comment





Latest News Stories

Illinois quick hits: 700,000 customers' health information potentially exposed

Illinois quick hits: 700,000 customers’ health information potentially exposed

By The Center SquareThe Center Square IDHS announces health information potentially exposed Protected health information for more than 700,000 customers of rehabilitation services and Medicaid and Medicare savings programs may...
As Illinois ends grocery tax locals can replace, food inflation debate continues

As Illinois ends grocery tax locals can replace, food inflation debate continues

By Catrina Barker | The Center Square contributorThe Center Square (The Center Square) – An Illinois congressman’s warning that Americans are paying more for groceries is drawing pushback from economists...
Chief Lemming

Beecher bids farewell to Chief Lemming following retirement

BEECHER – The Village of Beecher is officially bidding farewell to Police Chief Lemming, who retired effective New Year’s Eve following four and a half years of service to the community....
Monee Truck Damaged

Monee Fire Truck Damaged

The Monee Fire Protection District was working at a rollover accident on I-57 on January 1st about 1:30 pm. The fire engine was positioned at an angle to provide protection...
Monee Township Logo.1

Monee Township Approves 2025 Tax Levies Following Truth in Taxation Hearing

Monee Township Board Meeting | Nov. 20, 2025 Article Summary:The Monee Township Board of Trustees adopted tax levies for both the township and the road district following a public hearing....
Will County Board Graphic.03

Homer Glen Landscape Business Granted Extension Due to Utility Delays

Will County Board Meeting | December 18, 2025 Article Summary: The Will County Board approved a second extension for a special use permit for a landscaping business in Homer Glen....
Will County Board Graphic.01

New Lenox Used Car Dealership Approved with Conditions

Will County Board Meeting | December 18, 2025 Article Summary: The Will County Board approved a special use permit allowing a used car dealership to operate in an industrial park...
Will County Board Graphic.02

County Board Approves Women’s Residential Treatment Center in Joliet

Will County Board Meeting | December 18, 2025 Article Summary: The Will County Board unanimously approved zoning changes to allow the Existential Counselor Society to open a women’s residential treatment...
Everyday Economics: Housing takes center stage as we ring in the new year

Everyday Economics: Housing takes center stage as we ring in the new year

By Orphe DivounguyThe Center Square As we step into a new year, housing data takes center stage. After the Christmas holiday, markets are shifting from reflection to recalibration – and...
White business owners are biggest share of Illinois' diversity-preferred contract group

White business owners are biggest share of Illinois’ diversity-preferred contract group

By Jared Strong | The Center SquareThe Center Square (The Center Square) – Illinois' initiative to boost the amount of state contract money it awards to businesses owned by racial...
Illegal entries into Arizona plummet, 60% fewer gotaways than in Biden years

Illegal entries into Arizona plummet, 60% fewer gotaways than in Biden years

By Bethany BlankleyThe Center Square In President Donald Trump’s first year in office, illegal border crossings in Arizona plummeted to record lows. They represent roughly a 92% drop from illegal...
Exclusive: More Floridians, Californians moving to Texas than reverse

Exclusive: More Floridians, Californians moving to Texas than reverse

By Bethany BlankleyThe Center Square According to an analysis of migration data from the three most populous states, more Californians and Floridians are moving to Texas than Texans are moving...
Trump admin revamps visa process in 2025, shaking up immigration system

Trump admin revamps visa process in 2025, shaking up immigration system

By Bethany BlankleyThe Center Square The Trump administration this year began revamping immigration processes administered by U.S. Citizenship and Immigration Services (USCIS), including what it says is the rooting out...
Filings delayed in convicted ex-Illinois House speaker’s appeal

Filings delayed in convicted ex-Illinois House speaker’s appeal

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – While former Illinois House Speaker Michael Madigan spends the final days of 2025 behind bars, the next...
Climate activists v. the U.S. energy industry: Cases to watch in 2026

Climate activists v. the U.S. energy industry: Cases to watch in 2026

By Andrew RiceThe Center Square Anti-oil and gas advocates across the country have pursued litigation in recent years attempting to force the fossil fuel industry to pay for decades of...