TID 6 adding commercial sites but developer hasn't met incentive threshold yet

Oct 7, 2026

TID 6 (created 2023) recorded new commercial development — a gas station, car wash and Dunkin's — but the developer did not meet the minimum investment threshold in the development agreement, so the village does not expect incentive payments until additional parcels reach the required investment level.

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John Cameron said TID 6, created in 2023, gained about $26,800,000 of new incremental value as of 01/01/2026 and had a negative fund balance of $259,412 at the end of last year. Cameron noted few outstanding obligations that make an early closure possible but not certain.

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