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Oconomowoc council approves two TIF agreement amendments for Olympia Field MD LLC and Newman Development
5792687 · September 3, 2025
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Summary
Council approved second amendments to tax incremental financing (TIF) agreements with Olympia Field MD LLC and Newman Development that set developer increment obligations and the city's public-improvement/development-incentive commitments.
The Common Council on Sept. 2 approved second amendments to tax-increment financing (TIF) agreements with Olympia Field MD LLC and Newman Development.
City staff explained that the amendment with Olympia Field MD LLC requires the developer to deliver $36,000,000 in increment value; the city’s obligation…
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