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Wauconda OKs TIF-backed incentives for roof repairs at 110 S. Main (former Middleton's)
Summary
The village approved an economic incentive agreement for 110 S. Main that reimburses up to $20,000 (50% of roof cost), waives permit fees for two years and authorizes up to $15,000 through the façade grant program; the agreement contains a five-year clawback clause and is funded with TIF dollars.
The Wauconda Village Board on Oct. 21 approved an economic incentive agreement to support repairs and improvements at 110 S. Main, a building dating to 1875 previously known as Middleton's.
Administrator Matson described discussions with the property owner and said the owner asked the village to cover 50% of a roof replacement. "Staff is recommending that the village enter into an economic incentive agreement to…
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