Main Street Market TID remains developer-funded; MRO debt keeps district from distributing funds
Staff told the board TID No. 6 (Main Street Market) recorded a 2025 increment of about $250,000 but carries significant MRO and GEO obligations; the board unanimously received and filed the report.
The full story
Cathy, the village finance director, reported that Tax Increment District No. 6 (Main Street Market) is primarily developer-funded and generated roughly $250,000 in increment in 2025.
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