Committee recommends $27,730.78 TIF distribution for Wylde Physical Therapy
Summary
The Waterman Economic Development Committee voted to recommend a $27,730.78 TIF distribution to Wylde Physical Therapy to cover electrical upgrades needed to bring the building up to code and enable occupancy.
The Village of Waterman Economic Development Committee said it will recommend a TIF distribution of $27,730.78 to Wylde Physical Therapy to cover electrical updates needed to bring the therapy clinic building up to code and allow occupancy.
"Committee will recommend a distribution of $27,730.78 to cover the cost of the electrical updates to bring the building up to code and allow for occupancy." The recommendation appears in the committee minutes of Oct. 29, 2024; the minutes list Michele Wylde as a special guest but do not record a separate roll-call vote on the recommendation within committee.
The minutes do not specify a final approval date or any additional conditions tied to the recommended distribution. The committee’s recommendation is a procedural step: the minutes state the committee "will recommend" the distribution, which typically means the matter is forwarded to the full Village board for consideration. No breakdown of the electrical work or contractor cost estimates is included in the record.
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