Village of Olympia Fields AgendaPacket Board of Trustees Meeting 2026-05-20
Walmart Receives $437,544.46 in 16th TIF Distribution
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Description
The Village Board approved Resolution #2026-03, authorizing a $437,544.46 TIF fund distribution to Walmart under their Economic Incentive Agreement. This is the sixteenth such distribution related to the Lincoln Hwy-Western Avenue redevelopment.
Contract Details
Contract Amount
$437,544.46
Vendor
WALMART
Agency
Olympia Fields village, IL
Contract Type
FINANCIAL_SERVICES
Document Date
May 20, 2026
Renewal Info
Ongoing annual/periodic payments per Economic Incentive Agreement terms; current action is 16th distribution.
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