Development Agreementapproved

janesville-neighborhood-community-servicesresolution2025-06-09_5c7.pdf

Janesville Approves $4M Incentive for TI Investors Project

$4,072,993.00Janesville Neighborhood & Community ServicesTI INVESTORS OF JANESVILLE HOLDINGJune 9, 2025

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Description

City of Janesville approves TIF Development Agreement with TI Investors for property development. Agreement includes $4,072,993.00 incentive for industrial buildings construction, aiming for increased property valuation and tax revenue.

Contract Details

Contract Amount

$4,072,993.00

Vendor

TI INVESTORS OF JANESVILLE HOLDING

Agency

Janesville Neighborhood & Community Services, WI

Contract Type

Development Agreement

Document Date

June 9, 2025

Contract Term

10 years

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Related Contracts

city-of-janesville-resolution-2025-06-09_f7a.pdf

approved

City of Janesville (Wisconsin)$4,072,993.00June 9, 2025

city-of-janesville-city-council-meeting-minutes-june-9-2025_e32.pdf

approved

City of Janesville (Wisconsin)NAJune 9, 2025

Issuing Agency