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Development Agreementapproved

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

TIF agreement approved for Janesville industrial development

$4,072,993.00City of JanesvilleTI INVESTORS OF JANESVILLE HOLDINGJune 9, 2025

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TerraCycle logo
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WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Description

City approves TIF Development Agreement with TI Investors for industrial buildings construction, providing $4,072,993 incentives over 10 years, including land conveyance and tax increment incentives. The project aims to increase property valuations and improve the city's tax base.

Contract Details

Contract Amount

$4,072,993.00

Vendor

TI INVESTORS OF JANESVILLE HOLDING

Agency

City of Janesville, WI

Contract Type

Development Agreement

Document Date

June 9, 2025

Contract Term

10 years

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