OTHERAPPROVED

Menomonee Falls Approves TID 19 Development & Incentive Pact

The Village of Menomonee Falls approved a TID No. 19 Development Agreement with Schwer, Pflicht & Werkzeug Properties, LLC, conveying a parcel for $1.00 and issuing an MRO to pay the developer 80% of tax increment from five parcels through 2046, facilitating corporate campus redevelopment.

Document date · February 16, 2026

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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

Scope & details

The full contract record, as filed.

Contract amount
Purchase price for VProperty: $1.00; Municipal Revenue Obligation equal to 80% of the TID 19 Tax Increment generated by specified parcels annually through 2046 (estimated increment $32.8 million over 20 years)
Contract type
OTHER
Contract term
February 16, 2026 – October 31, 2046
Renewal date
2046-10-31
Renewal
Annual payments subject to appropriation; agreement may be amended by writing per Section 15.2; may terminate upon TID 19 closure, full MRO payment, or default remedies.
Document type
Agenda
Source document
Village of Menomonee Falls General Government Committee Meeting Agenda February 2026

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the government contract by Menomonee Falls village?

Schwer, Pflicht & Werkzeug Properties Llc was awarded this government contract by Menomonee Falls village, as recorded on February 16, 2026. The contract value is Purchase price for VProperty: $1.00; Municipal Revenue Obligation equal to 80% of the TID 19 Tax Increment generated by specified parcels annually through 2046 (estimated increment $32.8 million over 20 years).

How much is the Schwer, Pflicht & Werkzeug Properties Llc contract with Menomonee Falls village worth?

The Schwer, Pflicht & Werkzeug Properties Llc contract with Menomonee Falls village is valued at Purchase price for VProperty: $1.00; Municipal Revenue Obligation equal to 80% of the TID 19 Tax Increment generated by specified parcels annually through 2046 (estimated increment $32.8 million over 20 years).

What type of contract is this?

This is a government contract, documented as a agenda record.

Where was this contract approved?

This contract appears in Village of Menomonee Falls General Government Committee Meeting Agenda February 2026 (Agenda), dated February 16, 2026 from Menomonee Falls village. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Schwer, Pflicht & Werkzeug Properties Llc hold?

Schwer, Pflicht & Werkzeug Properties Llc may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Schwer, Pflicht & Werkzeug Properties Llc's profile

What is Menomonee Falls village currently buying?

Explore Menomonee Falls village's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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