TID 20 Development Agreement Recommended for Ridgewood IC
- Disclosed value
- Projected tax increment exceeding $2.5 million over the district term; MRO equals available tax increment less administrative costs
- From minutes
- Document date
- Jul 20, 2026
- Term
- July 20, 2026 – October 31, 2047
- Renews
- Free account
The 30-second brief
The General Government Committee voted 3-0 to recommend a TID No. 20 development agreement with Ridgewood IC LLC. The agreement supports conversion of a 300,000-square-foot office building for industrial use, with MRO payments funded by available tax increment through 2047 after administrative costs.
Ridgewood Ic LLC holds this contract with Menomonee Falls village.
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Contract details
- Amount
- Projected tax increment exceeding $2.5 million over the district term; MRO equals available tax increment less administrative costs
- Document date
- July 20, 2026
- Term
- July 20, 2026 – October 31, 2047
- Renews
- Free account
- Vendor
- Ridgewood Ic LLC
- Agency
- Menomonee Falls village
- Source document
- Village of Menomonee Falls Minutes General Government Committee Meeting Date 2026-07-20 (Minutes)
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Questions about this contract
Who was awarded the government contract by Menomonee Falls village?
Ridgewood Ic LLC was awarded this government contract by Menomonee Falls village, as recorded on July 20, 2026. The contract value is Projected tax increment exceeding $2.5 million over the district term; MRO equals available tax increment less administrative costs.
How much is the Ridgewood Ic LLC contract with Menomonee Falls village worth?
The Ridgewood Ic LLC contract with Menomonee Falls village is valued at Projected tax increment exceeding $2.5 million over the district term; MRO equals available tax increment less administrative costs.
What type of contract is this?
This is a government contract, documented as a minutes record.
Where was this contract approved?
This contract appears in Village of Menomonee Falls Minutes General Government Committee Meeting Date 2026-07-20 (Minutes), dated July 20, 2026 from Menomonee Falls village. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Ridgewood Ic LLC hold?
Ridgewood Ic 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.
What is Menomonee Falls village currently buying?
Explore Menomonee Falls village's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.