Menomonee Falls Signs TID Development Agreement with Ridgewood
- Disclosed value
- MRO payable as Available Tax Increment attributable to the Project, less Administrative Costs; expected to generate over $2.5 million in tax increment over the District's 20-year term, with payments capped at Available Tax Increment generated by the Project
- From agreement
- Approved
- Jul 20, 2026
- Renews
- Free account
The 30-second brief
The Village of Menomonee Falls entered into a TID No. 20 development agreement with Ridgewood IC LLC for redevelopment of a 300,000-square-foot office building into modern industrial space. The Village will issue a municipal revenue obligation payable from available tax increment through October 31, 2047, subject to annual appropriation and project performance requirements.
Ridgewood Ic LLC holds this contract with Menomonee Falls village.
The renewal date is on record. A free account shows it, with the renewals for every Menomonee Falls village contract.
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Contract details
- Amount
- MRO payable as Available Tax Increment attributable to the Project, less Administrative Costs; expected to generate over $2.5 million in tax increment over the District's 20-year term, with payments capped at Available Tax Increment generated by the Project
- Document date
- July 20, 2026
- Term
- July 20, 2026 – October 31, 2047; Project completion required by December 31, 2026
- Renews
- Free account
- Vendor
- Ridgewood Ic LLC
- Agency
- Menomonee Falls village
- Source document
- Village of Menomonee Falls Agreement Tax Incremental District Development Agreement for TID No. 20 2026-07-20 (Agreement)
Ridgewood Ic LLC's other public contracts
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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 MRO payable as Available Tax Increment attributable to the Project, less Administrative Costs; expected to generate over $2.5 million in tax increment over the District's 20-year term, with payments capped at Available Tax Increment generated by the Project.
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 MRO payable as Available Tax Increment attributable to the Project, less Administrative Costs; expected to generate over $2.5 million in tax increment over the District's 20-year term, with payments capped at Available Tax Increment generated by the Project.
What type of contract is this?
This is a government contract, documented as a agreement record.
Where was this contract approved?
This contract appears in Village of Menomonee Falls Agreement Tax Incremental District Development Agreement for TID No. 20 2026-07-20 (Agreement), 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.