CONTRACTAPPROVED

Menomonee Falls Signs TID Development Agreement with Ridgewood

Menomonee Falls village logoMenomonee Falls village
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

What it covers

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.

Who holds it

Ridgewood Ic LLC holds this contract with Menomonee Falls village.

What happens next

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
Source document
Village of Menomonee Falls Agreement Tax Incremental District Development Agreement for TID No. 20 2026-07-20 (Agreement)

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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.

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