TID No. 7
TID No. 7 was created in 2011 as a mixed-use district. It is located in the northeast quadrant of US Highway 51 and Wis Highway 19. The intention of this district is to induce economic development by providing improvements such as public infrastructure and business development incentives. Particularly, to support and promote the orderly development the Village.
Major Improvements in TID No. 7
- Major improvements in TID No. 7 include Hooper Corporation, Frito Lays, Miller-Bradford & Risberg, and Circle B Landscape Supply, and A+ Storage.
- TID No. 7 started with a base value of $57,500 and currently has an increment value of $116,280,500.
- The expenditure deadline for this district is 2026 and the statutory closing date of this district is in 2037. Currently, TID No. 7 is projected to pay off its obligations and close in 2036, subject to changes in the tax revenue or an extension.