Beecher Graphic.3

Beecher Approves $38,300 TIF Rebate to Business Park Property

Spread the love

Beecher Village Board Meeting | June 8, 2026

Article Summary: The board approved a $38,300.12 payment to Cecich & Son Enterprises LLC, returning 75% of the village’s 2025 property tax collections from a parcel in the Illiana Crossroads Business Park under a 2023 economic incentive agreement.

Beecher TIF Incentive Key Points:

  • Trustees approved a $38,300.12 payment to Cecich & Son Enterprises LLC.
  • The payment represents 75% of the real property taxes the village received from 615 W. Church Road (Lot 26 in the Illiana Crossroads Business Park).
  • It stems from an economic incentive agreement dated June 26, 2023, covering tax year 2025, payable in 2026.
  • The parcel sits within Beecher TIF District 1; the motion passed unanimously.

BEECHER — The Beecher Village Board on Monday, June 8, 2026, approved a $38,300.12 payment to a business under a 2023 economic incentive agreement, returning three-quarters of the property taxes the village collected last year from a parcel in the Illiana Crossroads Business Park.

Trustee Jessica Smith, chair of the Economic Development and Community Events Committee, presented the motion to approve the payment to Cecich & Son Enterprises LLC. The amount represents 75% of the real property taxes received by the village from the property at 615 W. Church Road, identified in the agenda as Lot 26 in the Illiana Crossroads Business Park, within Beecher TIF District 1 for tax year 2025, payable in 2026.

The payment is tied to an economic incentive agreement dated June 26, 2023. Under such agreements, a municipality returns a share of the property taxes it collects from a site to encourage development or business investment. The board approved the payment in a unanimous roll call.

Leave a Comment





Latest News Stories

Exxon, global agencies warn of oil price spike within weeks

Exxon, global agencies warn of oil price spike within weeks

By Brett RowlandThe Center Square A top ExxonMobil executive warned that oil prices could surge to between $150 and $160 per barrel within weeks as conflict in the Middle East...
Bondi defends Epstein files release, denies Trump involvement

Bondi defends Epstein files release, denies Trump involvement

By Andrew RiceThe Center Square Former Attorney General Pam Bondi defended the U.S. Department of Justice’s release of files associated with convicted sex offender Jeffrey Epstein and did not answer...
Federal jury convicts Spokane ICE protesters as questions remain about local charges

Federal jury convicts Spokane ICE protesters as questions remain about local charges

By Tim ClouserThe Center Square The federal verdict is in, but the local fallout from Spokane’s June 2025 protests against Immigration and Customs Enforcement is still playing out, with another...
Cost uncertainty follows prescription price cap bill in Senate

Cost uncertainty follows prescription price cap bill in Senate

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – Several Illinois Democrats have made a late-session push to create a state board that would impose price...
Trump making final determination on Iranian ceasefire deal

Trump making final determination on Iranian ceasefire deal

By Sarah Roderick-FitchThe Center Square A final determination is being made on whether the U.S. and Iran will agree to a memorandum of understanding that would extend the ceasefire for...
Nevada candidates call for fraud enforcement, healthcare aid

Nevada candidates call for fraud enforcement, healthcare aid

By Andrew RiceThe Center Square Editor's note: This is part of a series previewing the congressional and statewide races in the Nevada primary election, set for June 9. The election...
Sherill calls on ICE to close New Jersey detention center

Sherill calls on ICE to close New Jersey detention center

By Chris WadeThe Center Square New Jersey Gov. Mikie Sherrill is calling on the Trump administration to shut down a Newark ICE detention facility that has been rocked by violent...
Illinois Quick Hits: Chicago mayor, delegation meet pope

Illinois Quick Hits: Chicago mayor, delegation meet pope

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – Chicago Mayor Brandon Johnson says joining the city’s faith community and Pope Leo XIV for multi-faith prayer...
USDA plan rallies around American cotton farmers

USDA plan rallies around American cotton farmers

By Alan WootenThe Center Square America lost its top rank for cotton production in the middle of the last century, its mark as the top exporter to Brazil three years...
Beecher Village Graphic.1

Beecher Approves Crete Church Centennial, Adds Police Cost Requirement

Beecher Village Board Meeting | May 11, 2026 Article Summary: The Beecher Village Board on Monday, May 11, 2026, approved a permit for Crete Protestant Reformed Church to hold its...
WATCH: Experts say increased spending doesn't mean better students

WATCH: Experts say increased spending doesn’t mean better students

By Esther WickhamThe Center Square Spending more taxpayer dollars doesn't make kids smarter, according to experts. As K-12 test scores and student proficiency rates continue to decline nationwide, education experts...
‘Taxpayers deserve to know’: Experts applaud Trump’s drug price transparency expansion

‘Taxpayers deserve to know’: Experts applaud Trump’s drug price transparency expansion

By Tate RosentreterThe Center Square Patients' rights groups are praising President Donald Trump’s announcement of drug price transparency expansion as the first step toward price transparency in healthcare, stating that...
Tourism spending, Springfield investment bill considered as budget deadline nears

Tourism spending, Springfield investment bill considered as budget deadline nears

By Sean Reed | The Center SquareThe Center Square (The Center Square) – Multiple proposals that could increase funding targeted at increasing tourism in Illinois are under consideration for the...
DOJ sues four states over denial of undercover license plates to federal agents

DOJ sues four states over denial of undercover license plates to federal agents

By Andrew PaxtonThe Center Square The Department of Justice filed separate federal lawsuits Wednesday against Washington, Oregon, Maine and Massachusetts, escalating a clash between the Trump administration and Democratic-led states...
Constitutional questions raised over digital age verification bill

Constitutional questions raised over digital age verification bill

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – Constitutional concerns surround state legislation aimed at verifying the age of internet and social media users. Illinois...