Wisconsin Record
Manitowoc
ApprovedOther

TID No. 24 Development Agreement — First Amendment

Description

Tycore Built LLC hit about $300K in extra infrastructure costs on the TID 24 project, so the amended agreement raises its max pay-as-you-go incentive from $4.9M to $5.2M.

Impact summary

No immediate hit to city budgets — the city pays its own debt first, and if the TID underperforms the developer may never see the extra money.

Applicant

Name
Tycore Built LLC

At a glance

Hearings
1
Public comments
0
Total mentions
1

Last vote · Committee of the Whole

Approved8–0, unanimous

Last discussed Jun 15, 2026.

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