Belvidere council approves up to $107,791 in TIF support for DFA wastewater improvements
Belvidere adopted Resolution 2026-17 on June 1, 2026, authorizing up to $107,790.97 in Tax Increment Financing reimbursement for wastewater pretreatment improvements at DFA Dairy Brands Ice Cream LLC’s 630 Meadow Street facility. The agreement sets a December 1, 2026, completion deadline, includes a five-year operating covenant and requires repayment with 6% compound interest if specified termination or breach conditions occur.