The Oregon City Council unanimously approved a TIF redevelopment agreement with Wiggale LLC, the owners of the building that will house the new Ogle County Brewery.
The business, which is slated to open this fall, is located on the corner of Illinois 64 and Illinois 2, in the old National Clothing Company building.
Wiggale LLC partners Kevin Weigmann and Mark Gale remodeled the space, which dates to the 1800s. The city’s TIF agreement with the pair will see rebates for the owners as the building appreciates and taxes get higher.
“The taxes on it will rise every year,” Oregon Mayor Ken Williams said. “Those increase amounts will go into the TIF. We can rebate some of that to Wiggale LLC. We will return to them 75%of the increase in taxes in two ways. We will allow $50,000 up front to be collected over 20 years [at] $2,500 a year. After we collect $2,500, the remainder will be rebated to Wiggale, LLC. We can only guess at what the new appraisal will be.”
The microbrewery will be operated by Joshua Skinner, Brian Wynn and Mike Basciak. Its liquor license recently was approved by the City Council.
The trio plans to have a variety of beers and “something for everyone.” Its products will be organic, and will include blueberry blondes, porters and IPAs.
Skinner and Wynn are particularly passionate about “old-school” authentic German beers.