Milwaukee Tool is set to proceed on the expansion of its corporate headquarters after clearing one of its final hurdles Tuesday night.
At Tuesday's Common Council meeting, city of Brookfield aldermen voted to provide $6 million in financial aid to Milwaukee Tool as part of its plans for the $33.9 million project.
Aldermen approved the city's sixth tax incremental financing district by an 11-3 vote. In total, the TIF will result in a bill of approximately $8.4 million, including the cost of financing, but the city will recoup its costs through new taxes generated by the new development over a 15-year term.
Alderman Christopher Blackburn has questioned the use of TIFs and continued to do so Tuesday night.
"Every time someone comes in the door are going to say 'Uh oh, are you going to leave? We'll write you a check,'" Blackburn said. "This is not good business. It's not good for the city, it's not good for the citizens, it's not good policy."