Subsidy Tracker Individual Entry
In October 2011, the Agency approved a Sale Leaseback and PaymentinLieuOfTax Agreement with Maines Paper & Food Service, Inc., to expand their distribution center by 19,950 square feet for a major customer, Darden Restaurants, Inc. The expansion is comprised of dry and cool warehouse space and will result in the creation of 40 new full time employees. The Agency closed on the project in December 2011. All tax exemptions, pilot payments will be entered under Project 03010603A.
Subsidy value is total for the year of property tax abatements and sales tax exemptions net of payments in lieu of taxes. Jobs and wages are estimates.