Subsidy Tracker Individual Entry

Company: 
AIR-WEB
Parent Company: 
Subsidy Source: 
local
Location: 
Illinois
City: 
Romeoville
County: 
Will
Address: 
SOUTHWEST CORNER AIRPORT & WEBER RD, ROMEOVILLE, 60446
Project Description: 

60/40 (60% Village) split with developer for stores located at the SW corner of Airport and Weber Road (Romeoville Crossings/Wal-Mart Site) excluding the Sam's Club. The incenitve is for $7.35 million with no time limit the orignal agreemtent was for $5.1 million with a 7 year limit after the Wal-Mart opened. Additonal Incenitives are avaialbe if sit-down resteraunts open on the site within a certain time period. This is part 1 of the information - See other reports

Year: 
2007
Subsidy Value: 
$7,350,000
Program Name: 
Local Sales Tax Rebate
Awarding Agency: 
Department of Revenue
Type of Subsidy: 
tax credit/rebate
Notes: 

Year is year agreement began. Subsidy value is maximum rebate. Project description is verbatim text (including indeterminate amounts) from the Department of Revenue's online compilation of excerpts from local agreements.

Source Notes: 
If an online information source is not working, check the Tracker inventory page for an updated link.