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MegadealsSubsidy Tracker Individual Entry
Company: ANDERSON MOTOR COMPANY
Parent Company:
Subsidy Source: local
Location: Illinois
City: Crystal Lake
County: McHenry
Address: 5213 NORTHWEST HIGHWAY, CRYSTAL LAKE, 60014;
Project Description: Performance based sales tax sharing agreement within a TIF District. Reimbursement for redevelopment and improvements calculated using 50% of the generator's annual sales. Reimbursed with TIF Increment, back-up sales tax revenues up to $1M/10 years.
Year: 2012
Subsidy Value: $1,000,000
Program Name: Local Sales Tax Rebate
Awarding Agency: Department of Revenue
Type of Subsidy: tax credit/rebate
Source of Data:
(click here)
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.