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MegadealsSubsidy Tracker Individual Entry
Company: BR HOFFMAN, LLC (DULUTH)
Parent Company:
Subsidy Source: local
Location: Illinois
City: HOFFMAN ESTATES
County: COOK
Address: 5190 HOFFMAN BLVD
Zip: 60192
Project Description: Village shall pay a Municipal Sales Tax Recovery to BR Hoffman, LLC per year beginning with the partial year in which the DTC store opens for business, followed by the first full Revenue Year of operation of the DTC store. Maximum amount is $AMOUNT or 10 years, whichever occurs first. For any Revenue Year, other than the Partial Revenue Year, in which DTC does not generate at least $AMOUNT in Municipal Sales Tax Revenue (the Base Amount), the Village shall not be required to rebate to BR any portion of the Municipal Sales Tax for that particular Revenue Year.
Year: 2015
Subsidy Value: undisclosed
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. Project description is verbatim text (including indeterminate amounts) from the Department of Revenue's online compilation of excerpts from local agreements. Subsidy amount is not readily available.
Source Notes: If an online information source is not working, check the Tracker
inventory page for an updated link.