Subsidy Tracker Individual Entry

Company: 
CABELA'S RETAIL
Parent Company: 
Bass Pro
Subsidy Source: 
local
Location: 
Illinois
City: 
Hoffman Estates
County: 
Cook
Address: 
5225 PRAIRIE STONE PKWY, HOFFMAN ESTATES, 60192
Project Description: 

Commencing upon the issuance of an occupancy permit for this property, the Village agrees to the the Economic Incentive to Cabela's. The Economic Incentive will be paid by the Village only in years where annual sales (not including internet sales) exceed 85% of the sales projections for the appicable Revenue Year as provided in the schedule below. In years where sales are less than 85%, the economic incentive will be reduced by 50%.

Year: 
2006
Major Industry of Parent: 
retailing
Specific Industry of Parent: 
retail-hunting & fishing
Subsidy Value: 
undisclosed
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 not available. Project description is verbatim text (including indeterminate amounts) from the Department of Revenue's online compilation of excerpts from local agreements.

Source Notes: 
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