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MegadealsSubsidy Tracker Individual Entry
Company: DEMPSTER DEVELOPMENT L.P.
Parent Company:
Subsidy Source: local
Location: Illinois
City: Park Ridge
County: Cook
Address: 2038 WAUKEGAN RD., GLENVIEW, 60025-1716
Project Description: After $AMOUNT of Retailer's Occupation Tax, Retailer's Service Occupation Tax, the Retailer's Use Tax, or the Retailer's Service Use Tax has come in, rebate the next $AMOUNT each year. This continues until a $4,920,000 cap, discounted at 7% annually back to 9-19-99 and including totals from a prior sales tax agreement, has been met or until 9-19-19 (assuming that the business stays open in that location). [Please note that Tier 2 Reimbursements in the First Amendment are no longer in effect.]
Year: 2004
Subsidy Value: $4,920,000
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.