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MegadealsSubsidy Tracker Individual Entry
Company: FAIRVIEW HEIGHTS 881 FEE, LLC
Parent Company:
Subsidy Source: local
Location: Illinois
City: Fairview Heights
County: St. Clair
Address: 6525 NORTH ILLINOIS, FAIRVIEW HEIGHTS, 62208
Project Description: The sales tax rebate agreement terms are 20 years or $5.1 million dollars, whichever comes first. During the first seven years, the amount of rebate is dependent on the amount of square footage filled with retailers that are new to the City. For the remaining years, the rebate percentage amount is 25%.
Year: 2014
Subsidy Value: $5,100,000
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.