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MegadealsSubsidy Tracker Individual Entry
Company: FIRST 173 RETAIL DEVELOPMENT CORPOR
Parent Company:
Subsidy Source: local
Location: Illinois
City: Machesney Park
County: Winnebago
Address: HUTCHINS ROAD, MACHESNEY PARK, 61115
Project Description: Rebate a portion (based on table in agreement) of the Municipal Retailer's Occupation Tax revenues attributable to sales from the subject property until the earlier of 11 years from the opening date of the first retail user or payments equal $4.25M
Year: 2014
Subsidy Value: $4,250,000
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.