Subsidy Tracker Individual Entry

Company: 
JEWEL FOOD
Parent Company: 
Cerberus Capital Management
Subsidy Source: 
local
Location: 
Illinois
City: 
Spring Grove
County: 
McHenry
Address: 
2401 N. US HIGHWAY 12, SPRING GROVE, 60081
Project Description: 

VILLAGE SHALL PAY JEWEL A SUM EQUAL TO 50% OF THE VILLAGE'S PORTION OF SALES TAX RECEIVED FOR PRECEDING 12 MONTHS OVER 20 YEARS OR UP TO $3,170,000.

Year: 
2007
Major Industry of Parent: 
private equity (including portfolio companies)
Specific Industry of Parent: 
private equity (including portfolio companies)
Subsidy Value: 
$3,170,000
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 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: 
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