Subsidy Tracker Individual Entry

Company: 
LOWES HOME CENTERS, INC.
Parent Company: 
Lowe's
Subsidy Source: 
local
Location: 
Illinois
City: 
Carol Stream
County: 
Dupage
Address: 
400 W. ARMY TRAIL ROAD, CAROL STREAM, 60188
Project Description: 

Upon completion of the Development, the Company shall receive 70% of the Additional Sales Taxes each year (the "Annual Formula Amount") for a period of up to 15 Qualifying Years thereafter, or if earlier, on the date the Total Amount is paid.

Year: 
2003
Major Industry of Parent: 
retailing
Specific Industry of Parent: 
retail-home improvement
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: 
If an online information source is not working, check the Tracker inventory page for an updated link.