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MegadealsSubsidy Tracker Individual Entry
Company: MARKETPLACE OF ROCKFORD, LLC
Parent Company:
Subsidy Source: local
Location: Illinois
City: Rockford
County: Winnebago
Address: 5880 EAST STATE STREET, ROCKFORD, 61114
Project Description: Subject to the terms of this agreement the City shall rebate to the Owner 50% of the 1% Municipal Retailer's Occupation Tax (MROT)not to exceed in aggregate $500,000 in total incentive payments to owner, which the City collects from the State of Illinois resulting from the grocery store's retail sales operations within the 98,000 square foot 5880 E. State Street store within the Property
Year: 2012
Subsidy Value: $500,000
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.