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MegadealsSubsidy Tracker Individual Entry
Company: McGrath Honda of St. Charles
Parent Company:
Subsidy Source: local
Location: Illinois
City: St. Charles
County: Kane
Address: 1411 E MAIN ST
Zip: 60174-2342
Project Description: Seventy-five percent (75%) of the City's share of sales tax generated by the auto dealership is rebated to the company over a fifteen-year period or until payments of $XXXX are distributed, whichever occurs first. The sales tax commencement date is the first day of January immediately following the date the Company opens the Project for business on the property.
Year: 2023
Subsidy Value: undisclosed
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. Project description is verbatim text (including indeterminate amounts) from the Department of Revenue's online compilation of excerpts from local agreements. Subsidy amount is not readily available.
Source Notes: If an online information source is not working, check the Tracker
inventory page for an updated link.