Subsidy Tracker Individual Entry
Per calendar year: after the first $AMOUNT in sales tax received(not including Home Rule) the Village shall reimburse Meijer any sales tax between $AMOUNT and $AMOUNT to Meijer. Any increment in excess of $AMOUNT shall be divided equally on a pro rata basis between the Village and Meijer. Maximum amount of rebate shall be $3,000,000 over the rebate period.
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.