Subsidy Tracker Individual Entry

Company: 
MENARD, INC.
Parent Company: 
Menard
Subsidy Source: 
local
Location: 
Illinois
City: 
Machesney Park
County: 
Winnebago
Address: 
1600 W LANE ROAD, MACHESNEY PARK, 61115
Project Description: 

For annual sales generated in excess of $AMOUNT, the Village will rebate 50% of all Municipal Retailer's Occupation Tax revenues from the annual receipts attributable to sales made on the subject property, until the payments equal $250,000

Year: 
2008
Major Industry of Parent: 
retailing
Specific Industry of Parent: 
retail-home improvement
Subsidy Value: 
$250,000
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: 
If an online information source is not working, check the Tracker inventory page for an updated link.