Subsidy Tracker Individual Entry
Menards has invested over $6 million dollars in renovations and expansion to their location, which will add jobs to the community and increase the tax base. The Village will reimburse eligible project cost up to $435,570 through the 1% Business District sales tax generated from Menards sales tax revenue. The funds will be equally disbursed annual not to exceed $435,570 or December 31, 2016 whichever comes first.
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.