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MegadealsSubsidy Tracker Individual Entry
Company: NATIONAL SHOPPING PLAZA/GEORGEHANUS
Parent Company:
Subsidy Source: local
Location: Illinois
City: Hanover Park
County: Dupage
Address: 7350 BARRINGTON ROAD, HANOVER PARK, 60133
Project Description: The Village will pay owner of property National Shopping Plaza c/o Barrington Tanglewood LLC, President George Hanus, 25% of the sales tax generated and received on the Walgreens property at 7350 Barrington Road persuant to the application of the Village's 1% off the Municipal Retailers Occupation Tax derived from retail sales. Term of 20 years or to $750,000.00
Year: 1995
Subsidy Value: $750,000
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.