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MegadealsSubsidy Tracker Individual Entry
Company: OFFICE NATION, INC
Parent Company:
Subsidy Source: local
Location: Illinois
City: Northfield
County: Cook
Address: 500 N CENTRAL, NORTHFIELD, 60093
Project Description: On an annual basis, commencing with January 1 of the year following PCNation receiving a certificate of occupancy at the Northfield location and continuing for a period of ten (10) years, sales tax receipts generated by PCNation and received by the Village will be treated as follows: The first $AMOUNT of such tax generated annually by PCNation at the Northfield location shall be retained by the Village. Any amount in excess of $AMOUNT of such tax shall be shared 50/50 by the Parties. The foregoing formula shall be applied annually, on a calendar year basis. This shall be in effect from January 1 of the year following PCNation s receipt of a certificate of occupancy atthe Northfield location and continue for a period of ten (10) years.
Year: 2013
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. Subsidy value is not available. 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.