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MegadealsSubsidy Tracker Individual Entry
Company: PETCO ANIMAL SUPPLY
Parent Company:
CVC Capital Partners
Subsidy Source: local
Location: Illinois
City: West Dundee
County: Kane
Address: 403 N EIGHTH STREET, WEST DUNDEE, IL, 60118
Project Description: The Village agrees to rebate Petco an amount not to exceed $75,000 in sales tax revenue for a 5 year period. The rebate will be 75% of the local municipal sales tax dollars that the Vilage collects from Petco from its retail operation at 403 N. Eighth West Dundee for a period of 5 years. Rebate will be made on an annual basis based on the ST-1 and the amount refunded will be .0075 of line 4a.
Year: 2012
Major Industry of Parent: private equity (including portfolio companies)
Specific Industry of Parent: private equity (including portfolio companies)
Subsidy Value: $75,000
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.