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MegadealsSubsidy Tracker Individual Entry
Company: RYAN COMPANIES US, INC.
Parent Company:
Subsidy Source: local
Location: Illinois
City: New Lenox
County: Will
Address: 2370 E. LINCOLN HIGHWAY, NEW LENOX, 60451-9533;
Project Description: In years 1 through 3 inclusive of the agreement 50% if the sales tax revenue generated from the Ryan Property; and, in years 4 through 14 inclusive of the agreement, 60% of the sales tax revenue generated from the Ryan Properties commencing on the commencement date (10/31/19) or until the aggregate amount of $4,500,000 plus 5% per annum from and after the commencement date on the unpaid balance of the Reimbursement Amount (the "Rebate Cap") which ever shall first occur. Rebate payments shall first be applied to the accrued interest and then to the reimbursement amount.
Year: 2005
Subsidy Value: $4,500,000
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.