Subsidy Tracker Individual Entry

Company: 
SEARS HOMETOWN STORE #7674
Parent Company: 
Sears
Subsidy Source: 
local
Location: 
Illinois
City: 
St. Charles
County: 
Kane
Address: 
2716 E MAIN ST, ST CHARLES, 60174
Project Description: 

State sales taxes originating from taxable sales on the property that exceeds a $AMOUNT base is split between the Company and the City on a 50/50 basis. Home Rule taxes are excluded. Maximum payment per year is $10,000.

Year: 
2011
Major Industry of Parent: 
retailing
Specific Industry of Parent: 
retail-department stores
Subsidy Value: 
$50,000
Program Name: 
Local Sales Tax Rebate
Awarding Agency: 
Department of Revenue
Type of Subsidy: 
tax credit/rebate
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.