Subsidy Tracker Individual Entry

Company: 
TARGET STORE T-1896
Parent Company: 
Target
Subsidy Source: 
local
Location: 
Illinois
City: 
South Elgin
County: 
Kane
Address: 
530 RANDALL ROAD, SOUTH ELGIN, 60177
Project Description: 

50% of total sales tax revenue reported quarterly to the Village of South Elgin by the IDOR, terminating when first occurs: 1.ten yrs after date of first remittance to Target 2.date when obligation is paid-max $1,950,000 or 3.term per Article 7.1

Year: 
2005
Major Industry of Parent: 
retailing
Specific Industry of Parent: 
retail-discount stores
Subsidy Value: 
$1,950,000
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.