Subsidy Tracker Individual Entry

Company: 
WAL-MART STORES, INC. - #1938
Parent Company: 
Walmart
Subsidy Source: 
local
Location: 
Illinois
City: 
Bedford Park
County: 
Cook
Address: 
7050 S. CICERO AVE., BEDFORD PARK, 60638-6402
Project Description: 

Walmart and the Village shall be split equally the sales taxes generated on the property. Walmart will receive their portion annually until the earlier of a) Walmart has received a total of $5,000,000 or b) 10 years after commencement date.

Year: 
2015
Major Industry of Parent: 
retailing
Specific Industry of Parent: 
retail-discount stores
Subsidy Value: 
$5,000,000
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.