Subsidy Tracker Individual Entry

Company: 
Penobscot LLC
Parent Company: 
Subsidy Source: 
local
Location: 
Maine
City: 
Bangor
Year: 
2011
Subsidy Value: 
$1,323,146
Program Name: 
Bangor municipal tax increment financing
Awarding Agency: 
Bangor Community & Economic Development Department
Type of Subsidy: 
tax increment financing
Source of Data: 

direct from agency; not on web

Notes: 

Subsidy value is total TIF expenditures from FY 1998 to FY2011 used to pay the city's debt service in connection with financial assistance given to Penobscot Development for acquisition and environmental remediation of the former Gasworks site on Main Street, ultimately to provide land area necessary for the construction of a supermarket in a Community Development project area.

Source Notes: 
If an online information source is not working, check the Tracker inventory page for an updated link.