Company: Cabela's Parent Company: Bass Pro Subsidy Source: multiple Location: Texas City: Buda And Fort Worth Project Description: two retail outlets for hunting and fishing gear Year: 2004 Major Industry of Parent: retailing Specific Industry of Parent: retail-hunting & fishing Subsidy Value: $113,800,000 Program Name: multiple Awarding Agency: multiple Type of Subsidy:
Source of Data: The breakdown of the subsidy package is taken from: Dave Michaels, "How cities help pay for stores," The Dallas Morning News, November 1, 2004. Notes: In May 2004, Cabela's announced it would open two of its megastores in Texas, one in Forth Worth and another in Buda, a small town south of Austin. The state provided $600,000 from the Texas Enterprise Fund and $20 million for highway improvements in Buda. The localities created Tax Increment Financing, or TIF, districts to reimburse the company for up-front costs. Forth Worth's TIF subsidy was set at about $57.2 million over 20 years; Buda's was about $36 million. The main Subsidy Tracker data contains a $400,000 entry for the Texas Enterprise Fund. Source Notes: If an online information source is not working, check the Tracker inventory page for an updated link.