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Subsidy Tracker Individual Entry

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: 
MEGADEAL

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.