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: 
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