File #: 150427    Version: Name:
Type: Resolution Status: Passed
File created: 9/4/2015 In control: Village Board of Trustees
On agenda: Final action: 3/17/2016
Title: Sam’s Club - Sales Tax Revenue Sharing Agreement (Continued from October 15, 2015) Recommendation for an Economic Incentive Agreement for a proposed Sam’s Club retail establishment to be located at 611 E. Butterfield Road. The Agreement provides for a net present value sales tax rebate, over up to a ten (10) year period, of up to $2,511,000. (DISTRICT #3)
Attachments: 1. 150427 ecdc sams econo incentive agt.pdf, 2. 150427_BOT_10_15_15_Sam's Club Ec Inc Agrmt.pdf, 3. 150380 & 150427_PC 15-21 and Sam's Club Tax Rev Sharing Agrmnt.pdf, 4. 150427_BOT_03_17_16_Sam's Club Ec Inc Agrmnt.pdf, 5. 150427_BOT_03_17_16_ Sam's Club Ec Inc Agremnt_new language.pdf, 6. Cover Page 150427, 7. Sam's Club Sales Tax Sharing Agreement, 8. R 20-16

Title

Sam’s Club  - Sales Tax Revenue Sharing Agreement  (Continued from October 15, 2015)

Recommendation for an Economic Incentive Agreement for a proposed Sam’s Club retail establishment to be located at 611 E. Butterfield Road.  The Agreement provides for a net present value sales tax rebate, over up to a ten (10) year period, of up to $2,511,000.  (DISTRICT #3)

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