11-27-2007, 02:01 PM
$1.0 million TDD for road improvements.
$5.0 million municipal bonds for additional infrastructure and overpass improvements.
$1.5 million municipal grant (probbaly also backed by municipal bonds) for site improvements.
The total subsidy was $15,000,000.00 but I only used the State’s numbers of 1/2 for Wal-Mart itself. The remaining 1/2 went to THF Realty. And, yes, I know all about THF but for the purposes of consistency, I felt it was proper to use only those where the "Wal-Mart" name was used. I didn't add THF's subsidies to Wal-Mart's totals.
* Oh, by the way, anyone can contact any state to get this type of information. They are not hiding it from people, just not mentioning it unless asked.
** A Bit more update, the $2.1 million figure for all the other stores does not mean they didn't benefit. That's the amount listed by name, not if given to a developer. That's why I'm not including THF's amounts in Wal-Mart's totals even though it's still all in the family.
Edited by - bob orts on 11/27/2007 18:22:29
$5.0 million municipal bonds for additional infrastructure and overpass improvements.
$1.5 million municipal grant (probbaly also backed by municipal bonds) for site improvements.
The total subsidy was $15,000,000.00 but I only used the State’s numbers of 1/2 for Wal-Mart itself. The remaining 1/2 went to THF Realty. And, yes, I know all about THF but for the purposes of consistency, I felt it was proper to use only those where the "Wal-Mart" name was used. I didn't add THF's subsidies to Wal-Mart's totals.
* Oh, by the way, anyone can contact any state to get this type of information. They are not hiding it from people, just not mentioning it unless asked.
** A Bit more update, the $2.1 million figure for all the other stores does not mean they didn't benefit. That's the amount listed by name, not if given to a developer. That's why I'm not including THF's amounts in Wal-Mart's totals even though it's still all in the family.
Edited by - bob orts on 11/27/2007 18:22:29