Business & Tech
Blain's Farm and Fleet to Get Sales Tax Incentive
Romeovile trustees approved the agreement at a special Dec. 23 meeting.
Blain’s Farm and Fleet received an economic incentive from the Village of Romeoville at a special meeting Dec. 23.
According to the Chicago Tribune, the business will get a 50 percent sales tax reimbursement incentive which will not exceed $4.9 million.
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Additionally, Farm and Fleet will get another 50 percent sales tax reimbursement if it is able to bring a “table service or quick casual restaurant to the site.” That incentive is not to exceed $1 million.
Mayor John Noak believes the business will be successful.
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“Our site, being closest to the metro area, is going to offer an opportunity for both the company and (the village) to succeed in bringing in a much broader demographic of people into this new concept,” Noak said, as reported by the Chicago Tribune.
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