Wednesday, July 8, 2009

Northwest Herald | Crystal Lake passes stimulus package

 

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…retailers that produce at least $10,000 in sales taxes could agree on a base sales tax figure with the city. Money brought in above that amount could be used to repay the business for public improvements, expansion, redevelopment and marketing

…Targeted Development Zones approved by the City Council along Route 14 and Route 31 are aimed at encouraging redevelopment along those corridors. Businesses within the zones would be allowed to waive half of their city review, permit and inspection fees for commercial improvements valued at more than $250,000.

…gift certificate incentives for back-to-school shopping of $300 and car purchases of more than $10,000. The gift certificates, worth up to $250, can be used at any retail outlet in Crystal Lake.

Northwest Herald | Crystal Lake passes stimulus package

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