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Mundelein prepares $2.5M tax rebate deal with Jewel-Osco

2016-04-13 00:17:33| Grocery - Topix.net

Mundelein officials have finalized the terms of a tax-sharing deal with Jewel-Osco that's designed to encourage the supermarket chain to open a second store in town. The proposal calls for the village to rebate up to $2.5 million in tax revenue generated by a supermarket planned for 1150 W. Maple Ave. Jewel-Osco will be reimbursed half the village's share of sales taxes the store generates for up to 15 years.

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