Chicago Bears Arlington Heights Stadium
Sector: Stadium • Location: Arlington Heights, Illinois, United States
Source: Crain's Chicago Business
Legislation approved by the Illinois House paves the way for the Chicago Bears to move to Arlington Heights and build a $5 billion stadium complex on the former Arlington International Racecourse site. The bill allows the Bears to negotiate a lower property tax payment with local taxing bodies through a payment in lieu of taxes (PILOT) for 40 to 45 years, specific to the stadium and immediate surr
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Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | planned |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
Available timestamp type | Obfuscated Data |
Contact
Contact name | Obfuscated Data |
Phone | 0000000000 |
ObfuscatedData@email.com | |
Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | Legislation approved by the Illinois House paves the way for the Chicago Bears to move to Arlington Heights and build a $5 billion stadium complex on the former Arlington International Racecourse site. The bill allows the Bears to negotiate a lower property tax payment with local taxing bodies through a payment in lieu of taxes (PILOT) for 40 to 45 years, specific to the stadium and immediate surrounding parcels. The legislation also includes provisions for a property tax relief fund and a bond program funded by sales and amusement taxes, aimed at supporting infrastructure projects including the One Central development in Chicago. |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
Budget | 000000000000000 |
Location
Region | Obfuscated |
Country | Obfuscated |
State | Obfuscated Data |
County | Obfuscated |
Location | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
More Details
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Article Published Date | Obfuscated Data |