Authorize rebate of 2018 ad valorem taxes for Outlet shops
Submitted for:
Nathan Bratton
Submitted By:
Nathan Bratton
Department:
Civil Legal Division
Subject:
Discussion and possible action to authorize the rebate of 2018 ad valorem taxes paid by EL PORT AL CENTER, LLC, an Illinois Limited Liability Company d/b/a THE OUTLET SHOPPES AT LAREDO as per tax abatement agreement to Assignee Laredo Outlet Shops LLC and any matters incident thereto. [Ad Valorem Tax Account]
Background:
Taxes were paid and are to be rebated for 2018 tax year.