Wal-Mart Subsidies in Duarte, CA
Store Details
City Duarte
State CA
Address 1600 S Mountain Ave
ZIP code 91010
County Los Angeles
Type of Facility discount store
Year Opened 1995
Value of Subsidies $1.8 million

The city subsidized the purchase price of the land for this discount store. The landowner was selling the site for $11 per square foot, but Wal-Mart was only willing to pay $8. The city financed the gap, borrowing the money from Wal-Mart and repaying the debt through a sales tax rebate.
2007 Good Jobs First. This site is in no way connected with Wal-Mart Stores, Inc. or any affiliate of Wal-Mart Stores, Inc.