Wal-Mart Subsidies in Lake Elsinore, CA
Store Details
City | Lake Elsinore |
State | CA |
Address | 31700 Grape Street |
ZIP code | 92532 |
County | Riverside |
Type of Facility | discount store |
Year Opened | 1994 |
Value of Subsidies | $2.2 million |
Narrative
The developer of a retail plaza anchored by a Wal-Mart received a tax rebate to pay for infrastructure costs. Articles in the Riverside Press-Enterprise (including those on December 2, 1994 and March 23, 1993) reported that the benefit to Wal-Mart was $2.2 million. Local officials confirmed that the subsidy was awarded but could not confirm its value.