Wal-Mart Subsidies in Covina, CA
Store Details
| City | Covina |
| State | CA |
| Address | 1275 N Azusa Ave |
| ZIP code | 91722 |
| County | Los Angeles |
| Type of Facility | discount store |
| Year Opened | 1997 |
| Value of Subsidies | $5.3 million |
Narrative
An article in the Los Angeles Times on October 28, 1993 reported that the Covina city council had approved plans for the redevelopment agency to borrow up to $12 million from Wal-Mart to purchase the land, which would then be resold to Wal-Mart for $6.7 million, making the subsidy equal to $5.3 million. City officials did not return calls from Good Jobs First for more information.
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