Illinois Corporate Accountability Waivers Granted

According to Section 25 (b) of Public Act 93-552 "the Director may elect to waive enforcement of any contractual provision arising out of the development assistance agreement required by this Act...any waiver granted pursuant to this subsection (c), the date of the granting of such waiver, and a brief summary of the reasons supporting the granting of such waiver shall be disclosed..."

Waivers Granted since January 1, 2004

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CompanyDate Approved By DirProgram TypeAgreement NumberProject SiteComments
Madison Telephone Company 2/18/2011 BDPIP 00 92415 Staunton Township Modified agreement to require retention only as the Company was unable to sustain additional growth because of economic conditions.
Pella Corporation 3/29/2011 LBDP-885 04 88517 Macomb Modified agreement to allow additional time to fully meet job creation levels; no reduction in total jobs. Company adversely affected by housing down turn.