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..."
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Waivers Granted since January 1,
2004
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Print Report
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Madison Telephone Company
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2/18/2011
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BDPIP
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00 92415
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Staunton Township
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Modified agreement to require retention only as the Company was unable to sustain additional growth because of economic conditions.
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Pella Corporation
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3/29/2011
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LBDP-885
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04 88517
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Macomb
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Modified agreement to allow additional time to fully meet job creation levels; no reduction in total jobs. Company adversely affected by housing down turn.
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