Joliet Township High School District No. 204 Resolution Authorizing Tax Abatements for Supermercado El Guero de Joliet, Inc. 2026-05-01
District approves three-year tax abatement for grocer
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Description
Joliet Township High School District No. 204 authorized a three-year, 50% real estate tax abatement on improvements for Supermercado El Guero De Joliet, Inc. at 118 E. Jackson Street. The agreement requires the company to reimburse the District if annual tax revenue from the property falls below $10,364.
Contract Details
Vendor
SUPERMERCADO EL GUERO DE JOLIET INC
Agency
Joliet Twp HSD 204, IL
Contract Type
FINANCIAL_SERVICES
Document Date
May 1, 2026
Contract Term
Three (3) successive years of tax abatement on completed improvements beginning with adoption of the 2026 resolution
Renewal Info
Abatement applies for three successive years with the Board reserving the right to direct the County Clerk not to abate taxes for any year prior to the Clerk’s abatement. No automatic renewal is specified.
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Joliet Township High School District 204 Board Meeting Minutes April 2026
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