Wal-Mart Subsidies in Palestine, TX
|Address||14868 FM 645|
|Type of Facility||distribution center|
|Year Opened||1980; 1996|
|Value of Subsidies||$12.7 million|
NarrativeIn 1980 the city issued $8 million in industrial development revenue bonds to help finance the construction of a distribution center. The county later provided property tax abatements worth about $4.7 million over ten years for a second distribution center just outside the city.