Wal-Mart Subsidies in Moberly, MO
Store Details
City | Moberly |
State | MO |
Address | 1309 Hwy 24 East |
ZIP code | 65270 |
County | Randolph |
Type of Facility | distribution center |
Year Opened | 2002 |
Value of Subsidies | more than $1.65 million |
Narrative
The Missouri Department of Economic Development provided a $1.25 million infrastructure grant through the Community Development Block Grant program to pay for water and sewer improvements. The state also made available enterprise zone tax credits and $400,000 in job training funds. Enterprise zone status also provided a ten-year, 50 percent property tax abatement, the value of which was not available.