Wal-Mart Subsidies in Covina, CA
Store Details
City Covina
State CA
Address 1275 N Azusa Ave
ZIP code 91722
County Los Angeles
Type of Facility discount store
Year Opened 1997
Value of Subsidies $5.3 million

Narrative
An article in the Los Angeles Times on October 28, 1993 reported that the Covina city council had approved plans for the redevelopment agency to borrow up to $12 million from Wal-Mart to purchase the land, which would then be resold to Wal-Mart for $6.7 million, making the subsidy equal to $5.3 million. City officials did not return calls from Good Jobs First for more information.

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