No, it’s more than two years. It sets a precedence that continues on if/when they build
The details of the deal revealed Thursday would set the annual tax on the Arlington Heights site at about $3.6 million, down from roughly $8.9 million levied for the 2023 tax year, officials said.
If the team seeks construction permits by the end of 2027, payments would remain the same. If not, payments would increase at the inflation rate of the consumer price index, by 2% to 5%, for 2028 through 2030.