Tuesday, December 13, 2005

Negotiating Handouts in Illinois


Cabela's decision expected soon

BY PATRICK CORCORAN
STAFF WRITER
August 18, 2005

Local officials should know within a week whether or not Cabela's -- a popular camping, hunting and fishing retailer -- is coming to Hoffman Estates. Village Manager Jim Norris said Tuesday that the village and state have put forth their best and final offer, and now it's up to executives at Cabela's to make the next move.

"We're very hopeful," he said. "At this point, we've done pretty much everything we can do (to make the deal happen)."
Cabela's officials could not be reached for comment.

Cabela's is seeking a package from local and state sources of about $40 million, according to village officials. Norris declined to discuss details of package offer.

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