Tuesday, May 08, 2007

COUNTY BOARD REJECTS CABELA'S DEMANDS FOR SUBSIDIES


TUESDAY, May 8, 2007, 12:29 p.m. Journal Sentinel
By Don Behm

Board votes to deny funds to Cabela's

West Bend - A slim majority of the Washington County Board today refused to contribute $4 million to Cabela's Inc., rejecting a September 2005 board decision pledging the funds to the company as an incentive to build an outdoor gear store in Richfield.

The 165,000-square-foot showroom opened last September.

Several board members said they opposed giving tax dollars to a corporation.

County Attorney Kim Nass warned supervisors prior to the voting that there could be "risks" of not complying with the earlier agreement. She did not specify what those risks are.

Based in Sydney, Neb., Cabela's Inc. is the nation's largest direct marketer. Its stock trades under the symbol CAB on the New York Stock Exchange.


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