benefits of doing business

Mayor Denson and the six-member Board of Trustees can often review and approve development proposals with

a 48-hour notice. Incentives that are often used for economic development in CP include: 

• Reimbursement for certain development costs, paid during construction.
  
• Pay-As-You-Go incentives, paid quarterly, semi-annually or annually. 
  
• Sales tax rebates. 
• Real estate tax reductions. 
  
• ​Permit free reductions or waivers. 
  
• Waivers on all Village restrictions on advertising signage and other promotional materials
  

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Calumet Park’s inclusion in the State of Illinois’ Cal-Sag Enterprise Zone automatically qualifies businesses developing in the Village for: 

• 1/2% credit against the State income tax for investments in certain components of qualified properties. 
  
• Exemption from payment of sales taxes or building materials purchases for development.