Sandwich Economic Development Corporation

partnerships

Your investment and participation is needed to promote Sandwich to investors and business owners and to help create a vision for the furture Sandwich area ecomony. Partnerships are available for $5,000/yr (Platinum Partner), $3,750.00/yr (Executive Partner), $1,000.00/yr (General Partner), Associate Partner ($250.00/yr) and Community Partner ($100.00/yr). The primary benefit is the establishment of a strong diversified economic base. Other benefits include goverenance and policy making, attendance at Board Meetings, participation in groundbreakings, SEDC meeting minutes and the Sandwich Economic Outlook Newsletter

Click here for a list of Parnters.

Become a partner in the Sandwich Economic Development Corporation by contacting the SEDC Offices at the SEDC Offices, phone 815-786-6789. 

Platinum Partner : $5,000/year

  • Vote on Policy Recommendations
  • Editorial Input & Receipt of Newsletter
  • Participate in Prospect Road Trips
  • Participate in All Press Conferences
  • Receive Monthly Board Packet
  • Attendance at Monthly Board Meetings
  • Receive Monthly Board Minutes
  • Monthly Email Newsletter
  • Participate in Ribbon Cuttings & Ground Breakings
  • Quarterly Newsletter
  • Listed as Executive Member in Media & Website (including link)
  • Executive Board Member Plaque
  • Community & Economic Profiles

Executive Partner : $3,750/year

  • Eligible for Consideration to Fill Vacancies on Executive Board
  • Share in Policy Discussion as Determined by Executive Board
  • Serve on Policy Recommendation Committees at Board's Discretion
  • Receive Monthly Board Packet
  • Attendance at Monthly Board Meetings
  • Receive Monthly Board Minutes
  • Monthly Email Newsletter
  • Participate in Ribbon Cuttings & Ground Breakings
  • Quarterly Newsletter
  • Listed as Executive Member in Media & Website (including link)
  • Executive Board Member Plaque
  • Community & Economic Profiles

General Partner : $1,000/year

  • Attendance at Board Meetings
  • Receive Board Packets & Minutes
  • Receive newsletters
  • Participate in Ribbon Cuttings & Ground Breakings
  • Listed as General Partner in media & website (incl. link)
  • General Member Certificate
  • Community & Economic Profiles

Associate Partner : $250/year

  • Attendance at Board Meetings
  • Receive Board Minutes
  • Receive newsletters
  • Listed as Associate Partner in media & website
  • Community & Economic Profiles
  • Receive Associate Partner Certificate

Community Partner : $100/year

  • Attendance at Board Meetings
  • Receive newsletters
  • Participate in Ribbon Cuttings
  • Community Partner Certificate
  • Community & Economic Profiles

 

Downtown Sandwich, Illinois

Local Incentives

Property Tax

Sandwich city official have worked diligently manage costs and deliver services resulting in the lowest tax rates in the tri-county area. The Sandwich property tax rate is $6.98698 per $100 of assessed valuation, the lowest rate in DeKalb, Kendall and LaSalle counties. Sandwich affords savings of $.60 to $1.25 over communities within a 20 mile radius. For a new 100,000 square foot (sf) industrial building assessed at $24 per sf, the savings could be up to $20,000 per year.

Sales Tax

Retailers and industries that generate sales tax and who seek to invest significant resources in building construction, major renovation, water, sewer, street and intersection improvements may request sales tax sharing development agreements for a rebate of a portion of the new 1.00% local sales tax revenue. Generally, communities limit the rebate of sales taxes to 25-50% of the actual new sales tax generated, ensuring that no cannibalization of other existing sales tax occurs and to ensure that the community realizes and new revenue growth.

Local Infrastructure

The City has participated in with state and federal grant programs to assist with necessary public improvements such as the extension of a sewer or water line, construction of a street or intersection or a storm water drainage pond or improvement. The City of Sandwich has limited its participation in infrastructure to costs that can be recovered by new city portion property taxes (and possibly utility taxes) generated by the subject investment during the first five years of operation.

Fast Track Permitting

A key incentive that Sandwich can afford is accelerating the building permit and site grading permit process. Sandwich has issued fast track permits for grading and site work, foundation construction and final building permit for nearly every commercial and industrial project, within two weeks of a complete submittal.


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