Illinois Administrative Code
Title 8 - AGRICULTURE AND ANIMALS
Part 270 - GENERAL OPERATIONS OF THE STATE FAIRS AND FAIRGROUNDS
Subpart B - CONCESSIONS AND EXHIBITS AT THE STATE FAIR
Section 270.150 - Sales During the State Fair
Universal Citation: 8 IL Admin Code ยง 270.150
Current through Register Vol. 48, No. 12, March 22, 2024
For those persons subject to a percentage rental contract, the State of Illinois shall be entitled to a percent of all gross sales during the State Fair. The percentage rate shall be subject to a negotiated written contract between the concessionaire and the Department. The percentage rate in the contract shall be based on the following factors: cost of operation of the concession, profit margin, anticipated gross revenue of the concessionaire, previous experience, selling price, and other factors which could influence the negotiated rate.
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