Article: Gilroy, Calif., Approves $5.4 Million Deal for Retail Center.

By Jon Jeisel, The Dispatch, Gilroy, Calif. Knight Ridder/Tribune Business News

Mar. 19--GILROY, Calif.--After three hours of heated discussion and debate before a big crowd, City Council approved a multi-million dollar financial incentive package Monday for a major shopping center that has also become a battleground over what could reportedly be the first Super Wal-Mart in Northern California.

Council voted 5-2, with Councilmen Charles Morales and Peter Arellano dissenting, to approve a development agreement that could grant up to $5.4 million in sales tax rebates for the Newman Development Corp.'s Pacheco Pass Center at the junction of U.S. 101 ...

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