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JOLIET – Hawk Auto wants up to70 percent in sales tax rebates to accumulate its Mazda and Volkswagen dealerships in Joliet, according to a burghal agents announcement on the proposal.
The Joliet Burghal Council Bread-and-butter Development Board will accede the sales tax abatement during a affair at5 p.m. Thursday.
Hawk wants to move its Mazda and Volkswagen franchises, now on Jefferson Street, to a Route 59 armpit area it ahead had planned to move its Subaru dealership, according to the announcement from Bread-and-butter Development Director Steve Jones.
The Subaru dealership allegedly now will break on Jefferson Street, as Hawk eyes the armpit for its Mazda and Volkswagen dealerships, which additionally are on Jefferson Street.
Jones’ announcement states that Hawk claims to be talking with added communities about sales tax incentives to relocate.
“As we able-bodied know, adjoining communities are accommodating to action actual advantageous incentives to appropriate dealerships due to the actuality new sales tax opportunities would be created for their community,” Jones’ announcement states.
Jones describes the Hawk appeal as “very similar” to what Romeoville gave Thomas Toyota to move out of Joliet and locate there.
Hawk wants 70 percent of sales tax rebated in the aboriginal bristles years, 60 percent rebated in years six through 10, and50 percent rebated in the final bristles years of the 15-year agreement.
Romeoville provided Thomas Toyota the aforementioned rebates for the aboriginal 15 years. But the Romeoville 30-year acceding additionally rebates 50 percent of the taxes for addition 15 years.
The Hawk acceding additionally banned architecture fees accompanying to new architecture at $10,000.
Jones recommends activity advanced with the acceding because of “the allurement bazaar actuality created by our neighbors.”
“While this is a abominable and aberrant access to alms bread-and-butter incentives, it is a absoluteness we face,” he said in the memo. “Dealerships charge accomplish bread-and-butter business decisions.”
Hawk Auto President John Crane could not be accomplished for comment.
Jones said the burghal would see sales tax from the banker abatement by amid $100,000 and $150,000 a year.
Mayor Bob O’Dekirk would not animadversion Thursday on the abatement proposal.
“I’ll let the Bread-and-butter Development Board animadversion first,” O’Dekirk said. “Let the board do their work.”
At one time, Hawk Auto was planning to move its Subaru dealership to Plainfield. But the car banker eventually formed out a accord to buy 7.6 acreage of Joliet Park District acreage at the bend of Route 59 and Caton Farm Road for that dealership. The acreage makes up a area of the Wedgewood Golf Course that the Park District had been aggravating to advertise for years.
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