Hemet approves tax-sharing agreements to support Hemet Toyota and Tim Moran Hyundai; council authorizes contracts Council authorized two vehicle and automotive tax-sharing agreements to facilitate $7.5 million reimbursements (each applicant) tied to sales-tax sharing for expansion projects at the Hemet Auto Mall; Council said agreements include clawbacks and performance conditions and passed the measure 5-0.

Hemet City Council has just greenlit a $15 million boost for local auto dealerships, paving the way for major expansions and new jobs!

Click to read more!

#HemetRiversideCounty #CA #CitizenPortal #EconomicDevelopment #JobCreation #TaxSharing #HemetAutoMall

Council backs incentives for Buckingham law firm to return downtown; MOU discussed for county job-sharing Council recommended support for Buckingham, Doolittle & Burrows' return to the AES Building with a $50,000 retention grant and a payroll-tied job creation grant; council also discussed a Summit County intergovernmental MOU that updates tax-sharing thresholds for job creation/retention among signatory jurisdictions.

Akron's council is paving the way for a vibrant downtown revival with a $50,000 grant to bring Buckingham law firm back to the heart of the city!

Learn more here

#AkronSummitCounty #OH #EconomicDevelopment #AkronEconomy #TaxSharing #JobCreation #CitizenPortal