Title

A Portland City Council committee has recommended that Auto Europe receive nearl

Authors

Source

Casco Bay Weekly

Date

5-18-1995

Pages

6

Abstract

A Portland City Council committee has recommended that Auto Europe receive nearly $1 million in tax breaks so it can spend $2.4 million in renovations to the Galt Block on Commercial Street. Auto Europe wanted a deal that would have allowed it to keep $1.5 million over 20 years, and has not decided whether to accept the city's counteroffer. The company employs over 150 people, and predictions are that it will create 350 more telemarketing positions over the next three years.

Subjects

Auto Europe, Tax increment financing -- Portland

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