Northport Backs New Coffee Shop with Innovative Tax Deal

Northport Backs New Coffee Shop with Innovative Tax Deal

Northport officials have greenlit a public-private partnership to attract a new coffee shop to Lurleen Wallace Boulevard. The city plans to incentivize the project by rebating 50% of collected sales tax for seven years or until $350,000 is rebated. This creates a win-win, as the city doesn't spend upfront cash, and the development is expected to bring jobs and significant annual taxable sales. The deal highlights how local governments can creatively attract new businesses without immediate financial outlay.

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