Autobarn, Evanston’s only car dealership, is scheduled to receive approval from aldermen tonight for two sales tax sharing agreements to aid its expansion plans.
One deal would revive and revise a now-expired agreement covering the existing Mazda, Nissan and Volkswagen dealerships on Chicago Avenue. That would give the dealership a 50 percent rebate on sales taxes collected over the next four years. That aid is expected to total between $1.2 million and $1.3 million.
The aid is designed to help the company cover costs of building its planned service and vehicle storage facility at 222 Hartrey Ave.
The city has already approved a $2.5 million tax increment funding agreement for rehabilitation work at the Hartrey site as well as a resolution supporting a reduction by the county of the site’s property taxes.
The other deal would provide an 80 percent rebate over four years on sales at Autobarn’s planned new Fiat/Alfa Romeo dealership. That’s forecast to total over $520,000 toward a projected cost of just over $2 million to launch the new dealership at what has been a used car lot at 1034 Chicago Ave.
The proposed agreements contain various provisions designed to assure creation of new jobs in Evanston as part of the expansion and a provision barring the company’s employees, suppliers and customers from using residential streets east of the Hartrey site to gain access to the facility.