Toyota of Batavia https://www.thebatavian.com/ en https://www.thebatavian.com/themes/barrio_batavian/images/thebatavian_logo.png Toyota of Batavia https://www.thebatavian.com/ Local Matters © 2008-2023 The Batavian. All Rights Reserved. Sat, 04 May 2024 12:08:04 -0400 https://www.thebatavian.com/themes/barrio_batavian/images/thebatavian_logo.png Tue, 10 Nov 2009 18:27:00 -0500 Toyota of Batavia gets tax break from GCEDC https://www.thebatavian.com/blogs/howard-owens/toyota-batavia-gets-tax-break-gcedc/10827 Toyota of Batavia is investing $975,000 to expand its dealership, and to help the project along, the Genesee County Economic Development Center is providing a $7,500 tax incentive.

The project was first approved for benefits on Feb. 21, 2008.  But the actual benefit was approved this week.

The dealership is mortgaging its property for $600,000 to help pay for the project. GCEDC is providing the mortgage-tax exemption.

The GCEDC estimates that for every $1 of tax benefit, the community is realizing $616 of investment by the company.

The dealership is located at 3899 W. Main St. Road in the Town of Batavia.

]]> https://www.thebatavian.com/blogs/howard-owens/toyota-batavia-gets-tax-break-gcedc/10827#comments https://www.thebatavian.com/blogs/howard-owens/toyota-batavia-gets-tax-break-gcedc/10827 Nov 10, 2009, 6:27pm Toyota of Batavia Toyota of Batavia gets tax break from GCEDC Howard Owens <p>Toyota of Batavia is investing $975,000 to expand its dealership, and to help the project along, the Genesee County Economic Development Center is providing a $7,500 tax incentive.</p> <p>The project was first approved for benefits on Feb. 21, 2008.&nbsp; But the actual benefit was approved this week.</p> <p>The dealership is</p>