Love’s will be granted $2M tax incentive

HAMILTON - An anticipated Love’s Country Store and Truck Stop  will receive a tax incentive worth $2 million.
The Hamilton City Council unanimously passed a development agreement with Love’s during its meeting on Monday, May 20.
Through the agreement, the city commits to rebate Love’s for taxes collected on diesel sales, which is taxed at 2 cents per gallon.
Love’s will be reimbursed on diesel tax for up to $2 million or for no more than 20 years, which ever comes first.

 


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