1. Holyoke's Marcotte Ford would get tax incentives for $5 million in expansions under recommendation

    Holyoke's Marcotte Ford would get tax incentives for $5 million in expansions under recommendation

    Marcotte Ford would receive tax incentives for two expansions worth nearly $5 million under a plan a City Council committee voted to recommend Monday (Feb. 23). The incentive known as Tax Increment Financing (TIF) would give the Main Street business five years of decreasing exemptions on the value of only the new properties being built, not the existing Marcotte Ford headquarters at 1025 Main St.

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