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Specialty retail incentives are to be applied to existing retail developments and stores for redevelopment and renovation.

Developers attracting and retaining unique and specialty retailers are eligible for an annual sales tax reimbursement incentive.

The Specialty Retailer Incentive serves the City’s desire to attract and retain unique, quality retailers not already serving the market. The City seeks to recruit new and retain existing unique specialty retailers that draw shoppers to Quincy and expand the retail trade area. Diversify the local economy by encouraging a variety of retail stores to enhance the shopping experience. Increase property tax revenues to the City and other local taxing districts andĭ. Increase sales tax revenues through direct sales Ĭ. The goal of this policy is to help ensure that Quincy continues to be a regional retail center by supporting retail businesses that:ī. To provide the level of services necessary to remain a vibrant and livable city, the sales tax base must continue to grow. Quincy relies on sales tax revenues to support the General Fund. The City of Quincy recognizes that a varied retail sector is an important component of a livable and vibrant community. To provide criteria for identifying situations where it is desirable and suitable to provide public incentives for private development of the City’s retail sector.