Finance committee greenlights $2.9M tax break for new Porsche dealership
OTTAWA -- The City of Ottawa's finance and economic development committee (FEDCo) has given the green light to a $2.9 million grant to build a new "world class" Porsche dealership at the corner of Montreal Road and St. Laurent Boulevard. The project by Mrak Holdings Inc., a.k.a. Mark Motors of Ottawa, would be built at 458 Montreal Rd., currently the site of an Audi dealership, while an existing Porsche dealership stands just down the street at 611 Montreal Rd. Mark Motors owner Michael Mrak said the site has sentimental value to his family. "We always have our roots in the east end. ...
Source: ottawa.ctvnews.ca