Comfort Inn & Suites Hotel
The City Council approved the Comfort Inn & Suites CID on November 17, 2014 to provide a portion of the financing for a 55-room hotel to support transient travelers, community visitors, and business customers. Funds will also be used for infrastructure improvements, construction and furnishing of the hotel facility. The 2.00% sales tax will be used first to provide up to $3,640,000 revenue distributed on a pay-as-you-go basis for up to 22 years.
Established: 2015
Sales Tax: 2.00%
Location: 517 7th Street.
Use: Construction of a 55-room hotel
Term: 22 years
Active Date of Tax: July 1, 2015
Expiration: July 1, 2037
Maximum Reimbursement: $3,640,000
Holiday Bowl
The City Council approved the Holiday Bowl CID on
February 21, 2023 to provide a portion of the financing for a bowling alley entertainment facility on the south end of Augusta's downtown. Funds will be used for the acquisition of real property and remodeling of a historic building and bowling facility and other expenses associated with the projects. The 2.00% sales tax will be used first to provide up to $600,000 with the revenue distributed on a pay-as-you-go basis for up to 22 years.
Established: 2023
Sales Tax: 2.00%
Location: 310 N. State Street
Use: Acquisition and Rehabilitating/Remodeling of Bowling Alley
Term: 22 years
Active Date of Tax: October 1, 2023
Expiration: October 1, 2045
Maximum Reimbursement: $600,000
Sugar Shane's Cafe
The City Council approved the Sugar Shane's Cafe CID on March 5, 2018 to provide a portion of the financing for a patio/meeting room expansion project to support restaurant growth. Funds will also be used for construction. The 2.00% sales tax will be used first to provide up to $290,000 revenue distributed on a pay-as-you-go basis for up to 22 years.
Established: 2018
Sales Tax: 2.00%
Location: 430 State Street.
Use: Acquisition of real property and construction of an addition and remodeling to an existing restaurant facility, including meeting room spaces, parking lot, and other expenses associated with the projects. The estimated costs of the projects are $290,000
Term: 22 years
Active Date of Tax: July 1, 2018
Expiration: July 1, 2040
Maximum Reimbursement: $290,000 for eligible project expenditures
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