Aurora City Council on Feb. 26 granted a four-year, $200,000 tax credit to Atlas Cinema Barrington LLC, which is soon to open a 10-screen movie theater in Barrington Plaza.
Atlas Cinemas will collect a 5% surcharge on all admissions sales and will remit the proceeds to the city. In return, Aurora will establish the $200,000 tax credit, which Atlas Cinemas may use to offset its local tax burden.
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