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Syracuse IDA approves ownership restructuring for Maguire dealership on Iowa Boulevard
Summary
The Syracuse IDA approved a resolution clarifying a corporate restructuring that transitions the Maguire dealership project from a limited partnership to a limited liability company; the board said the change reflects internal percentage and entity changes, not new owners.
The Syracuse Industrial Development Agency approved a resolution clarifying the ownership restructuring for the Maguire dealership project on Iowa Boulevard, agency staff said. The change formalizes a transition from a limited partnership to a limited liability company (LLC) and does not introduce new owners, board members were told.
Kathy Murphy, a board member presiding at the meeting, described the item as “a…
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