article thumbnail

Water on the Brain

Buisness Facilities Contributed Content

During the rest of that decade, while NYC teetered on the brink of bankruptcy, work proceeded at a snail’s pace. Three shifts a day were assigned to the non-stop work on the tunnel (24 workers died during the construction; scores were injured). Ground was broken in 1970 for the 60-mile tunnel. 3 ahead of schedule.

article thumbnail

What were the "Experts" thinking?

PSMJ Resources

For example, Jefferson County Alabama (Birmingham) expanded and modernized their water and sewer system with a large investment in their system. When this market declined and interest rates spiked in this market, the county has been pushed to brink of bankruptcy since they are unable to refinance the thirty day debt.

Finance 40
professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

State by State Incentives Guide

Buisness Facilities Contributed Content

Alabama Infrastructure Grant Program: Funds are available to public entities for extension of water, sewer and road facilities to service new or expanding industries. It allows for the construction of roads, bridges, etc. architectural and engineering, interest incurred during construction, etc.).

Income 108
article thumbnail

STATE INCENTIVES GUIDE

Buisness Facilities Contributed Content

SALES & USE TAX ABATEMENTS: Taxes on construction-related transactions, pollution control devices are exempt from sales and use taxes. MADE IN ALABAMA” JOB INCENTIVES ACT: Qualifying companies may receive a transferable income tax credit to offset import tariff costs during local construction process.

Income 75