2003 Debt Inventory Leases 
Buisness Facilities Contributed Content
APRIL 15, 2014
The principal and interest on the bonds are paid solely from the funds derived from leasing or selling the facilities to the user company. Inventory is exempt from property tax. Terms for both are normally 10-20 years and can finance up to 100% of the project costs. 97% increase in personal property tax exemption.
Buisness Facilities Contributed Content
MARCH 21, 2014
The principal and interest on the bonds are paid solely from the funds derived from leasing or selling the facilities to the user company. Loan proceeds are to be used for working capital, inventory, equipment purchase, and real property improvements but cannot be used for refinancing of existing debt or outstanding debt payments.
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