Buisness Facilities Contributed Content

NOVEMBER 4, 2013

The GRAD program was first launched in 2008 under a public-private marketing partnership called Georgia Allies in order to enhance economic development opportunities for the state and develop a pool of available industrial sites. A clear path to acquiring or leasing the property must be identified and documented.

Site 49

Site Iowa Tennessee Georgia 49

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. Bond proceeds cannot be used for working capital or inventory. Terms for both are normally 10-20 years and can finance up to 100% of the project costs.

Income 108

Income Finance Zoning Employment 108

Buisness Facilities Contributed Content

JUNE 19, 2014

Since its inception in 2008, the program has recognized 47 active AdvantageSite locations in the state after meeting guidelines such as utility and environmental standards, size, zoning and accessibility. The park also has a 29,580-square foot spec building that is for sale or lease and can be finished to the clients’ specifications.

Site 66

Site Wisconsin Georgia Certification 66

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.

Income 75

Income Finance Zoning Equipment 75