Construction Lawyer

JULY 20, 2012

You are not our client and we are not your attorneys unless and until you enter into a written retainer agreement with us. Fidelity had issued a payment bond, but Fidelity refused to pay after the owner declared bankruptcy, and BMD sued Fidelity. The question became whether the general or the subcontractor would bear the risk of loss.

Illinois 40

Illinois Subcontracting Liability AIA 40

Buisness Facilities Contributed Content

APRIL 15, 2014

Property Tax Abatements: The Tax Incentive Reform Act of 1992 (TIRA) allows qualified industries to receive abatements of non-educational property taxes for new businesses locating to Alabama and for expansions of existing facilities in Alabama. The combined state and local millage rate would then be applied to the assessed value.

Income 108

Income Finance Zoning Employment 108

Buisness Facilities Contributed Content

MARCH 21, 2014

BROWNFIELD DEVELOPMENT TAX ABATEMENTS: Gives cities and counties the ability to abate the following: Non-educational city and county sales & use taxes; Non-educational state, city and county property taxes—up to 20 years; Mortgage and recording taxes. Three of the nation’s 40 Renewal Community areas are in Alabama.

Income 75

Income Finance Zoning Equipment 75