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COVER STORY: Shovel Ready Sites Are Growing From The Ground Up

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are implementing site certification programs called “shovel ready”—meaning that the site is primed and ready for economic development. Cloud’s Airport Industrial Park, an area certified as “Shovel Ready” under the Minnesota Department of Employment and Economic Development (DEED) Shovel Ready Site Certification Program.

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Feature Story: 2016 Economic Development Awards

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With such a large inventory of bridges and a sizeable backlog of repair needs, we looked to innovative solutions to address the problem,” said PennDOT Secretary Leslie S. The debt-free, state-of-the-art AnC Bio facility will take about 18 months to build. ACHIEVEMENT IN SITE CERTIFICATION.

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State by State Incentives Guide

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Inventory is exempt from property tax. If applying for a transferable credit certificate, no more than half the credit may be applied in a single calendar year. Bond proceeds cannot be used for working capital or inventory. That is, for property with a fair market value of $1 million, the assessed value would be $200,000.

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STATE INCENTIVES GUIDE

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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. INVENTORY TAX EXEMPTION: Effective January 1, 2011, business inventory is exempt from state property taxes (0.25

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