Remove Banking Remove Leases Remove Liability Remove Zoning
article thumbnail

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

Buisness Facilities Contributed Content

This is especially true with the sites that are owned by local government units as they have generally completed the environmental review which then ends environmental liability for future users and property owners. To get ready, many states across the U.S. The program also has two additional tiers of readiness.

Site 49
article thumbnail

Rhode Island Incentives and Workforce Development Guide

Buisness Facilities Contributed Content

Gross Premiums Tax Credits in Enterprise Zones: Rhode Island offers some of the most competitive ongoing tax incentives for job creation in Enterprise Zones. These credits may be taken against the gross premiums tax. Only qualified c-corporations are eligible.

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

CAPCO financing, an alternative to conventional bank financing, can accommodate a slightly higher risk profile and provide a more flexible structure for growing businesses. The principal and interest on the bonds are paid solely from the funds derived from leasing or selling the facilities to the user company.

Income 108
article thumbnail

FEATURE STORY: 2013 Economic Development Awards

Buisness Facilities Contributed Content

Highlights include the largest industrial spec development lease in the last five years in Broward County. The city has created two Tax Increment Financing Districts with a third in process, to expand the municipal infrastructure to industrial and commercial zones.

El Paso 106
article thumbnail

STATE INCENTIVES GUIDE

Buisness Facilities Contributed Content

It is a credit of five percent of the capital costs of a qualifying project, to be applied to the Alabama income tax liability or financial institution excise tax generated by the project income, each year for 20 years. The credit is 20 percent of the actual costs limited to the employer’s income tax liability.

Income 75
article thumbnail

North Dakota Incentives and Workforce Development Guide

Buisness Facilities Contributed Content

Loans are made by the Bank of North Dakota and are guaranteed by the Export-Import Bank of the United States utilizing their medium-term credits program. The Bank of North Dakota (BND) provides some of the lowest interest rates in the nation through this program. Community financial institutions may participate in the loans.

article thumbnail

COVER STORY: Editors’ Location Picks

Buisness Facilities Contributed Content

The Port of Little Rock, on the Arkansas River is a designated Foreign Trade Zone and a United States Customs Point of Entry. This status allows goods to be stored and processed there without custom duties or bonds being paid until products are finished and sold, or moved out of zone. and Mutual of Omaha. of new office space by 2014.

Omaha 76