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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. GEORGIA IS “MARKET READY”. Ready for Development in Georgia (Photo: Georgia.org). From the September/October 2013 issue . To get ready, many states across the U.S.

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Feature Story: Shovel-Ready Sites – Fired Up, Ready To Go

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states have launched site certification programs with the goal of helping communities prepare available sites for investment and expansion. The latest designation happened in April, when the Fairhope Airport Industrial Park in Baldwin County received the AdvantageSite certification. GRAD PROGRAM SPEEDS DEVELOPMENT IN GEORGIA.

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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. Railroad Spurs. Sewer Lines, Sewage Treatment Facilities. Natural Gas-Line Services.

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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. Funds may be used to acquire equipment, make leasehold improvements, purchase recycled raw materials and inventory or acquire real property.

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