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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: 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. Across the U.S., million in capital investments.

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State by State Incentives Guide

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The principal and interest on the bonds are paid solely from the funds derived from leasing or selling the facilities to the user company. If applying for a transferable credit certificate, no more than half the credit may be applied in a single calendar year.

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STATE INCENTIVES GUIDE

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The principal and interest on the bonds are paid solely from the funds derived from leasing or selling the facilities to the user company. The program offers the following incentives: Transaction Privilege Tax Exemption (TPT Exemption) on purchased qualifying equipment and leased or rented qualifying equipment. TAX EXEMPTIONS.

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