Remove Debt Remove Infrastructure Remove Leases Remove Long Beach
article thumbnail

Black Gold Rush

Buisness Facilities Contributed Content

The housing market collapse devastated the Golden State at the same time it faced a fiscal reckoning brought on by decades of piling up long-term debt. Last year, a State Budget Crisis Task Force headed by former Fed Chairman Paul Volcker estimated California’s long-term debt at a staggering $370 billion.

article thumbnail

STATE INCENTIVES GUIDE

Buisness Facilities Contributed Content

ALABAMA INFRASTRUCTURE GRANT PROGRAM: Funds are available for extension of water, sewer and road facilities. 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 ends December 2016.

Income 75
article thumbnail

LOCATION FOCUS: California Dreamin’ – A Rebound Fueled By New Energy

Buisness Facilities Contributed Content

Last year, a State Budget Crisis Task Force headed by former Fed Chairman Paul Volcker estimated California’s long-term debt at a staggering $370 billion. Discussions are currently underway regarding infrastructure concerns, utility coordination/installation issues, and the potential of obtaining rail-spur access for the site.