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BUSINESS REPORT: Tennessee Initiates Site Certification Program

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The southern states are known for smart, savvy and successful approaches to economic development and Tennessee is no exception. A clear path to acquiring or leasing the property must be identified and documented. As mentioned earlier, Tennessee is a popular business destination thanks to its rural and urban site preparedness.

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

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TENNESSEE’S PIONEERING SITE-CERTIFICATION PROGRAM. Last year, the Tennessee Department of Economic and Community Development (ECD) launched the Select Tennessee Certified Sites Program , a new, statewide endeavor that assesses, certifies and promotes available sites for relocations and expansions. Foote said.

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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. Small Producer Credit (AS 43.55.024(c)): Credit of up to $12 million per year for taxpayers incurring eligible oil and gas lease expenditures in North Slope operations.

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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. 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.

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