Comments on: Working Together, State and Atlanta Notch a Win

By: Joe

Joe — Fri, 13 May 2011 20:30:53 +0000

Is ATL trying to annex the property because of the frontage on i-75?

By: Joe

Joe — Fri, 13 May 2011 20:30:30 +0000

wait, city of ATL? the plant is in Hapeville city limits

By: JC

JC — Fri, 13 May 2011 17:49:22 +0000

The 3-4 million dollars that went into incentivizing this deal is actually pretty low in terms of typical economic develompent incentives. Remember Kia? Hundreds of millions of dollars. We probably can’t find out, but I’d love to know what other states were offering. I’d put money on Georgia being on the low end. Atlanta is coming out the big winner in terms of financial incentives here. Job tax credits, DOT, REBA…they’re all state funded programs. REBA is basically the state’s closing fund for business recruitment. The Enterprise Zone they’re moving into is a something that Atlanta has had in place for years and years. Overall, this will probably result in a tax-base increase for the city, and in any ase I think it was the exposure from Atlanta Hartsfield-Jackson that made the deciding difference.

By: Decatur Metro

Decatur Metro — Fri, 13 May 2011 15:29:43 +0000

But what if its future Porsche tax money and not yours? Doesn’t seem at all simple to me.

By: AMB

AMB — Fri, 13 May 2011 14:47:51 +0000

Actually it is just that simple. If Porsche wants to locate here, all Atlanta and Georgia should provide are clean water and sewer services, adequate transportation, and public safety. If you are using tax funds to bribe a company to locate here, you are using tax money to ensure a company’s profitability.