Columbus, GA Approves One Midtown TAD, Postpones Decision on the Other
Columbus Council approved one of two Tax Allocation Districts proposed for midtown Columbus and delayed a decision on the other. This will be the fifth TAD the council has approved with the city's first TAD approval in December 2015.
Panel Votes to Extend Nuclear Power Tax Credit
The House Ways and Means Committee voted Wednesday to remove the requirement that newly-built nuclear power plants be in service by 2020 in order to receive a tax credit. It would likely benefit two reactors under construction and at risk of missing the 2020 deadline in Georgia and another two in South Carolina.
Flowery Branch OKs Money for Stormwater Work
A TAD is used to help improve blighted areas by using property tax increments resulting from new growth on public projects to help attract growth and increase the increments.
Buckhead CID to Potentially Include Park Capping GA. 400
A Buckhead business group unveiled updated renderings Wednesday of a potential park capping Ga. 400 near Lenox Square that would connect a trail network with green space and establishing links between major office towers and new residential high-rises.
Atlanta Beltline Seeking $50M in Bonds
Atlanta Beltline officials are pushing for a $50 million bond as part of its 2017 budget planning to pay for projects to keep the ambitious 22-mile loop on track.
Holly Springs to Discuss Community Improvement District
The creation of a Holly Springs community improvement district to fund infrastructure improvements downtown is on the agenda of this week's City Council work session.
Johns Creek Posts Info on $40M Parks Bond Referendum
Johns Creek created a city website for residents to learn more about a $40 million parks bond referendum, and how it would seek to implement projects derived from the city's Recreation and Parks Strategic Plan.
Film Industry Generates Over $7B in Georgia Economy
Gov. Nathan Deal today announced that Georgia-lensed feature film and television productions generated an economic impact of more than $7 billion during fiscal year 2016. The 245 feature film and television productions shot in Georgia represent $2.02 billion in direct spending in the state.
Rome City Expecting 3 Tax Deferment Requests
Rome City Commissioners are expecting requests for as many as three new Tax Allocation District financing plans for new developments.
$3.6M Project Likely Headed to Commission Vote in Macon GA
Macon county, GA, has received a $3.6 million construction bid to build multipurpose fields, sidewalks, a playground and pavilions at the Willie Smokie Glover Drive park. Approval from the Macon-Bibb County Commission could come in the next several weeks, and construction by International City Builders could start by early September.
|