When state and local governments in Georgia woo businesses with property tax breaks, it often takes a bit of financial and legal engineering to make it happen.
How ‘fake’ bonds allow Georgia to offer tax breaks to companies
When state and local governments in Georgia woo businesses with property tax breaks, it often takes a bit of financial and legal engineering to make it happen.
Georgia Environmental Finance Authority gives Bryan Co. $60 million loan for infrastructure
BRYAN COUNTY, Ga. (WTOC) – Bryan County was awarded a $60 million loan by the Georgia Environmental Finance Authority. Officials say the funds come from the Clean Water State Revolving Fund marking a …
Brick and mortar reminders of Georgia’s mistreatment of psychiatric patients could be erased soon
The nearly 13,000 patients were served by 48 “doctors,” some of whom were patients at the asylum themselves. In 2007, 42 suspicious deaths at the asylum, which had been downsized and renamed Central …
Rivian To Pay $300M In Property Taxes For Georgia EV Plant, Construction Begins In 2024
All the pieces are falling into place for Rivian to commence construction on its $5 billion manufacturing facility …
Rivian (NASDAQ:RIVN) Plans to Fund Georgia Plant with $15B Debt Issue
According to a November 9, 2023 agreement, revealed in an SEC filing on Monday, the taxable bonds to finance the construction of the new plant will be issued by the Georgia Department of Economic …
Rivian (NASDAQ:RIVN) Plans to Fund Georgia Plant with $15B Debt Issue
According to a November 9, 2023 agreement, revealed in an SEC filing on Monday, the taxable bonds to finance the construction of the new plant will be issued by the Georgia Department of Economic …
Fire Damages Historic Pre-Civil War Home at Georgia’s Stone Mountain Park
The Davis House was originally constructed in Dickey, Georgia on a 1,000-acre plantation. From its construction in the 1840s until 1961, members of the same family continually lived on the property.
Rivian Automotive’s manufacturing plant in Georgia to get a boost from tax abatement deal (updated)
Rivian Automotive plans to raise $15B in debt to build its electric vehicle manufacturing plant in Georgia, with an annual capacity of 400K vehicles. Read more.
Rivian signs agreements with Georgia to start building EV factory (Nov 13)
The agreement provides for Rivian to rent land, and machinery to operate the plant, for which the company will pay about $300 million in property tax payments. Rivian first announced its $5 billion EV …