Tag Archives: Economic development Deals

JDA AGREES TO FLOAT $42 BILLION IN “PHANTOM BONDS” FOR FACEBOOK DEAL

January 25, 2018 Based on documents received through open records, here are a few items gleaned from scanning the 166 page Bond Resolution.  Facebook is referred to as Morning Hornet LLC in the documents.The bonds will be issued as “phantom … Continue reading

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PROJECT MEATLOAF—WHAT ECONOMIC DEVELOPMENT IS ALL ABOUT

July 1, 2017 It seems “Economic Development” has become nothing more than Corporate Welfare at the expense of county property owners. Project Meatloaf is the code name for an “economic development project” in Cobb County.  What is most interesting about … Continue reading

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1.03 million-square-foot distribution warehouse developed by TPA Group LLC of Atlanta to come to Butts-Spalding area at I-75 and Hwy 16

February 11, 2016 TPA Group LLC of Atlanta is the Four County Development Authority’s (JDA) “marketing partner” that has recently refused to use their option to buy land in the Stanton Springs business park.  It seems that TPA has been … Continue reading

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JASPER, NEWTON, and MORGAN ALL AGREE TO PLEDGE TAX MONEY TO PAY JDA (STANTON SPRINGS) NOTE WITH BANK OF MADISON

  January 22, 2015 Tonight the Jasper County BOC voted 5-Ø to approve the “tax pledge” resolution, agreeing to bail out the JDA (Joint Development/4 County Development Authority) and make their note payments to the Bank of Madison.   See … Continue reading

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STANTON SPRINGS LAND VALUES VS BEAR CREEK RESERVOIR LAND VALUES

November 23, 2015 A comment on the blog has brought up something for us all to think about, and we want to share it with you. Think about this—Bear Creek Reservoir land in the south part of Newton County has … Continue reading

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IT’S ABOUT TIME THE CITIZENS GOT TO KNOW MORE OF THE STORY ABOUT “ECONOMIC DEVELOPMENT” DEALS

August 28, 2015 Soon, all the deals made by economic development authorities all over the state and country, will have a little sunshine on them, and the taxpayers that end up paying for those deals will have a better idea … Continue reading

Posted in Chamber of Commerce, Economic Development, Open Government, Property taxes | Tagged , , , , , | 6 Comments