Record #:

2802

Author(s):

Harrington, Dixie L.

Abstract:

Businesses move for a number of reasons: consolidation, bankruptcy, better offers. Some cities coping with recent losses are Greenville (Glaxo Wellcome) and Tarboro (Black and Decker).

Source:

Southern City (NoCar Oversize JS 39 S6), Vol. 46 Issue 3, Mar 1996, p1,8-9, il

Subject(s):

Tarboro--Economic conditions; Business relocation; Greenville--Economic conditions

Record #:

2803

Author(s):

Christensen, Margot F.

Abstract:

The North Carolina Supreme Court ruled in 1996 in the case of Maready v. City of Winston-Salem that the use of public funds by cities and counties to attract businesses is not unconstitutional.

Source:

Southern City (NoCar Oversize JS 39 S6), Vol. 46 Issue 3, Mar 1996, p4-5, il

Subject(s):

Economic development projects--Finance; Industry and state

Record #:

2804

Author(s):

Christensen, Margot F.

Abstract:

Although the state's intangibles tax was repealed in 1995, a recent ruling of its unconstitutionality by the U.S. Supreme Court could prove costly to the state, with refunds reaching $120 million.

Source:

Southern City (NoCar Oversize JS 39 S6), Vol. 46 Issue 3, Mar 1996, p1,3, il

Subject(s):

Intangible property--Taxation