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Indiana Toll Road operators are considering filing for Chapter 11 bankruptcy to get out of their $6 million debt, nwitimes.com reported. The Indiana Toll Road operators would also sell their rights to operate the road, requiring the 157-mile road come under new management.
These fees also typically include title policies (which ensure a seller has the right to transfer ownership of the property free of any liens, aka debts, which could be passed on to the new owners) and can include property and school taxes. Closing costs were lowest in the Midwest and South.
There is no debt on it, no equipment on it, and it gives a lot more flexibility and optionality within the portfolio.”. . Industry supporters have introduced such measures in Indiana, Kansas, Mississippi, Missouri, Texas, and Utah. You don’t have to worry about damage on the roof, or if you want to sell or demolish a building.
In Indiana, Gov. We tend to come down on the rainy-day side of these discussions, since many of the states who suddenly find their pockets bulging still have large debt obligations, including massive pension payments. We sincerely hope they make their fiscal choices wisely moving forward. Far West U.S. Great Lakes U.S. - Plains U.S.
In fact, when President Obama visited Elkhart, Indiana in 2009 to commiserate with a town then suffering from the highest unemployment in the nation (15.3 The housing market collapse devastated the Golden State at the same time it faced a fiscal reckoning brought on by decades of piling up long-term debt.
OPEN FOR BUSINESS IN INDIANA. The goal of Indiana’s Shovel Ready Program is to expedite the business location process by making the sites more attractive to companies and site-selection consultants who are looking to locate or expand their business. “A Indiana Lt. Photo: Windu.com). Governor Sue Ellspermann.
The debt-free, state-of-the-art AnC Bio facility will take about 18 months to build. We have two winners for this year’s award for Achievement in Site Certification: Indiana Economic Development Corp. for the Indiana Shovel Ready Program and the Tennessee Valley Authority for TVA’s Data Center Site Certification Program.
million loan participation program fostering business expansion and job creation in Arizona by providing debt financing for small businesses (in collaboration with private finance partners). Additionally, the company must demonstrate that it can service the debt. CORPORATE TAX RATE: Indiana’s corporate tax rate was reduced from 8.5
A retreat in the public markets in 2011 resulted in overall financing levels that are back to those seen in 2008, reflecting the continuing struggles of the Eurozone countries over the sovereign debt of some member countries. Kentucky Spreads Seed Capital To Bio Start-Ups.
Loan proceeds are to be used for working capital, inventory, equipment purchase, and real property improvements but cannot be used for refinancing of existing debt or outstanding debt payments. Funds cannot be used for debt refinancing or contingency funding. CORPORATE TAX RATE: Indiana’s corporate tax rate was reduced from 8.5
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