Business & Job Creation
Businesses need a friendly and fair business environment so they can compete, innovate, and create jobs. We’re keeping politicians from playing favorites by offering special deals and tax breaks to the favored few.
Development impact fees are supposed to be a legal method of charging new residents and new businesses up-front for government infrastructure they will need, instead of putting an additional burden on current residents who already contribute their fair share.
Six small-business-owners, including a Senator and a one-time legislative candidate, filed a lawsuit today challenging nearly $100 million in tax subsidies Phoenix gave to the developer of a planned mall.
The lawsuit, Turken v. Gordon, was filed in Maricopa County Superior Court and seeks an injunction against the subsidy and to restore the constitutional ban on subsidies.
If successful, the suit would tie the hands of city officials wishing to offer subsidies to lure companies away from neighboring cities.
At last week's mayoral debate, the only one we'll have in this year's lopsided race, Mayor Phil Gordon was asked a very good question and gave a very disappointing answer.
Knowing what we know now, the moderator asked, did Gordon regret the city's promise to hand over $97 million in tax revenue to the developers of City North?
PHOENIX - Early voting started Monday Aug. 13 for the Sept. 11 Phoenix elections.
Citizens in the odd-numbered districts will have an opportunity to elect a new council member for their respective districts, except in Claude Mattox's District 5, unless theres a registered write-in candidate.
And, they'll all get to decide whether to reseat incumbent Mayor Phil Gordon or replace him with either the Republican candidate Steve Lory or the Independent write-in candidate Mark Yannone.
There are also six propositions on the ballot.
An Arizona state senator and several business owners filed a lawsuit today challenging Phoenix's nearly $100 million incentive to the private CityNorth development.
The Goldwater Institute is representing the business owners in the lawsuit, which could have implications for other cities statewide, and could impact the competition for new businesses between Phoenix and Scottsdale along their shared border.
The Goldwater Institute filed suit on Wednesday challenging Phoenix's $97.4 million subsidy to CityNorth, a mixed-use development under construction in northeast Phoenix.
The lawsuit, filed in Maricopa County Superior Court, seeks an injunction against the subsidy and to restore the constitutional ban on subsidies.
The city of Surprise is facing criticism over a $240 million sales tax rebate it is giving Westcor to build a vast retail, office and residential project on farmland next to the planned Loop 303 freeway.
The incentive package is for the shopping mall developer's Prasada project. Prasada will include a regional mall, car dealerships, shopping centers, as many as 13,000 homes and other commercial space.
Arizona's bioscience sector has added jobs, drawn more federal research money and created companies, but the state still needs to attract more venture capital for the state to become a major player in the industry. That's the assessment of the status of Arizona's bioscience businesses after four years of a major public and private-sector effort to expand the industry in Arizona, according to Battelle, a Columbus, Ohio-based technology research organization, which wrote a 10-year plan for the state's bioscience industry.
Phoenix Congressman John Shadegg supports the Bush administration's move Wednesday to release oil supplies from federal strategic reserves in order to ease the strain of skyrocketing gasoline prices.
Gasoline and crude oil prices have soared above already-record levels this week due to Hurricane Katrina's massive hit on the Gulf Coast and its energy operations.
The New Orleans Gulf Coast area accounts for one-third of the domestic petroleum production and the storm has knocked refineries and drilling rigs out of commission.
Rosemary Lean wants to get ahead in life, to make a better future for herself and her children.
To reach her goal, the divorced mother of three works two jobs and is taking classes toward a degree from Pima Community College.
"I have a goal," says Lean, 42, dental program director for St. Elizabeth of Hungary Clinic and a part-time teacher at Pima. "I just don't have a life."