The November 1, 2010 ruling by the Georgia Supreme Court ruled the tax breaks granted by the Fulton County Development Authority for development projects on local government were unconstitutional subsidies.
Now Cobb County has come along to offer tax breaks for a developer to develop part of the Hidden Forest subdivision into mixed use residential and retail space. Cobb Developer - Lynwood Development Group -Tax Break
The General Assembly also passed a constitutional law allowing school taxes to be used for development projects.
Source: Atlanta Business Chronicle 11/5-11/2011.
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