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Folks.. I dunno about all of this.. The article below sums it up perfectly and touches on what many have said in this forum. My question is, for Columbia, what happens when the incentives dry up? Buying down the fares seems like a very short term strategy and all the airline has to do is fire its gate employees and fly away once they expire?. Seems like Midlands Legislatures will get their 'quid pro quo' but it seems like a hollow victory
Columbia has options for airport money - SC Business Report - Midlands - TheState.com (http://www.thestate.com/2010/05/04/1271423/columbia-has-options-for-airport.html - broken link)
Folks.. I dunno about all of this.. The article below sums it up perfectly and touches on what many have said in this forum. My question is, for Columbia, what happens when the incentives dry up? Buying down the fares seems like a very short term strategy and all the airline has to do is fire its gate employees and fly away once they expire?. Seems like Midlands Legislatures will get their 'quid pro quo' but it seems like a hollow victory
Columbia has options for airport money - SC Business Report - Midlands - TheState.com (http://www.thestate.com/2010/05/04/1271423/columbia-has-options-for-airport.html - broken link)
What would you do without g-man?
Grooms believes the final bill, in order to win support, must contain a "clawback provision." Such language would prevent airlines from setting up shop in South Carolina just long enough to take incentive money and leave.
In those cases, they would be required to pay back any money they received.
Grooms believes the final bill, in order to win support, must contain a "clawback provision." Such language would prevent airlines from setting up shop in South Carolina just long enough to take incentive money and leave.
In those cases, they would be required to pay back any money they received.
Just got done talking with Dan Mann who is the executive director at the Columbia Airport. He supports the compromised bill. The only reason the Columbia legislators were against the bill in the first place is because the airport was. Now that the airport supports the revised bill, hopefully the Columbia legislators will too.
Were you able to convince Mr. Mann that it's not important for Columbia to have a viable airport, g-man430?
Nope, I was able to convince him that the compromised bill that gives Columbia $10 million in exchange for GSP and Charleston getting Southwest with $15 million is the best way to go. I wonder how Myrtle Beach feels.
Something tells me this whole deal might have some unintended consequences/backlash.
And you thought Columbia and Greenville didn't get along before? Just wait until a major economic development like Boeing tries to come to Columbia and they'll want tax incentives from the state level that includes Greenville and Charleston:
"You lose that ability, if it's just going to be, 'We're going to split off and do our own thing,' " Grooms said. "It may come to that. And if it does, it would be very difficult for the Midlands folks to expect any help from the state when they have a true economic development need."
And you thought Columbia and Greenville didn't get along before? Just wait until a major economic development like Boeing tries to come to Columbia and they'll want tax incentives from the state level that includes Greenville and Charleston:
"You lose that ability, if it's just going to be, 'We're going to split off and do our own thing,' " Grooms said. "It may come to that. And if it does, it would be very difficult for the Midlands folks to expect any help from the state when they have a true economic development need."
In all of this, I guess you missed a major lesson in how state politics works: you forge alliance with the power players to get what you want. And trust me, if some huge manufacturing operation were coming to the Columbia area, the state would break its neck trying to throw incentives at it like it always does. Business as usual.
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