Under an agreement reached in the final hours of the Giuliani administration -- and now sidelined by the budget crisis -- the city would have issued $800 million in bonds through a local development corporation to finance the project.
So in 1999, when property owners formed a local development corporation called the Myrtle Avenue Revitalization Project, Mr. Schutte agreed to serve as board chairman.
Under the agreement, which was reached last week, Mr. Schneiderman subpoenaed a local development corporation in Monroe County and its prime contractor over a $224 million upgrade of the county's emergency communications system.
Sedgemoor District Council adopted a local development plan in September 2004 that included the site of the receiving station for future housing development.
Details are published in an updated local development framework consultation paper called core strategy options.
Fourth, the general preference and not a special site-specific individual interest is relevant, which may help at the same time to support rational decisions, in particular in local development and achieve a good acceptance of the results.
If a tiny portion of their turnover – we're calling for 0.25% of sales – was invested through a one-off levy in a local economic development fund this could sponsor a wave of social enterprises and new ventures to help dramatically transform the high street.
"In many offshore markets in Europe, Asia and Latin America local development agencies are the gateway to the best talent," says Mishchenko. "But the way the market works is completely wrong.
The project's broader goals included an attempt to trigger a change in Italian local development strategies, especially for mountain and inland areas, which would be tailored to the real needs of communities, and based on a sustainable exploitation and management of the territorial assets.
