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June 27 – Savannah Area Business Buzzzzzzzz

Category: Business Buzzzzzzzz

June 27 – Savannah Area Business Buzzzzzzzz

The Georgia Department of Community Affairs (DCA) has designated Tradeport East Business Center in Liberty County as an Opportunity Zone for the next ten years. The Opportunity Zone designation means new or existing businesses that create two or more jobs in Tradeport East will receive the maximum job tax credit allowed under law, $3,500 per job created, valid for tax years 2011 through 2021.   

 

As part of the Opportunity Zone tax credits, businesses which are unable to use the credit against their Georgia Income Taxes may claim the excess credit against their withholding taxes, according to Ronald E. Tolley, chief executive officer of the Liberty County Development Authority.  “The Opportunity Zone designation will be a valuable tool we use to help recruit and retain industry in Liberty County, so we can add jobs to the local economy.”

                                                           

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It didn’t get much attention in the Coastal Georgia area, but in the special election held last week to replace Rep. Hank Huckaby, R-Athens, who resigned to become University System of Georgia chancellor, Democratic candidate Dan Matthews came in second and forced a run-off vote with Republican Chuck Williams to be held on July 19.

 

Williams is a tree farmer from South Oconee, and a former banker, and received 39 percent of the vote. Matthews is a Democratic activist.  There were three Republicans in the race and the district is “dominated by GOP voters that went for Nathan Deal overwhelmingly just a few months ago,” according to Mike Berlon, chair of the Georgia Democratic Party.  He believes that this is another in a series of signs that “the pendulum is swinging back,” with Georgia Democrats looking for better results in 2012

 

Republicans say Williams is a heavy favorite in the runoff. The turnout was about 11 percent of registered voters.  Matthews received 27 percent of total votes cast.

 

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Savannah’s largest residential community, The Landings at Skidaway Island, is known for its 140 scenic lagoons which afford many homes a “water view.”  However, the recent spike in temperatures and low water levels, have created a situation where many lagoons have now reached temperatures in excess of 90 degrees and fish kills are starting to be reported.

 

The temperatures cause a reduction in the amount of oxygen that can be absorbed by the lagoon water, thus causing a stressed environment for the lagoon.  Additionally, the overcast days or hazy days due to the forest fires in South Georgia can lead to even lower oxygen production in the lagoon, and oxygen requirements for the fish will not be met. This natural occurrence will then lead to the pond turning over, thus causing some fish to die. This phenomenon has occurred in seven ponds throughout the community in the last couple of weeks, and the Landings’ private Public Works staff has been working hard to remove any dead fish from the pond the same day in which they are reported.

                                                                       

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