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Alabama voters could have final say on VW deal
Alabama voters could have final say on VW deal
MyFox
Birmingham
(Enlarge photo)
03/07/2008 23:27. MONTGOMERY - If Volkswagen picks Alabama for an assembly plant, voters statewide will likely get to decide if they want to seal the deal, possibly by tapping into a state savings account.

Alabama is in a contest with Tennessee and Michigan for the plant and its 2,000 jobs. It is offering incentives, which have not been disclosed but could be more than $200 million, to lure the German automaker.

If Alabama wins, voters going to the polls on Nov. 4 to elect a president and other officials may also get to give a thumbs up or down on how best to pay for the incentives.

State Finance Director Jim Main favors paying for them with a one-time withdrawal from the Alabama Trust Fund. That’s the state’s savings account for royalties from natural gas wells drilled in state-owned waters along... // Opelika Auburn News

Total: 36 news articles, 4 photos
First News Article: New Straits Times, 27/06/2008 20:13


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