Everyone Wins — But What About The AZ Taxpayer?

 

Via arizonasonoranewsservice.com

PHOENIX — Last week, Gov. Ducey took the lead in personally announcing a $1 billion deal with Nikola Motor Company to build a factory and headquarters in Buckeye, the centerpiece of a master-planned community that has been the pet project of two of the Valley’s biggest developers.

Nikola didn’t decide to pack up shop in Utah and move everything to Arizona out of the kindness of their hearts, as both the state and the city of Buckeye have generous incentives packages to lure the hydrogen-electric semi truck manufacturer out to the West Valley.

JDM Partners, one of the two real estate developers, has been generous too: Jerry Colangelo, David Eaton, and Mel Shultz (The J, D, and M of the Partners) each contributed $5,000 to the governor’s 2018 election fund, all on March 23rd, 2017 as campaign finance reports show. That’s the maximum a person can give to a statewide candidate.

 

Read more…

Editorial Team

Our Editorial Team curates "news you can use" from hundreds of local newspapers, magazines, blogs and online sources, press releases, radio and TV news shows from around the world. We take great pride in being providing Daily Business Intelligence that's all business and no politics.