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RE: update


>From: 	Horn, Charles F.[SMTP:chorn@mailr.sen.state.oh.us]
>Sent: 	Wednesday, November 26, 1997 11:05 AM
>To: 	'glin-announce@great-lakes.net'
>Subject: 	update
>Activity Update #10
>November 21, 1997
>These items have been added to our web-site in the recent weeks:
>Are the nations taxpayers waking up? While politicians continue to
>ignore economic studies and opinion polls, voters in Pittsburg,
>Minnesota and Columbus are not "buying into" the deceptive claims that
>stadiums are an economic development bonanza. Recommended reading: Wall
>Street Journal editorial of 11/12/97 "Thrown for a Loss"
>USA TODAY: Today's Debate: Paying for Stadiums -- November 4, 1997
>Copyright 1997, USA TODAY. Reprinted with permission
>Reprinted with permission of Mr. Joe Brown, National Football League
>The text of the act can be found at:
>Joseph L. Bast of the Heartland Institute writes in a recent publication
>on the Stadium Funding Phenomenon. The article entitled "Sports Stadium
>Madness: Still Ripping Off Taxpayers." The text can be found at:
>Columbus Dispatch reporter Brian Williams reports "Expert: Stadium can
>be an economic tool." Excerpt: Sports facilities by themselves will not
>revitalize downtowns, but done correctly they can be an important
>component, the head of a Cincinnati civic organization said at an urban
>research conference yesterday. The article:
>The text of recent USA TODAY editorial: "How you pay $$$ for stadiums
>far, far away" can be found at
>Mac Holladay, Chief Executive Officer of Market Street Services, Inc.
>writes about states seeking to build a stronger economy need to
>understand what really works. The full text of this article can be found
>at: http://www.geocities.com/CapitolHill/2817/mholladay.htm
>Governing Magazine "The Devil in Devolution" By Alan Ehrenhalt is an
>editorial on the collective irresponsibility of states in perpetuating
>and escalating the economic development incentive wars and raising the
>question of whether states might engage in such uncontrolled competition
>in other areas of government programs with a resulting negative
>"systemic impact" on the nation and individual states. The article is
>based on "Disunited States" a book by Harvard public policy scholar,
>John D. Donahue. The text of the act can be found at:
>Neal R. Peirce writes for the Washington Post "Business Subsidies:
>Booming at the Worst Time." The text can be found at
>Jen Benedeetti writes "Effort aims to find what's fair for all in
>business incentives." 
>Excerpt: There's a tug of war going on between states, communities and
>companies. The prize often is a tax break or other such incentive to
>lure a company to move to an area, or to keep that company from moving
>away. The game is not one even all the players particularly like.  The
>text can be found at: http://www.geocities.com/CapitolHill/2817/jeff.htm
>The Ohio General Assembly has revised a program to provide capital to
>small Ohio based research and development related businesses - Venture
>Capital. Specifically the bill provides a tax credit for investors who
>provide capital for small, Ohio-based research and development and
>technology transfer companies. The text of the act can be found at:
>Michael S. Fogarty - Ameritech Professor of Regional Economics at Case
>Western Reserve University writes "Picking a Future - Should Ohio
>Increase its Investments into Higher Education?" The report was prepared
>for the Ohio Board of Regents.  The text can be found at
>As always, I am open to your comments. If you are aware of an item we
>missed -- please let us know. If you would like not to receive further
>updates - please let me know..