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United fined by Indianapolis, State of Indiana. (News Briefs).(United Airlines )(Brief Article)(Statistical Data Included)
Government Finance Review
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August 01, 2002 |
COPYRIGHT 2002 Government Finance Officers Association. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright
Failing to meet the level of investment it promised in return for tax breaks, United Airlines agreed to pay the City of Indianapolis and the State of Indiana a combined $31.1 million in fines. In the midst of a financial slump, United was unable to fulfill a promise to invest $800 million in a maintenance hub over 10 years, ending up $250 million short of the goal. Entitled to $12 million under the agreement, the City of Indianapolis may use the money to shore up an ailing public safety budget. Seeking to ...
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Source: HighBeam Research, United fined by Indianapolis, State of Indiana. (News Briefs).(United...