Google’s secrecy agreement with the Montgomery County IDB should be undone
The Google groundbreaking via WRKN February 2018. On Dec. 22 2015, the Industrial Development Board of Montgomery County entered into a “Payment in Lieu of Tax Agreement” with Google “to induce” it to build and operate an information technology center near Clarksville. It provided that: Google, through its company Foxman LLC, would take over property (which the government had purchased with taxpayer funds) through a lease agreement; The industrial development board would issue as much as $2 billion in industrial revenue bonds to help Google finance additional facilities and equipment on the property, and; Google would be relieved from paying any taxes on the land for 20 years, [...]