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Post by Logan on Apr 3, 2017 6:36:25 GMT -6
Legislature OKs $126 million plan to buy Hewlett-Packard's Boise campusThe Idaho House and Senate have approved a measure authorizing the state to buy the Hewlett-Packard campus in Northwest Boise for state offices. But the Senate has not taken up a related House bill that would prohibit local property-taxing districts from getting other taxpayers to make up the revenue the districts would lose from a state takeover. That bill appears likely to die if the Legislature adjourns its 2017 session as now expected on Wednesday. HP pays about $1.5 million in taxes per year to the city of Boise, the West Ada School District and other taxing jurisdictions. Idaho plans to sell bonds to raise the $110 million it expects to pay for the HP campus. The state plans to spend an additional $16 million for renovations. Read more here: www.idahostatesman.com/news/politics-government/state-politics/article141320373.html
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