Tyler Perry to receive $35.3 million in bonds to keep jets at Cobb airport

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Movie mogul Tyler Perry will get $35.3 million in bonds and a 10-year tax abatement to store his private jets at Cobb County International Airport-McCollum field, the Marietta Daily Journal reports.

Perry has a 70-seat Lineage jet, a 14-set Gulfstream G-5 and an eight-seat Embraer Phenom 100.

The bonds will be used to refinance Perry's lineage jet.

According to a fiscal impact analysis by Georgia Tech, Cobb's school district could collect $730,000 in tax revenue from the plane and the county could collect $400,000. The planes could also provide $112,000 in tax revenue for the county.

The Development Authority of Cobb County nicknamed the bond and request "Project Meatloaf."

More at the Marietta Daily Journal here.

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Cobb County International Airport - McCollum Field

Cobb County International Airport

McCollum Field is owned by Cobb County, operated by the County Department of Transportation characterizing it as a municipal airport. It is managed by a full-time, professional airport manager. The airport employs almost 185 people, and had an annual economic impact of more than $47 million to the local economy in 2002.

1723 McCollum Pkwy NW, Kennesaw, GA 30144

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