Home Depot gets $200M windfall

ATLANTA — Home Depot is receiving $200 million in bond money on top of tax breaks from Cobb County officials in return for staying where they are. Real estate and construction VP Michael LaFerle told the Marietta Daily Journal that the company wanted to maintain its roots in the Georgia county but the tax breaks were needed to make that feasible. The bond money will be issued over the next decade and will aid the renovation of Home Depot’s Cumberland, Ga., headquarters.