Generally speaking, localization is the idea of keeping as much of a region’s resources and energy as local as possible - business, employment, agricultural yields, and economic goods. Localization also includes an effort to reduce the distance that goods travel between production and consumption.
Formerly in New York State, businesses could operate as one of six different types: a business corporation, not-for-profit corporation, limited liability company, general partnership, limited partnership, or sole proprietorship. If Governor Cuomo signs the bill, businesses will be given a seventh option – the benefit corporation. A business corporation can incorporate under New York State law by filing a Certificate of Incorporation under Section 402 of the Business …
Community Benefits Agreements (CBA’s) are legally enforceable contracts between community groups and developers in which community groups promise to support the developers in seeking approvals, permits, or subsidies, and the developers promise to provide certain benefits to the surrounding community. CBA’s are outgrowths of the civil rights, labor, and community organizing movements. CBA’s often represent community-based unionism, where organized labor supports …