Now you know why our water rates are going up.
City leaders hope additional partners —including the Golden Leaf Foundation, which has pledged $50 million toward infrastructure and workforce development to the first site that lands the state an automaker — will pay for the balance of the project.
We just blew $2.3 million on hope.
If the hope part doesn't work out,
Mayor Nancy Vaughan, Zack Matheny, Mike Barber etc...
will be responsible for losing $2.3 million on a plan
to get water and sewer to a megasite
with another megasite about 10 miles away
which already has water and sewer,
and is already certified.
Who owns the properties that will be purchased,
and who owns the properties that will be developed
on Greensboro taxpayer's dime outside the city's limits?
This project may be the biggest developer give away
in Greensboro's history.
Still no reporting of Triad First Capital.
No word on David Powell.
No word on who the "private monies" are.
Total news blackout by the News & Record.