Sunday, March 20, 2016

Melvin, Vaughan, Simpson, Carroll and friends have a problem; " Randolph commissioners create a majority of megasite skeptics"

"Randolph County voters last week elected two new county commissioners to create a majority that will take a much harder look at the development of the Greensboro-High Point Megasite.

...The two new commissioners will join David Allen, who has spent his first year on the board as its lone voice of caution.

All three should look at the David Powell connection,
especially Triad First Capital, Roy Carroll, Jim Melvin and Sam Simpson

Four other commissioners voted last year to spend $10 million on 425 acres within the 1,500 acre megasite. The commissioners entered a contract with the North Carolina Railroad Corp. and the Greensboro-Randolph Megasite Foundation to market and manage the site.

Where is the Railroad going to get the money to invest?

I hear they are going to sell some property?

If the property doesn't sell, how much will the interest costs be for borrowing the money
using the unsold land as collateral?

Allen joined Commissioner Stan Haywood to oppose rezoning the site for heavy industrial use, which passed.

...Allen now will have two staunch allies to ask tough questions and serve as a foil to local and regional leaders eager to lure an automobile plant or manufacturer with a minimum of 1,750 new jobs.

...Frye led the county into a close partnership with the Greensboro-Randolph Megasite Foundation, an arm of Greensboro’s Joseph M. Bryan Foundation.

Now the Megasite Foundation is an "arm" of Jim Melvin

...Just two weeks ago, the county entered a management and marketing agreement with the railroad and the foundation. Worried that the county would be victim of a power play by the foundation and the railroad, for example, Randolph officials won a stipulation in the contract that all decisions must be unanimous.

When in doubt, buy a newspaper and buy as many local politicians as possible, 

...Kidd and McDowell stressed that many voters feel Greensboro and Guilford County officials are pressuring Randolph County to move quickly to pour resources into the site.

If Greensboro's City Council decides to pay for the water and sewer
instead of the state without a deal, doom on them.

...“Everybody’s a stakeholder, but on the other hand, I don’t represent the Bryan Foundation. I don’t represent (foundation President) Jim Melvin or any developers in Greensboro or Guilford or the North Carolina Railroad,” Kidd said. “I represent the people of Randolph county.”

Sounds like Mr. Kidd understands who the stakeholders are

...if it proves to be a bad gamble, the county could end up with a massive site like the one in Kinston. It once was heralded as eastern North Carolina’s biggest job generator, but now is a mostly empty industrial park with a runway and a few hundred employees.

“If we do it the wrong way and we’re not prudent and we’re not vigilant or cross t’s and dot i’s,” Kidd said, “we could look like the Global TransPark.”

Allen is pleased to have like-minded commissioners join him to discuss the impact of development on local residents, how county money is spent, and whether Greensboro and Guilford County are exerting too much pressure..."
Friday, March 18, 2016; Greensboro taxpayers have been lied to, again, on who was supposed to pay for the Megasite water and sewer costs

Friday, March 4, 2016; David Powell attorney Locke Clifford's Nancy Vaughan contribution, along with Megasite Real estate agent Sam Simpson's

Wednesday, March 2, 2016; Jim Melvin's Megasite bribe for Nancy Hoffmann

Monday, February 29, 2016; Ever been lied to? "The city of Greensboro is planning to pay for the extension of water and sewer services to the site."

Sunday, February 21, 2016; Jim Melvin paying Yvonne Johnson for millions funneled to the Randolph Megasite project

Thursday, February 11, 2016; Maybe The Greensboro-Randolph Megasite Isn't About Attracting Automakers At All

Thursday, February 4, 2016; "Greensboro is focusing on wrong megasite"

David Powell on the Randolph County Megasite, his future business interests in the area, Triad First Capital, Sam Simpson and Jim Melvin

On "Ex-Triad economic developer David Powell [buddies with Jim Melvin etc...] charged with four felonies" and links to the linked

Thursday, January 21, 2016; Alan Ferguson: The megasite is a reckless gamble

Tuesday, January 12, 2016; Quite the correlation; North Carolina Railroad relatively suddenly investing in a megasite as their cash flow falls precipitously

Jim Melvin's Megasite deal,
of which Mayor Nancy Vaughan refuses to disclose details 
of which private interests stand to profit.

George Hartzman on Mike Barber and Jim Melvin; June 16, 2015

Greensboro's Real Estate Bubble

More proof of Real Estate Bubble in Greensboro; Quoted in the Wall Street Journal

Monday, November 23, 2015; Randolph County/City of Greensboro Megasite Correspondence

Guess who gets to profit from Greensboro's taxpayers paying for Water and Sewer to Randolph County?