What does "set aside" mean?
Does it mean they are paying cash on hand,
or are they borrowing the money?
That should quell any talk by opponents of the site that the N.C. Railroad, which announced plans to buy the chunk of land from the megasite foundation in January, didn't have the dollars to follow through on the deal, Melvin said.
Why buy the land from the Megasite Foundation?
Likewise, interchange planning — which is typically funded by the state when an end user is already in place — can move ahead because the foundation paying for the work, he said.
The foundation, who is selling land to North Carolina Railroad,
after the City of Greensboro already spent a couple of million on
WTF?
But Greensboro can for the benefit of some campaign contributors?
So does that mean that companies are now shopping around for megasites? Does Melvin know of an automaker who is now ready to kick the tires of a potential home for a new U.S. auto plant?
If Melvin knows of one, he's not saying. But as supporters have always argued, the site needs to be ready to go when one does come knocking, hence the flurry of activity.
If this isn't some kind of scam, I will apologise,
but it looks like one
"We're confident that it's such a good site that we will eventually get a customer," Melvin said."
http://www.bizjournals.com/triad/news/2016/04/07/supporters-to-begin-marketing-greensbororandolph.html
Where did North Carolina Railroad, owned by the State of North Carolina
get the money to spend on a "speculative" investment
North Carolina's DOT won't/can't drop a dime on because it's a "speculative' investment?