At last night's NorCo Council meeting, a TIF for the Dixie Cup factory building in Wilson Borough was once again on the agenda. A state-required public hearing was conducted on the proposal to provide a tax break to a non-local developer with no experience to convert a vacant factory into 405 luxury apartments. A vote is scheduled for May 7.
This break is supported by Council members Ken Kraft, Kelly Keegan and Jeff Warren. Executive Tara Zrinski also offered her support. To sweeten the pot, developer Brian Bartee has suggested he's willing to give the county $2 million in exchange for $20-29 million.
Makes perfect sense, doesn't it?
I'll have a complete summary of the lengthy public hearing available early next week.
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