This article is an index to nine other articles meant to to address honest concerns about the project and the City of Kannapolis and Cabarrus County’s involvement in funding some of the infrastructure through Tax Increment Financing (TIF) bonds.
I’m making this easy for you. I’ve posted responses to the following statements opposing the North Carolina Research Campus (NCRC) TIF bonds. You can read them by following the “Read Article” link or you can send them to your favorite doubter via e-mail by following the link “E-mail Article To Doubter”.
Here are the statments and links:
“David Murdock is a jerk. His only interest is to see what he can get from us and run. We shouldn’t give him a dime.”
Link to Article
Send Article via E-mail To Your Favorite Doubter
“I’m opposed to incentives to private corporations and cannot support the TIF”
Link to Article
Send Article via E-mail To Your Favorite Doubter
“The County is not supposed to be involved in roads and the like - this is a function of the State.”
Link to Article
Send Article via E-mail To Your Favorite Doubter
“TIF is too risky. What if David Murdock backs out of the project, makes the Research Center non-profit to get out of paying taxes, or otherwise reneges on his public commitments? By the way, aren’t TIF bonds considered ‘Junk Bonds’?”
Link to Article
Send Article via E-mail To Your Favorite Doubter
“The State should be putting in more - they should do their fair share”
Link to Article
Send Article via E-mail To Your Favorite Doubter
“The County needs schools. This project will take money from the schools. Education should be our top priority.”
Link to Article
Send Article via E-mail To Your Favorite Doubter
“This project is too expensive. I don’t care what you say - my taxes will go up”
Link to Article
Send Article via E-mail To Your Favorite Doubter
“Isn’t there a lawsuit against the TIF process?”
Link to Article
Send Article via E-mail To Your Favorite Doubter
“David Murdock has already started the project. Why should we be funding it? Isn’t it against the language of the NC Consititution allowing TIFs to fund a project that would have gone on anyway?”
Link to Article
Send Article via E-mail To Your Favorite Doubter
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9 responses so far ↓
1 The View From The Cheap Seats » NCRC Doubts: What about the children? // Apr 5, 2007 at 4:07 am
[...] More NCRC Doubts [...]
2 The View From The Cheap Seats » NCRC Doubts: The County Shouldn’t Build Roads // Apr 5, 2007 at 4:07 am
[...] More NCRC Doubts [...]
3 The View From The Cheap Seats » NCRC Doubts: David Murdock is a Jerk // Apr 5, 2007 at 4:08 am
[...] More NCRC Doubts [...]
4 The View From The Cheap Seats » NCRC Doubts: Isn’t a TIF Bond an Incentive? // Apr 5, 2007 at 4:08 am
[...] More NCRC Doubts [...]
5 The View From The Cheap Seats » NCRC Doubts: TIFs Are Risky // Apr 5, 2007 at 4:09 am
[...] More NCRC Doubts [...]
6 The View From The Cheap Seats » NCRC Doubts: Where’s the State? // Apr 5, 2007 at 4:10 am
[...] More NCRC Doubts [...]
7 The View From The Cheap Seats » NCRC Doubts: The Project Is Already Started // Apr 5, 2007 at 4:11 am
[...] More NCRC Doubts [...]
8 The View From The Cheap Seats » NCRC Doubts: TIF Lawsuit // Apr 5, 2007 at 4:12 am
[...] More NCRC Doubts [...]
9 The View From The Cheap Seats » Cabarrus BOC Meeting Tonight // Apr 16, 2007 at 7:55 am
[...] NCRC Doubts - countering many of the arguments against Tax-Increment Financing (TIF). NCRC Data - This is a number of lenghty reports detailing the City of Kannapolis’ strategy towards structuring the TIF bond and the need for the County to be involved. The NCRC - Opportunity vs. Ideology - Out of the three, this one makes the best template for a 3-minute speech. [...]