Cherryville makes bank on sale of old building

Apr 27, 2013 Full story: The Gaston Gazette 42

The stately brick structure in the center of Cherryville holds nearly 100 years of history.

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mywaywv

Gastonia, NC

#1 Apr 30, 2013
The city bought the old bank building for $325,000 seven years ago. The current tax value is $304,793, according to the county mapping website.

Cherryville leaders accepted Houser Drug owners’$200,000
way to go lost 125.000 on the sale. Glad they don't keep my check book for me!!!!
Alfred E Newman

Cherryville, NC

#2 Apr 30, 2013
Questions to ask yourself.

Who bought the building?

Who knew about the sale?

Why is it that there was no chance for competitive bidding from other parties?

Who did they but the building from 7 years ago?

Someone in city hall saw profit in the deal and as usual the taxpayers are the losers. Remember deals like this come election time.
littlebigtown

Cherryville, NC

#3 May 4, 2013
Are you kidding me! That "sale" is no big deal, just like all the other "rubbish" in this town. Funny isn't it, that if you sell a piece of real estate; real estate property goes up over the years. Why is it that someone can sell a piece of property and the tax value not go up? That was the "sale" price and that is a part of our freedom, to buy and sell as we wish. If you buy a car, you pay tax and keep on paying tax; same as real estate; only thing a car depreciates and real estate property doesn't? Oh poop!! We are taxed on what goes in the horses mouth; taxed on what comes out the other END! We pay tax when we buy something and keep paying tax until we die! Who really reeps profit, those who have six children, then they can and do get help from our government; they are the ones that can and do rake in the $$$'s at tax time; then only work part time so they can get free medical, dental and hospitalization for parent(s) and children. NOT FARE TO THOSE OF US WHO STRUGGLE TO MAKE END MEET.
littlebigtown

Cherryville, NC

#4 May 4, 2013
Are you kidding me! That "sale" is no big deal, just like all the other "rubbish" in this town. Funny isn't it, that if you sell a piece of real estate; real estate property goes up over the years. Why is it that someone can sell a piece of property and the tax value not go up? That was the "sale" price and that is a part of our freedom, to buy and sell as we wish. If you buy a car, you pay tax and keep on paying tax; same as real estate; only thing a car depreciates and real estate property doesn't? Oh poop!! We are taxed on what goes in the horses mouth; taxed on what comes out the other END! We pay tax when we buy something and keep paying tax until we die! Who really reeps profit, those who have six children, then they can and do get help from our government; they are the ones that can and do rake in the $$$'s at tax time; then only work part time so they can get free medical, dental and hospitalization for parent(s) and children. NOT FARE TO THOSE OF US WHO STRUGGLE TO MAKE ENDS MEET.
Alfred E Newman

Cherryville, NC

#5 May 4, 2013
Probably not FAIR as well.
guess who

Cherryville, NC

#6 May 6, 2013
Not fare/fair; you nit pick a word? You must like paying taxes on a building that is sitting vacant for years! Why not sell it and take a loss if it won't be of any use to Cherryville.......ever? Did every word get spelled right?
guess who

Cherryville, NC

#7 May 6, 2013
Alfred E Newman wrote:
Questions to ask yourself.
Who bought the building?
Who knew about the sale?
Why is it that there was no chance for competitive bidding from other parties?
Who did they but the building from 7 years ago?
Someone in city hall saw profit in the deal and as usual the taxpayers are the losers. Remember deals like this come election time.
What's this.....You said, "Who did they "but" the building from 7 years ago? You don't make any mistakes and you want to correct someone else?
guess who

Cherryville, NC

#8 May 6, 2013
Alfred E Newman wrote:
Questions to ask yourself.
Who bought the building?
Who knew about the sale?
Why is it that there was no chance for competitive bidding from other parties?
Who did they but the building from 7 years ago?
Someone in city hall saw profit in the deal and as usual the taxpayers are the losers. Remember deals like this come election time.
You said they LOST on the sale, but then you said, "Someone in Cherryville's city hall saw profit in the deal". I do not recall anyone offering to bid on that building, much less wanting to buy it; did you want to buy it? You are conserned about the tax payers...being losers? Come on, sounds like you don't like some of our elected officials. As for competitive bidding, who would have put in a bid for the building? You know, Cherryville isn't a boom town! Oops....only at New Years! There hasn't been anyone, that I am aware of that has offered to buy that building so why not let a company that knows their business and how to run it,buy it cheaper and pay taxes on it? Since you don't want the building sold, maybe you might like to pay the property taxes on it so you can drive by and see the building empty, like so many in this town? People aren't moving into Cherryville; they are moving out!
Alfred E Newman

Cherryville, NC

#9 May 6, 2013
Guess you are correct I made a mistake by typing the letter "T" instead of the letter "Y". How clever of you to spot that so quickly. And you are absolutely correct that I do not like some of our elected Good Ole Boys. It is time for new blood and a new way of doing government in Cherryville. Tim Moss put in a bid for the building and after a 7 day waiting period the bid was selected. 7 days in Cherryville? by the time anyone found out that the city was selling the building at such a staggering loss the process was over.

Where was the building advertised for sale? How do you know that no one else would have been interested in it?

It is obvious that the sale was pushed through so by the time anyone might object it was done.

And you are again correct that while the city owned the building there were no property taxes generated for the city of Cherryville. You are again very smart and clever by pointing out the obvious.

What is the city doing to attract new life and business to the city? What is our Chamber of Commerce doing?

Recently the city spent a lot of time, money and manpower to remove the clock from the very building in question. Within days the building was purchased by Tim Moss. Tim was very lucky that he did not have the liability of that clock hanging over the sidewalk on a building that the city took such a loss on.

The Good Ole Boys again made back room deals. Who took the loss? Not the elected officials who made the decisions. The tax payers of Cherryville did. The same elected officials that allowed for no oversight that allowed two individuals in city hall to defraud the taxpayers of over half a million dollars. And allowed a police department to make Cherryville the laughing stock of North Carolina.

Did you know that the cities insurance company dropped our liability insurance as of June? Just because of the high losses and bad publicity.

Yes you are correct that I detest the elected officials that allowed this type of environment perpetuate in the City of Cherryville. I live here. I want to have pride in this city. I think that others here feel the same way as I do. It is time to elect out the Good Ole Boys and think about doing things differently than we have been doing things. I am tired of hearing "We always done it that way". Because quit frankly the way we have been doing things is not working.
Alfred E Newman

Cherryville, NC

#10 May 6, 2013
Alfred E Newman wrote:
Probably not FAIR as well.
Littlebigtown, I made a joke out of your misuse of the word FARE instead of FAIR. I apologize for my attempt of levity at your expense. The attempt was to make fun of our human frailties and not to make you feel bad. I even make mistakes while writing. LOL
Alfred E Newman

Cherryville, NC

#11 May 6, 2013
Alfred E Newman wrote:
Guess you are correct I made a mistake by typing the letter "T" instead of the letter "Y". How clever of you to spot that so quickly. And you are absolutely correct that I do not like some of our elected Good Ole Boys. It is time for new blood and a new way of doing government in Cherryville. Tim Moss put in a bid for the building and after a 7 day waiting period the bid was selected. 7 days in Cherryville? by the time anyone found out that the city was selling the building at such a staggering loss the process was over.
Where was the building advertised for sale? How do you know that no one else would have been interested in it?
It is obvious that the sale was pushed through so by the time anyone might object it was done.
And you are again correct that while the city owned the building there were no property taxes generated for the city of Cherryville. You are again very smart and clever by pointing out the obvious.
What is the city doing to attract new life and business to the city? What is our Chamber of Commerce doing?
Recently the city spent a lot of time, money and manpower to remove the clock from the very building in question. Within days the building was purchased by Tim Moss. Tim was very lucky that he did not have the liability of that clock hanging over the sidewalk on a building that the city took such a loss on.
The Good Ole Boys again made back room deals. Who took the loss? Not the elected officials who made the decisions. The tax payers of Cherryville did. The same elected officials that allowed for no oversight that allowed two individuals in city hall to defraud the taxpayers of over half a million dollars. And allowed a police department to make Cherryville the laughing stock of North Carolina.
Did you know that the cities insurance company dropped our liability insurance as of June? Just because of the high losses and bad publicity.
Yes you are correct that I detest the elected officials that allowed this type of environment perpetuate in the City of Cherryville. I live here. I want to have pride in this city. I think that others here feel the same way as I do. It is time to elect out the Good Ole Boys and think about doing things differently than we have been doing things. I am tired of hearing "We always done it that way". Because quit frankly the way we have been doing things is not working.
There I go again. Misused a word. Meant to say Quite Frankly.
littlebigtown

Cherryville, NC

#12 May 6, 2013
Alfred E Newman wrote:
Guess you are correct I made a mistake by typing the letter "T" instead of the letter "Y". How clever of you to spot that so quickly. And you are absolutely correct that I do not like some of our elected Good Ole Boys. It is time for new blood and a new way of doing government in Cherryville. Tim Moss put in a bid for the building and after a 7 day waiting period the bid was selected. 7 days in Cherryville? by the time anyone found out that the city was selling the building at such a staggering loss the process was over.
Where was the building advertised for sale? How do you know that no one else would have been interested in it?
It is obvious that the sale was pushed through so by the time anyone might object it was done.
And you are again correct that while the city owned the building there were no property taxes generated for the city of Cherryville. You are again very smart and clever by pointing out the obvious.
What is the city doing to attract new life and business to the city? What is our Chamber of Commerce doing?
Recently the city spent a lot of time, money and manpower to remove the clock from the very building in question. Within days the building was purchased by Tim Moss. Tim was very lucky that he did not have the liability of that clock hanging over the sidewalk on a building that the city took such a loss on.
The Good Ole Boys again made back room deals. Who took the loss? Not the elected officials who made the decisions. The tax payers of Cherryville did. The same elected officials that allowed for no oversight that allowed two individuals in city hall to defraud the taxpayers of over half a million dollars. And allowed a police department to make Cherryville the laughing stock of North Carolina.
Did you know that the cities insurance company dropped our liability insurance as of June? Just because of the high losses and bad publicity.
Yes you are correct that I detest the elected officials that allowed this type of environment perpetuate in the City of Cherryville. I live here. I want to have pride in this city. I think that others here feel the same way as I do. It is time to elect out the Good Ole Boys and think about doing things differently than we have been doing things. I am tired of hearing "We always done it that way". Because quit frankly the way we have been doing things is not working.
Thank you for such a quick response. You see.....everyone makes mistakes no matter how hard they try not to. We all had a part in voting those elected officials in and some go back years! But, we can't blame the elected officials for everything, including the Cherryville Police Department. "They" are a few people; we are many. We put them in office to do a job and after they got in, they decide what they are going to do on our behalf. We can sit back and condemn one of them or all of them, but what have they got to work with? Cherryville is just a village of people just trying to live the best way they know how and with what they have. Cherryville use to be prosperous until Carolina Freight sold out and moved. Most of those people had to find a job far away, traveling hundreds of miles to and from work. But they didn't and don't get compensated for all the gas, wear and tear on their vehicles. Cherryville's roads are in need of repair. But, here we sit and type about issues of a sale of a building that has been here 100 years. There are greater issues than that building and that building will be put to good use and will not stand idle. Our own people will walk through those doors just like they have before, except there won't be tellers in the windows, there will be a pharmacist and some very nice people. Please don't judge all our elected officials and everyone on our police department. I sure wouldn't want anyone to judge me for something someone else does or did. You want new blood; just about everyone in Cherryville is kin to one another.
Former Resident

Wilson, NC

#14 Jun 24, 2013
Alfred E Newman wrote:
Questions to ask yourself.
Who bought the building?
Who knew about the sale?
Why is it that there was no chance for competitive bidding from other parties?
Who did they but the building from 7 years ago?
Someone in city hall saw profit in the deal and as usual the taxpayers are the losers. Remember deals like this come election time.
Teh building was BB&T for many years before they bought Southern National and moved across town. Not sure who owned it after the bank.

The building had been posted on Preservation NC's web site for a while. I'm sure it was a crony deal as is everything in Podunck, but hey, just passing along the info.
Former Resident

Wilson, NC

#15 Jun 24, 2013
littlebigtown wrote:
<quoted text>
Thank you for such a quick response. You see.....everyone makes mistakes no matter how hard they try not to. We all had a part in voting those elected officials in and some go back years! But, we can't blame the elected officials for everything, including the Cherryville Police Department. "They" are a few people; we are many. We put them in office to do a job and after they got in, they decide what they are going to do on our behalf. We can sit back and condemn one of them or all of them, but what have they got to work with? Cherryville is just a village of people just trying to live the best way they know how and with what they have. Cherryville use to be prosperous until Carolina Freight sold out and moved. Most of those people had to find a job far away, traveling hundreds of miles to and from work. But they didn't and don't get compensated for all the gas, wear and tear on their vehicles. Cherryville's roads are in need of repair. But, here we sit and type about issues of a sale of a building that has been here 100 years. There are greater issues than that building and that building will be put to good use and will not stand idle. Our own people will walk through those doors just like they have before, except there won't be tellers in the windows, there will be a pharmacist and some very nice people. Please don't judge all our elected officials and everyone on our police department. I sure wouldn't want anyone to judge me for something someone else does or did. You want new blood; just about everyone in Cherryville is kin to one another.
just about everyone in Cherryville is kin to one another.-- and therein lies the problem. And no, these are not "nice" people. They're corrupt and have generations of practice. I'm ashamed of the town and glad I got out decades ago. Here in the real world, it doesn't matter "Who's your mamma? Who's your daddy? Or, Where do ya go to church?" You're judged on merit outside your little fishbowl, and THAT is why the town is a laughingstock. You know it's bad when the people in Vale say "Well, at least we're not CHURVUL."
Former What

United States

#16 Jun 24, 2013
Former Resident wrote:
<quoted text>
just about everyone in Cherryville is kin to one another.-- and therein lies the problem. And no, these are not "nice" people. They're corrupt and have generations of practice. I'm ashamed of the town and glad I got out decades ago. Here in the real world, it doesn't matter "Who's your mamma? Who's your daddy? Or, Where do ya go to church?" You're judged on merit outside your little fishbowl, and THAT is why the town is a laughingstock. You know it's bad when the people in Vale say "Well, at least we're not CHURVUL."
On behalf of "CHURVUL" Thank you for leaving 20 years ago and never looking back.
Alfred E Newman

Cherryville, NC

#17 Jun 24, 2013
Former What wrote:
<quoted text>
On behalf of "CHURVUL" Thank you for leaving 20 years ago and never looking back.
Well I still live here. And I say that this smacks of corruption just like everything else that has been going on in this city for generations. Business as usual should be the town motto. When the town was flush during the Carolina Freight heyday I am sure that town officials were living high on the hog.

Too bad the FBI and SBI did not go back further to see where the money was going then.

But once the town started losing revenue base missing funds became more evident.

By the way what happened to our street sweeper? I have not seen it in months. Not enough money to run it maybe? Money that buys things like a half million dollar collectible Corvette like in Woody's driveway? Or is squandered in a questionable building deal for Tim Moss and crew? It is time to elect honest people into positions and maybe move a couple FBI agents here permanent like. Know what I mean?
Sylvester201

Cherryville, NC

#18 Jun 25, 2013
Thank you Alfred, I am not going to accuse you of being one person or another by name, but you have this town's best interests in mind. I wonder if our town's leadership come here? There is really nowhere else we can go, unless Facebook, and you can ask the NSA about that!!!
Former What

United States

#19 Jun 25, 2013
Alfred might as well post his real name as it is very clear who he is. I do commend him for his efforts as he really seems to have the towns best interest at heart. I wish him luck on his bid this November.
Sylvester201

Cherryville, NC

#20 Jun 29, 2013
Lot's of heated comments on this subject. Ok.... So the "Don't say a damn thing to the media" leaders in this sorry excuse for a town purchased this old building at whopping rip-off price. Does this surprise anybody? Who bought it.....WE DID!! What do we do with it? I say open the biggest consignment shop in the history of time. Competition with the rest of our ""uptown" is a good thing. For God's sake.....the only thing holding up our ""uptown" is pigeon droppings. And for all of you who would wish me to "Love it or leave it".... I am working on that now.
Sylvester201

Cherryville, NC

#21 Jun 29, 2013
Ok... My bad. Houser Drug got it. But what are they going to do with it? I would love to stay here, but enough is enough. I can make a house payment every month with what I don't pay in utilities here. What did our "Good 'ol boy" mayor say one time? "Building in February and selling turkeys by Thanksgiving". No Mr. Mayor....not all of us have a "short memory".

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