Self Funding Bonds for BioTech Center...

Self Funding Bonds for BioTech Center, Ktown wants County to go 50/50

Posted in the Cabarrus County Forum

Doug Drake

Charlotte, NC

#1 Nov 3, 2006
OMG - I hope what I am reading is wrong, but I am sure its not. Kannapolis is building a parking garage for the Bio Tech businesses. I need some work done around my house. They can fund that I would be glad. When does a city invest money into a private business and win. Never! Taxpayer wake up! these clowns that are running the city of Kannapolis are going to cost you Millions. Dave Muddock keep telling them that he'll cut the project if they don't. Mr Murdock has way to much to loose if he doesn't complete the project to the extent "he" (not the city) initially planned. Why can't these idiots see this. He done it to the city before and now he doing it again. What a miss! Now the city want the county to chip in 50%, I say no way! down sizing the project then, see if that really happen. I don't think so.

Well I hope if the Kannpolis is going to build this garage that the city is going to own and manage it. And not take the tazpayer money to give to Murdock.

Concord, NC

#2 Jan 3, 2007
It's always more fun to play poker with other peoples chips. Murdock and his right hand man,er,woman Safrit have schmozed the city of Kannapolis again. You'd think the first go round for David the Great would have been enough. Hosing down the mill employees as well as hoovering up enough property to start your own country. But all that property just begs to be developed. And when you are rich and bored like Mr.Murdock, you start looking for places to develop(invest). Just stands to reason that the fair city of Kannapolis would just jump at the chance to all in with this guy for another round of put it to the taxpayers. But this time it is sung to the tune of "this is such a great opportunity for you little people". Just float a few more bonds to cover my investment, would you?

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