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As Councilwoman Sandy Carmany noted first on her blog yesterday, developer Don Linder is again asking for city aid for his redevelopment of the Carolina Circle Mall.
We'll have a story on Linder's request on Satuday, but in the mean time, you can read his letter here.
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Comments (3)
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Hey Matt, who is the bank that made the loan to Linder contingent upon the City coming through with some goodies?
Posted on July 1, 2005 11:02 PM
I notice that in Dr. Linder's letter he specifically mentions the support of the N&R (along with the City Councl) as determining factors in his decision to proceed with the development.
Is the N&R providing the $30,000 savings from dropping your NY Times subscription as your demonstration of support:}?
Posted on July 2, 2005 8:57 AM
Roch,
Dr. Linder told me that BB&T was his lender. When I asked him what exactly the bank was looking for, he said that he didn't know. When I asked how much money in "infrastructure credits" they wanted to see, he said he didn't know.
JWG,
I'll leave that question to the editors to decide, but the Editorial Page makes their own decisions about what to support independent of us lowly reporters.
Posted on July 2, 2005 10:02 AM