Anatomy of an incentive
Our story this morning and Sandy Carmany mention how an incentive request for Epes Logistics was revived after failing on a 4-4 vote behind closed doors last month. Visit Sandy's Place for more background on how that came to pass.
We'll have a full story on the request in the morning, but in the mean time, I've posted a few things:
Bonus material: One of the arguments fielded by Carmany and Tom Phillips against the proposal is that the company already owns the land for the expansion and would be unlikely to go elsewhere. The land was purchased April 8 by a LLC controlled by Epes' CEO and his son. The son, Jason Bodford, said the company also owns property in the other two possible locations, Kernersville and Rockwall, Tex.