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Congratulations to WWAY for

Congratulations to WWAY for breaking this story! The resignation of Tom Eagar should have happened in December 2005 when he helped Carl Stewart (Chairman, Board of Directors) take the NCSPA down the misguided and ill conceived NCIT Project path by purchasing 600 acres (300 acres of wetlands) for $30M to build the NCIT. Current tax value is approximately $12M. An extremely flawed business plan and data followed proving a disaster was looming on the horizon. Now, the Maritime Strategy Study Team is all set to continue the same ill conceived action. Time to stop wasting the tax payers money, can the deep water port concept for NC, and move on to making our two good little ports more competitive internationally and profitable.


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