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Due Diligence

The people of Wilmington have watched as the Due Diligence process has proceeded related to the stadium exploration. I applaud the process, it appears to be prudent and professional. Things seem to be out in the open. The city council understands the reluctant position on tax payer funding. The Tax Quacks have been out in full force. My sense is that the council will soon respond with a funding plan that will make the project feasible and affordable or they will abandon the project. As the mayor said, "This is an economic development project as well as entertainment". The mayor of Durham said, based on experience,"This is a no brain decision". In Durham the naysayers have long sense dried up. The local investment in downtown Durham has been 300 million surrounding their stadium. The same will happen in Wilmington. Let the process continue!!


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