Submitted by SurfCityTom on Thu, 09/27/2012 - 3:22pm.
again the numbers come from the bankruptcy court file. Figure $4.75 million as the principal on the 2 mortgages. Unpaid interest since sometime in 2010. Throw in the 5 years of payments to New Hanover County; while never referred to as to nature of delinquency, I would think perhaps unpaid property taxes.
It is my understanding his hotel was to be on the Brownfield plot which is now intended for a ballpark.
I would still question the propriety of the Mayor making any statements pro or con if he was paid a fee by US Invest Co for vis video.
They muddle on.
But this is pretty sophisticated City Slicker stuff.
Vog
again the numbers come from the bankruptcy court file. Figure $4.75 million as the principal on the 2 mortgages. Unpaid interest since sometime in 2010. Throw in the 5 years of payments to New Hanover County; while never referred to as to nature of delinquency, I would think perhaps unpaid property taxes.
It is my understanding his hotel was to be on the Brownfield plot which is now intended for a ballpark.
I would still question the propriety of the Mayor making any statements pro or con if he was paid a fee by US Invest Co for vis video.
They muddle on.
But this is pretty sophisticated City Slicker stuff.