Tuesday 21 June 2016

Counting the local costs of the Connect NC Bond scam

Coming to a poor county near you:

Gov. Pat McCrory applauded local efforts in economic development throughout the years on Friday after he revealed SWELECT Energy Systems LLC will grace Halifax County. McCrory also said the State will soon invest in Halifax County, made possible through the recently passed Connect N.C. Bond Referendum.

“And one reason these bonds were so important is that we’re going to put $6.5 million into Halifax Community College, which is going to help train workers to fill these jobs at (the upcoming SWELECT Energy facility), and also, by the way, you have a great mountain park here, and the park system is so important we’re going to be putting $1.5 million in the Medoc Mountain Park right here,” the governor added.

I'm glad to see a Solar panel manufacturing facility come to NC, and this community desperately needs those 155 jobs. But the truth is, that $6.5 million may end up costing the local community more than it can stomach. There are some details in this forward-looking statement from HCC's President that are critical in understanding the potential pitfalls of this supposed windfall:


http://ift.tt/28UaH2D

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