NCRC

The North Carolina Research Campus project is underway and public improvments to the site are proposed to be financed by Tax-Increment Financed (TIF) bonds. Because of the size of the project, the City of Kannapolis has asked Cabarrus County to participate in the TIF. While a number of Commissioners have expressed support, there is - as always - a small vocal minority that's opposed to improvement of the site for unrelated political reasons.

This is a bipartisan effort - supported by Republicans (Cabarrus NC Legislature Delegation, Cabarrus Board of Commissioners) and Democrats (Mayor of Kannapolis, Kannapolis City Council)

I've put the reports that detail the TIF and the fiscal and economic impact on my site here - if you would like more information.