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re: Tepper's (Panthers Owner) company has declared bankruptcy- new practice facility dead

Posted on 6/2/22 at 10:52 am to
Posted by theGarnetWay
Washington, D.C.
Member since Mar 2010
25914 posts
Posted on 6/2/22 at 10:52 am to
quote:

Looks like city of Rock Hill wasn't going to be strongarmed into spending taxpayer dollars on a multi-billionaire's project.


Part true. From what I understand, which isn’t much, Rock Hill had agreed to a massive tax incentive package for the Panthers and intended on following through.

There were apparently delays and miscommunication about the project and then finger pointing about the bond dates.

LINK

Posted by Soda City Spur
Coastal Plains
Member since Mar 2017
990 posts
Posted on 6/2/22 at 12:19 pm to
quote:

finger pointing about the bond dates.
didn't Rock Hill admit they were like 80 mil short on their end of the deal because they couldn't issue enough bonds?

edit - nvm you provided a good link
This post was edited on 6/2/22 at 12:27 pm
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