Tonight, the Charlotte City Council will hold a vote on whether or not to use your taxpayer money to buy Eastland Mall. Their lastest rationale
is that if the city buys the mall, it can ensure that the site will be turned into a movie studio.
Apparently, despite the fact that no private party has been able to purchase and renovate the mall property in its entirety since Eastland closed,
there are now suddenly, "several interested parties" now that the city is offering to put your money into the deal.
What's most interesting, though, is Charlotte City Councilman John Autry's statement in today's Charlotte Observer. He says, "We think that this is the last opportunity to have control of the site. If this is to fall through, we'll see the mall broken up. There won't be any planning to it."
That, in a nutshell, is the mindset of the big government planner.
You see, the lack of interest on the part of investors to put their own money at risk to buy the whole mall is a signal from the real estate market telling us that the entire site isn't useful to the private real estate sector. Investors may be willing to buy parts of the property, but not the whole, because the market demand for such a large parcel of land simply doesn't exist.
This isn't acceptable to John Autry and the rest of the Charlotte City Council, though. If no private investors are willing to take the risk of purchasing such a large piece of property with their own money, the City Council is more than happy to put your money up instead, regardless of what you think about it. And if they're going to spend your money, they're also happy to go ahead and decide that there needs to be a movie studio there.
Because, as planning consultant paid with your tax dollars will tell you, every city needs its own movie studio. Why? Because a tax dollar-funded study says so. Why? Because Raleigh has approved tax incentives for film production in NC, of course.
So because Raleigh legislators wanting to raise their own profiles approved giving taxpayer money to movie studios to film in NC, we should spent yet more of your money to build a movie studio in a dead mall so filmmakers will choose to spend their taxpayer-funded bribe money in Charlotte, specifically.
Enough is enough. If you're sick and tired of the Charlotte City Council throwing your taxpayer money around like there's an endless supply of it, let your voice be heard. Call the members of the Charlotte City Council and demand they vote NO to spending your hard-earned money to buy Eastland Mall tonight!
Mayor Anthony Foxx -[masked]
Mayor Pro Tem Patrick Cannon -[masked]
Councilwoman Claire Fallon -[masked]
Councilman David Howard -[masked]
Councilwoman Beth Pickering -[masked]
Councilwoman Patsy Kinsey -[masked]
Councilman James Mitchell, Jr. -[masked]
Councilwoman LaWana Mayfield -[masked]
Councilman Michael Barnes -[masked]
Councilman John Autry -[masked]
Councilman Andy Dulin -[masked]
Councilman Warren Cooksey -[masked]
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