New Hanover County commissioners tweak, approve Project Grace deal, stick with lease-to-own
Story Park and the downtown library. This week New Hanover County commissioners unanimously approved moving forward with Project Grace, after making a few minor tweaks. Those changes left in place the financing structure, which includes $24 million in additional costs to taxpayers in order to ensure the participation of private development. Several of the last minute changes to the Memorandum of Understanding, or MOU, between Zimmer Development Company and the county addressed concerns voiced earlier this month by the advisory boards for the Cape Fear Museum and the New Hanover County Public...
Source: whqr.org