Tuesday, the Buncombe County Commissioners are expected to approve, by way of their consent agenda, the gifting of $4 million in Industrial Development Revenue Bonds to Plasticard-Locktech. If that does not make you want to cry, please note the lender is GE Government Finance. You may remember half a year ago when Buncombe County spent $15.7 million to purchase land plus $2.68 for a cash handout, and the City of Asheville granted $1.5 million in tax breaks for . . . drum roll please . . . GE Aviation.
by Leslee Kulba
Wild West blogger