Code name for the company that’s looking at Wallburg in Davidson County for an industrial operation that would provide 500 jobs. Hey, Davidson EDC president Steve Googe says project was brought to him with the double-super-secret code name.
Follow along:
Under the proposal, the Wallburg Town Council and Davidson County Board of Commissioners would appropriate a combined $1.5 million for the purchase of the building at 5568 Gumtree Road. The company would lease the building back through Davidson County and Wallburg for $75,000 for 20 years. In return, Wallburg and Davidson County would combine for an economic development grant of $75,000 annually for 20 years, Googe said.
What a coincidence —-although some believe there are no coincidences —- JLF president John Hood weighs in on economic incentives. Commander Hood is careful to note that comparing politicians to clowns “would be grossly unfair to the clowning community.”
