RALEIGH — City officials gave $2.3 million in rental discounts on the newly minted Raleigh Convention Center through 2023 and $167,000 in taxpayer-funded subsidies this year to attract companies and organizations, public records show.
Here is a hard-edged plan to recast North Carolina's downtowns by mixing a little taxpayer investment into an industry that promises to heat up the economy and lead to unalloyed benefits for all.
There may be interest in rethinking a decision to build a government-subsidized convention center in Wilmington. A new report on local spending trends in NC shows why better fiscal priorities are needed.
Here is a hard-edged plan to recast North Carolina's downtowns by mixing a little taxpayer investment into an industry that promises to heat up the economy and lead to unalloyed benefits for all.
RALEIGH—Local politics, usually dealing with everyday occurrences such as trash pickup and parking concerns, can be surprisingly controversial, Raleigh City Councilman Neal Hunt said Monday. Hunt discussed a proposed new convention center in downtown Raleigh and the idea of subsidizing a downtown hotel that some deem vital to the success of a convention center. Hunt said the city council must consider issues of fairness and constitutional bans on using public money for private purposes.
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