Panthers terminating Rock Hill project agreements

[Panther'sBigD]

As a native Charlottean who's watched and had to listen to thousands of transplants who have descended on Charlotte for jobs and then moved to Fort Mill to dodge paying Charlotte/NC taxes, I get a kick out of the pearl clutching over the 'wasted tax dollars' thing. It's the little things you treasure. 

[SizzleBuzz]

1 hour ago, LinvilleGorge said:

Because of wage laws. But those contracted companies took it in the shorts. And some of those "working men" might get hosed if it causes those companies to go belly up or endure some cutbacks to make up for the pantsing they took.

Why? Because poo runs down hill. "Trickle down" didn't work out so well but poo still runs down hill.

Nonsense.

I challenge you to parse the creditor list and isolate the companies you feel could "go belly up" and point out the specific cases where "working men might get hosed"...

...the 17 creditors in question are listed on page-13 of the bankruptcy document that can be accesses here:

https://drive.google.com/file/d/1_8BrC74ioh-w7c_46zg7M6ar3MUSu3F3/view

 

 

[LinvilleGorge]

13 minutes ago, SizzleBuzz said:

Nonsense.

I challenge you to parse the creditor list and isolate the companies you feel could "go belly up" and point out the specific cases where "working men might get hosed"...

...the 17 creditors in question are listed on page-13 of the bankruptcy document that can be accesses here:

https://drive.google.com/file/d/1_8BrC74ioh-w7c_46zg7M6ar3MUSu3F3/view

 

 

I didn't say they would. I said "if". It's certainly possible that some of those folks employed on that project end up getting laid off in cutbacks due to that project being cancelled. The one thing that stays constant in "it's just business" is that poo rolls downhill and "it's just business" only gets said by folks trying to feel better about themselves when knowingly fuging over others.

You literally embody MBA brain rot. It creates a really fuged up system of values because it only values immediate short term profit and executive compensation. It's why wages have stagnated for decades. It's why the wealth divide grows by the day. It's why so much of our production capabilities have been offshored. It's why executives cash huge bonus checks while the rank and file gets laid off in "restructures" that sometimes don't even cover those bonus checks.

[CRA]

52 minutes ago, SizzleBuzz said:

Nonsense.

I challenge you to parse the creditor list and isolate the companies you feel could "go belly up" and point out the specific cases where "working men might get hosed"...

...the 17 creditors in question are listed on page-13 of the bankruptcy document that can be accesses here:

https://drive.google.com/file/d/1_8BrC74ioh-w7c_46zg7M6ar3MUSu3F3/view

 

 

Sizzle gone from no one gets screwed to they won’t go belly up lol 

[CRA]

43 minutes ago, Tbe said:

No, the city will end up ordering him to take it down. Similar to what fort mill is doing to the old Bakker tower.

Could take years though.

Yeah, I assume Tepper will try to make some deal before the city could forces him to take it down.   That’s the next problem he will have to do deal with.  Small time one for him though I guess.

[SizzleBuzz]

21 minutes ago, CRA said:

Yeah, I assume Tepper will try to make some deal before the city could forces him to take it down.   That’s the next problem he will have to do deal with.  Small time one for him though I guess.

"The city" can't "force" Tepper to do anything...

...he owns the property and can do as he pleases.  

The "I want mine NOW" crowd needs to chill out...

...odds are good this will all ultimately get worked out .

[ForJimmy]

6 minutes ago, SizzleBuzz said:

"The city" can't "force" Tepper to do anything...

...he owns the property and can do as he pleases.  

The "I want mine NOW" crowd needs to chill out...

...odds are good this will all ultimately get worked out .

If you own a property in a city you can do with it as you please??? You really believe that?  I know cities/counties where if the grass grows over a certain limit they will fine you, cut it and bill you.  Cities certainly have rules/regulations that property owners have to abide by.  There are parts of where I live were buildings must be brick and signs can't be over 20 feet high despite who owns it.  

[ForJimmy]

39 minutes ago, CRA said:

Sizzle gone from no one gets to screwed to they won’t go belly up lol 

The struggle is real.  He so desperately wants to be the smartest guy in the room, but it's usually the opposite...

[CRA]

23 minutes ago, SizzleBuzz said:

"The city" can't "force" Tepper to do anything...

...he owns the property and can do as he pleases.  

The "I want mine NOW" crowd needs to chill out...

...odds are good this will all ultimately get worked out .

That was the question asked.  So your answer is Tepper can simply leave up the current abandoned structure as is? 

I mean there are generally all sorts of codes and laws that deal with that.  Because it becomes a MASSIVE liability and problem for the community.   Generally, not a quick issue that is resolved but I would assume a resolution to the current state would eventually be forced.  It’s like you have created Tepper into this very unique entity where nothing matters. 

hence why I said in the post I he will likely try to make a deal of some sort with someone.  He owns the property.  Now there is a problematic structure on it.   Biggest problem is it isn’t really the start of something someone there could easily take over and put to use (unique design and obviously cost)

[Mr. Scot]

58 minutes ago, LinvilleGorge said:

You literally embody MBA brain rot...

... without the MBA.

(or any other degree)

[Anybodyhome]

1 hour ago, CRA said:

So, can you just leave an abandoned structure of that nature up?   

Well, if the parcel is owned by same real estate holding company that's filing bankruptcy, the city will have to initiate a legal notice ordering the property owner to remove it as a public nuisance. And because of the bankruptcy, the property owner probably won't comply with the order to remove it, so it will fall on the shoulders of the taxpayers as the city will have to contract someone to tear it down.

The cost of the tear down then becomes due and payable by the property owner to the city and if that bill isn't paid, it becomes a lien against the property. The city then goes to court with a lien foreclosure on the property and takes ownership of it.

 

[SizzleBuzz]

23 minutes ago, CRA said:

That was the question asked.  So your answer is Tepper can simply leave up the current abandoned structure as is? 

I mean there are generally all sorts of codes and laws that deal with that.  Because it becomes a MASSIVE liability and problem for the community.   Generally, not a quick issue that is resolved but I would assume a resolution to the current state would eventually be forced.  It’s like you have created Tepper into this very unique entity where nothing matters. 

hence why I said in the post I he will likely try to make a deal of some sort with someone.  He owns the property.  Now there is a problematic structure on it.   Biggest problem is it isn’t really the start of something someone there could easily take over and put to use (unique design and obviously cost)

What do you predict will happen?

[SizzleBuzz]

10 minutes ago, Mr. Scot said:

... without the MBA.

(or any other degree)

What are your academic credentials?

I'd stack mine up against yours any day pal ...

[Anybodyhome]

38 minutes ago, SizzleBuzz said:

"The city" can't "force" Tepper to do anything...

...he owns the property and can do as he pleases.  

The "I want mine NOW" crowd needs to chill out...

...odds are good this will all ultimately get worked out .

 

28 minutes ago, ForJimmy said:

If you own a property in a city you can do with it as you please??? You really believe that?  I know cities/counties where if the grass grows over a certain limit they will fine you, cut it and bill you.  Cities certainly have rules/regulations that property owners have to abide by.  There are parts of where I live were buildings must be brick and signs can't be over 20 feet high despite who owns it.  

Hi there, I'm the code enforcement administrator for a mid-size municipality here in NC. Every city and town in the state has a set of local ordinances that regulate everything from grass height to noise ordinances to public nuisances to parking to nuisance vehicles. It's called zoning, planning, code enforcement, etc. 

I'm the guy responsible for ensuring the proper legal notices are issued and nuisance abatement by our contractors is done properly and providing all the information to the accounting folks so they can properly bill the property owner. I have 5 inspectors who each have an assigned area within the city and they issue notices on a daily basis for this kind of crap.