Kannapolis buys more property
The vacant K-Town Furniture building in Kannapolis. The City of Kannapolis is buying the property in a move to gain more control over the development of the downtown area.
Posted: Saturday, June 20, 2015 1:25 pm
The Independent Tribune
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Posted on Jun 20, 2015
KANNAPOLIS, N.C. — In an effort to revitalize downtown and attract private investment, Kannapolis City Council is discussing the creation of a municipal service district.
Also known as a business improvement district, the effort would allow officials to pursue special obligation bonds for revitalization efforts and could eventually allow the city to generate additional tax revenue.
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Saturday, June 20, 2015 1:25 pm.
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