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Author Archives: Caitlin Coakley, staff writer

Update expected on NASCAR Hall of Fame

An update on the NASCAR Hall of Fame will be presented at Charlotte City Council’s Monday night meeting. The update will focus on the hall’s finances and attendance projections, partnership plans and the Charlotte Regional Visitors Authority’s oversight of the ...

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Neighborhoods brace for loss of libraries, schools, rec centers (access required)

Thanks to budget shortfalls, Mecklenburg County facilities, such as recreation centers, libraries and schools, have found themselves on the chopping block. In some neighborhoods, though, the impact is worse than in others. Some communities are losing multiple facilities, which could ...

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County gets clean audit

Mecklenburg County’s audit has come back clean. Raleigh-based accounting firm Cherry Bekaert and Holland conducted the audit, which included an examination of 16 federal programs overseen by the county. Still, the firm raised concerns about missing paperwork in five of ...

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$6.5M in bonds approved for building rehab

Although they hesitated, the Mecklenburg County Board of Commissioners approved granting up to $6.48 million in federal Recovery Zone Facility Bonds to Red City Properties Tuesday. But first, commissioners questioned whether their approval of the funding could entangle the board in an ongoing lawsuit ...

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Commissioners up fines for air-quality violations

It just got more expensive to violate Mecklenburg County’s air-quality laws. On Tuesday, the Mecklenburg County Board of Commissioners approved revisions to its air-quality ordinance, raising the maximum penalty for a violation from $10,000 per day to $25,000 per day, a measure ...

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Cuts being considered for Blue Line

Based on recommendations from a financial consultant for the Charlotte Area Transit System, the planned Blue Line light-rail extension may be trimmed to make it more affordable. On Wednesday, Jeff Parker suggested to the Metropolitan Transit Commission that if CATS could find ways to cut ...

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Bank of Granite posts $4.3M 3Q loss

Bank of Granite Corp. posted a $4.3 million loss in the third quarter of 2010, up from $3.7 million during the same quarter in 2009. The Granite Falls-based bank’s stock, which has fallen below $1 for more than 30 consecutive ...

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