Sunday, July 17, 2011

Dan Lynch, Richard Beard, Crony Capitalism, "Incentives" and Taxpayer Money

"Numerous sources say Honda Aircraft will ask the city and county
for an undetermined incentives package
as the company prepares to begin production of the long-awaited HondaJet next year.

“In this economy, anybody that is creating new jobs and new investment
...we need to encourage that,” said Richard Beard,
a partner in ...a commercial real estate firm.

“We cannot continue to hide behind the 'they’re-coming-anyway’ mentality.

“Plenty of communities are taking the opposite approach.

They welcome any increase in jobs or tax base, whether it is an existing or new company.”

Is this the same Richard Beard who profited greatly from the AMEX Data Center
marketed by the Greensboro Economic Development Alliance
right before AMEX fired about 1,500?

“This is one of our crown jewels for the future,” Beard said.

“This is something we can grow around as a community.”

Beard anticipates that Honda wants to do more than grow its employment base.

“When somebody says they are going to expand,
I think of jobs and capital investment,” Beard said, “but it could be just jobs.”

In 2007, when Honda broke ground on its world headquarters
at Piedmont Triad International Airport, state and local governments
offered the company an incentives package worth about $8 million.

The Greensboro City Council and the Guilford County Board of Commissioners
have executive sessions scheduled on Tuesday and Thursday, respectively.

Dan Lynch, president of the Greensboro Economic Development Alliance,
declined to talk about the purpose of the executive session.

Is this the same Dan Lynch who showed a number of undisclosed locations to AMEX
before AMEX "decided" to buy Richard Beard and Roy Carroll's properties
right after both donated to Linda Shaw's commissioner campaign
which was filed late after the election?

Roy Carroll and Richard Beard Contributors

The prospect of an incentives requests for the city and county
has been in the works for more than a month.

Both local governments announced executive sessions for June
to consider an economic development matter.


Tom Terrell on the Solar Farm Deal: Are Skip Alston and Dan Lynch
getting rolled by out of town carpetbaggers on the Solar Farm?

1 comment:

Roch101 said...

Did the Amex data center receive public incentives?