The Wake County school system stands to get less than half of the $500,000 it was supposed to receive from disgraced former House Speaker Jim Black for turning over land in Matthews to pay the fine for his state corruption conviction.
Black was allowed in 2009 to turn over 9.5 acres near Charlotte to the school system to settle half of the $1 million fine he was assessed in his state corruption case. On Tuesday, the school board will vote on selling the land to the Town of Matthews for $295,427.
If approved, the school system would get $241,127 with the State Board of Elections receiving $54,300. Read more here.
Comments
Maybe if the embarassment of
January 7, 2012 - 12:32pm — NotaliberalMaybe if the embarassment of a school board would quit playing politics and acting like a bunch of spoiled children and tend to the actual business this would not have happended. The property was worth more in 2009, why did they not sell then? It is worth less now, why don't they hold on to it until land values increase? More ado about nothing.
Democrats
January 7, 2012 - 6:16am — KingixolibThe corruption just never stops, does it?