CHARLOTTE, N.C. - Local governments are considering whether to help Carowinds by giving more than $900,000 in incentives to the corporate owner of the theme park that straddles the North Carolina-South Carolina border.
The Charlotte City Council is scheduled to vote Monday on whether to give Cedar Fair Entertainment about $330,000 over the next three years. Mecklenburg County is considering a contribution of just under $600,000.
The money equals a tax break for Carowinds on the property taxes it would pay once an expansion is completed. The city has used the tax break for relocations or expansions of other businesses.
Carowinds hasn't threatened to move the park. But city economic developer Brad Richardson says the corporate owner was thinking about expanding either Carowinds or King's Dominion in Virginia.
- Updated Amanda Knox documentary takes media to task
- Updated Obama waits impatiently for Bill Clinton on Air Force One
- Ryder Cup: Europe cuts US lead on opening day at Hazeltine
- Wells Fargo made me work overtime -- without extra pay
- Rangers officially complete purchase of Kinston franchise from Minor League Baseball