• 36°

Another bid for raceway

Staff report
A Kannapolis attorney has submitted the latest upset bid for High Rock Properties, the 200-acre site of a proposed world-class race course.
Reggie Smith, an attorney for an undisclosed client, filed a bid of $3,050 before the 5 p.m. Monday deadline passed.
The previous high bid was $2,300 from Donald Rand, a principle in Spinnaker Grading Co. Rand’s company did grading on the site. Frank McGuire, whose family has controlling interest in High Rock Properties, has identified Rand as a partner in a new venture to build the track.
A Post report on Dec. 16 erroneously reported the bid had reached $3,100. It stood at $2,300 prior to the latest bid.
The current bid will stand if someone doesn’t put in a bid with a 5 percent increase by 5 p.m. on Dec. 28.
The sale is being conducted under court order. Anthony M. Flores, a Greensboro veterinarian who put down a $25,000 deposit on club membership and the right to purchase a townhouse, went to court and obtained a judgment, when High Rock Properties refused to return his payment.
Whoever ends up with the winning bid will get 200 acres along the Yadkin River along with an estimated $4.5 million in liens and encumbrances.

Comments

Comments closed.

Coronavirus

State to vaccinate medically vulnerable starting March 24

Coronavirus

One new death, 20 new COVID-19 positives reported in Rowan

Kannapolis

Kannapolis man dies in moped crash

Crime

Salisbury Police chief addresses K-9 video, says officer separated from animal

Local

Rowan Rescue Squad sets record straight on fundraising typo

Local

City approves DOT agreement, Salisbury Station project could begin next year

Local

County plans to use vulture effigy, enforce violations to remedy animal carcass feeding problem

Education

Two weeks after ending enhanced protocols, Catawba has no COVID-19 cases

News

Council to hear revised version of Downtown Main Street Plan

Local

Veto override of NC school reopening bill fails in Senate

News

Political Notebook: Majority of likely voters, local legislators support school reopening bill

Coronavirus

COVID-19 vaccinations in Rowan top positives since start of pandemic

Crime

Man faces drug charges after breaking and entering call

Lifestyle

Waterworks schedules 2021 Summer ARTventures

Crime

Blotter: Man faces drug charges after being found passed out in vehicle

Ask Us

Ask Us: What programs exist for litter cleanup?

Business

County begins accepting restaurant grant applications

Crime

Blotter: Salisbury man charged with nine more felony sex offenses

Nation/World

Biden team readies wider economic package after virus relief

Nation/World

Spacewalking astronauts prep station for new solar wings

Nation/World

Cuomo sorry for remarks aide ‘misinterpreted’ as harassment

Nation/World

Trump calls for GOP unity, repeats lies about election loss

Education

Rowan County administers 700 vaccines, with majority going to local educators

Crime

Shoplifting at Walmart presents challenge for Salisbury police