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Gaston County EDC outlines options for 38-acre Wilkinson/Lakewood site as residents urge parkland
Summary
At a Sept. 16 Town of Cramerton meeting, Gaston County Economic Development Corp. (EDC) staff described market and legal limits on roughly 38 acres at Wilkinson Boulevard and Lakewood Road; residents urged preservation and the town agreed to continue talks with the county and developers and consider a public workshop.
Donny Hicks of the Gaston County Economic Development Corp. told the Town of Cramerton Board of Commissioners on Sept. 16 that roughly 38 acres the county holds near Wilkinson Boulevard and Lakewood Road could be marketed to developers but faces significant constraints because it was acquired with school bond proceeds and portions of the site are undevelopable.
Hicks said parts of the parcel are limited by floodplain, a gas line and Duke Energy transmission easements. He said the county’s legal obligations tied to the school bond and oversight by the Local Government Commission limit how the land may be conveyed and that the county is required to recoup funds to pay debt service. “We are not in the business to lose money on a land sale that debt service is…
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