Next week, City Council will vote on whether to put down a refundable $500,000 deposit and enter a 120-day period to consider the pros and cons of the purchase. Officials say the purchase is a bargain based on the appraised value of the property although there are also potential drawbacks.
The Greater Wilmington Business Journal booked George Taylor Jr. for its Power Breakfast series, eager to offer a rare chance for attendees and the public to hear directly the Tru Colors CEO’s account of the brewery’s closure and the end of its at-times controversial social mission. In an unmoderated appearance that provided no opportunity for questions, Taylor blamed news reporting for his company’s failure and called on business and community leaders to ‘be skeptical of the media.’