Tagged: City of Charlotte

City leaders believe Charlotte has a shortage of housing that's affordable to families making less than $54,000 a year. Monday night, the city council is expected to approve a new zoning ordinance aimed at changing that. WFAE's Julie Rose reports:

The Carolina Panthers say their 17- year old stadium needs an upgrade and they want taxpayers to pitch in. City of Charlotte officials are busy negotiating behind closed doors to come up with as much as half of the $250 million renovation.  They're reportedly looking at doubling the city's tax on prepared foods, such as meals in restaurants. That's not the only local tax Charlotte has used to fund big projects in the past. We asked WFAE's Julie Rose to sort out the sales taxes Charlotte has access to, as this debate over upgrading Bank of America stadium unfolds. 

Mayor Anthony Foxx says the city needs to focus on getting the streetcar and nearly $1 billion capital budget plan approved in order to create more economic opportunities and see Charlotte grow in the future. He spoke at the City Council chamber on Monday morning in an annual state of the city address.

The Charlotte Knights baseball stadium now under construction Uptown nearly didn't happen because of Jerry Reese.  He's a local attorney who filed a series of lawsuits to block the stadium deal just as the recession hit and funding for the project became harder to find. Reese has now agreed stop fighting the stadium in court. 

Jerry Reese is not against having a baseball stadium Uptown – he just thinks it should be for a Major League team, rather than a Minor League one like the Charlotte Knights.