Governor Pat McCrory was all smiles in January when he announced his administration had reached a $52 million dollar deal to sell the Dorothea Dix campus to the City of Raleigh.
Now Senate Bill 705 (Ensure Fair Sale of Dorothea Dix Property) threatens to upend the governor’s real estate deal.
The bill filed by Republican Senators Louis Pate, Ralph Hise and Tommy Tucker terminates the earlier contract with Raleigh and calls for the minimum acceptable bid to be set at $52 million.
Click below to watch Gov. McCrory announce the Dix park sale earlier this year. To read Senate Bill 705, click here.