Multi-million dollar settlement reached with Tepper company from botched Panthers project, York Coun

The York County, South Carolina government has announced a resolution on a settlement with a David Tepper-owned company in the fallout of the failed building project that would have seen the Carolina Panthers headquartered in the city of Rock Hill.

In a news release shared Wednesday evening, York County said it would receive $21,165,000 from an affiliate of GT Real Estate (GTRE). That amount has been held in escrow since July 2022 as both York County and GTRE worked to reach the settlement.

The county’s statement said the receipt of the funds would be “in full and final satisfaction and discharge” of all claims York County had against the company, Tepper, and other related entities. Additionally, York County will withdraw any allegations that any Tepper-linked party involved in its suit violated the Pennies for Progress statute or C-Fund statute, or engaged in any other wrongdoing regarding the payment.

READ MORE: https://www.wcnc.com/article/sports/nfl/panthers/gt-real-estate-york-county-settlement-money/275-9ce2c04c-5713-4961-85bc-f5fa08f57c24

Charlotte North Carolina – A Great Place to Live and Work

Charlotte North Carolina|Charlotte North Carolina

Charlotte North Carolina – A Great Place to Live and Work

Located in Mecklenburg County, Charlotte, North Carolina is a large city. It is a great place to live and work. The city is home to several major sports teams.

The Charlotte Hornets of the National Basketball Association and the Carolina Panthers of the NFL are two of the teams in the area. Charlotte is also home to NASCAR teams like Stewart-Haas Racing and Hendrick Motorsports.

The city is also home to the Charlotte Motor Speedway and Uptown district. The Uptown area is home to many popular restaurants and museums. It is a lively neighborhood with a fast paced feel.

The Uptown area is also home to the NASCAR Hall of Fame. This attraction is one of the most visited attractions in the area. It features interactive exhibits and films.

The Charlotte area has a mild climate. Summers can be hot, but nights are cool. Charlotte has many outdoor activities and is a great spot for winter sports enthusiasts.

The Charlotte region has a diverse culture. It’s home to several cultural organizations that produce 65,000 events a year. These groups produce arts education programs and produce neighborhood festivals.

The Charlotte area has a high number of top rated schools. Children can attend neighborhood schools or charter schools. In addition, low income students can take advantage of scholarship funding to attend private schools.

The Uptown area is home to some of the best restaurants and museums in the area. It also offers an exciting banking scene. It is also home to Central Piedmont Community College.

Leave a Comment