Overcast

Roanoke Rapids, NC

64°F

Overcast

Humidity: 100%

Wind: N at 0 mph

Banner

Wednesday, 01 February 2012 22:14

Dunlow confirms he and Gatling in negotiations


Rate this item
(1 Vote)
Dunlow confirms he and Gatling in negotiations

Roanoke Rapids land developer Michael Dunlow confirmed this afternoon that he and Chicago businessman Lafayette Gatling are negotiating a deal for Gatling to buy land around the Roanoke Rapids Theatre.

Dunlow declined to go into specifics but said he and Gatling have been going back and forth on the details for quite some time. “I would say Mr. Gatling is very serious and it's a go,” the developer said of Gatling's plan to not only buy the theater but land surrounding it. “He's got a bigger picture than just the theater. He wants to make sure everything is right.”

The confirmation today may explain why city officials remain confident Gatling intends to buy the theater.

City officials see the agreement as way to get out of the strangling debt the theater has caused and ease the burdens it may create in the upcoming fiscal year.

Read 1431 times
Published in News from Roanoke Rapids, Weldon and Halifax County
Tagged under
Social sharing
Lance Martin

Lance Martin

E-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it

Latest from Lance Martin

Related items (by tag)

More in this category: « Roanoke Rapids police investigate I-95 crash Woman dies in Thelma Road crash »

comments  

 
+14 #3 Concerned Again? 2012-02-02 22:55
Wow! The very person that started this whole mess is back in it. He promised all kinds of stuff for the city and made out like a bandit for awhile. Michael please leave well enough alone. Don't try and fix the problem just go away.
Quote
 
 
+12 #2 Frank 2012-02-02 18:20
I think it is ridiculous the situation this city is in with all this. All the good that money could have done and now its all wasted.
Quote
 
 
+13 #1 Michael 2012-02-02 03:27
Maybe we'd all have a little more faith in the reality of this if there was a large non-refundable deposit on hand? Right now all we get are assurances from some very shady and suspect sources.
Quote
 

Add comment

All comments posted on rrspin.com must be written in complete sentences with no text message abbreviations. No all caps comments will be allowed, that includes words written in capital letters for emphasis.

There is to be no profanity and there is to be no character assassination even if the person being written about is a suspect in a crime.
Comments that presume knowledge of a person’s home life, financial situation or other personal details will be not be posted as will comments which presume legal knowledge.

All comments must be on the topic of the story and offer the reader’s insight on a particular issue. rrspin.com will cease posting comments if the editor determines readers are infighting with one another and not staying on the topic of a story.

rrspin.com prefers readers use their real names because anonymous posters are accountable for their comments just as readers who post their names are.


Security code
Refresh

back to top