Out of Touch Wilmington City Council Approves $70 Million Financing for Purchase of Thermo Fisher Campus
A 1.5 cent per dollar increase in the local sales tax will pay for the unneeded luxury office space
Wilmington - The Wilmington City Council approved $70 million in financing on Tuesday night (4/18/2023) to purchase the downtown Thermo Fisher campus. The agreement would impose a 1.5 cent per dollar increase on the local sales tax to complete the building puirchase. The vote was unanimous, with Republicans Luke Waddell, Charlie Rivenbark, and Neil Anderson all voting for the building fiancaing and the sales tax increase.