Here's a name you'll probably get used to while Governor Pat McCrory is in office: The Foundation for North Carolina. It's a nonprofit but not in the traditional sense. It's a political group with close ties to McCrory that was created after his election.
The City Council decided the fate of the Carolina Theatre Monday night, awarding it to the non-profit Foundation for the Carolinas for $1, over a competing, half-million dollar bid. The historic venue has fallen into disrepair since closing in the 1970s, but its sits on prime Uptown real estate.