Do over: Dix Campus Lease

From Wral.com:

A trio of senators has filed a bill to wipe away the lease of the Dorothea Dix site inked by Gov. Bev Perdue on her way out of office, throwing into limbo a plan that would turn the central Raleigh campus into a park.

"The 325-acre campus is home to a former mental hospital and many of the administrative offices for the Department of Health and Human Services. Under the terms of the Perdue-signed deal, the city would lease the property from the state for the development of a "destination park." Plans at the time of the deal called for DHHS to move off the property to another office complex.

Republicans objected at the time the deal was announced, saying the state should look at using the campus for its own purposes..."
Read more here: http://www.wral.com/bill-would-clean-slate-on-dix-deal/12221685/
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Surpising news from the NC General Assembly today. I know the Senators have the votes to pass this and probably the House GOP does, too. But would such an action stand up in court?

Comments

This move will undermine all

This move will undermine all Republican attempts to draw businesses to this state; if contracts here in NC are not valid, and can be undone, at will, on a whim, by the state legislature, who will want to do business here?? How can anyone trust that any contract they sign will be considered valid a year from now?? How long will it be before wealthy patrons of the Republicans in the General Assemby pay to have the legislature get them out of a personal contract? No one will be safe once this precedent is set. How much will it cost once the lawsuits are done? Probably much more than any 'increased rent' they expect to get from anyone renting that land. This is foolishness and will hurt the business atmosphere of the entire state.

I'm not so sure about that

"This move will undermine all Republican attempts to draw businesses to this state; if contracts here in NC are not valid, and can be undone, at will, on a whim, by the state legislature, who will want to do business here??"

I doubt businesses looking to move to NC will even hear anything about this long, long running political bouncy ball. And I doubt very seriously that any business looking to move to NC would take the months of reading to understand what this is all about. Wouldn't you think they would have other things on their minds? Incentives? Tax exemptions? Water rate guarantees? Golf courses in the area? Fracking sites nearby?

For example, Dell probably would have had little concern with the Dix property. The Dell contracts got invalid and were undone quite quickly when they, at will, on a whim, left the state.