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@businesstodaync

February 2019 Published monthly

YEARS

Business Intelligence for the Golden Crescent: Lake Norman • Cabarrus • University City

. Volume 17, Number 11 $1.50

Who’ll pay for coal ash clean-up?

Commissioner Michael Miltich speaks at forum

Concord Concord Regional Regional Airport Airport on on the the up up and and up up Ecomonic Output

$821 million

Total Jobs

4,500

State and local tax revenue

$30 million

Personal income generated

$191 million

Airport budget

$10.8 million

City employees

40+ Source: NCDOT Division of Aviation

BY ERICA BATTEN Among many other hot-button issues, education is the top priority for local legislators. Newly-elected state Rep. Christy Clark and Sen. Natasha Marcus were part of the Democratic blue wave that swept the North Carolina legislature in November. Both women represent Cornelius in the legislature. Clark is a Huntersville resident, and Marcus lives in Davidson. Both Clark and Marcus spoke at the January Newsmakers Breakfast hosted by “Business Today.” Clark replaced former Cornelius Town Commissioner John Bradford in the NC House of Representatives and Marcus replaced former Cornelius Mayor Jeff See Legislators page 12

RECORDS Mecklenburg

Cabarrus

Transactions

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Transactions

Foreclosures

Page 18

New Corporations

Page 18

Iredell Page 16

Transactions

Foreclosures

Page 18

Foreclosures

Page 18

New Corporations

Page 19

New Corporations

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NEW: Denver New Business listings...Page 19

www.businesstodaync.com

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PRSRT STD US POSTAGE PAID WINSTON-SALEM, NC PERMIT NO. 319

See Meetings page 8

See Coal Story page 22

NC legislators outline 2019 challenges

DATED NEWS - POSTMASTER PLEASE DELIVER BY 2/1

If you can’t stand meetings, you’re not alone. Most people confess they daydream during office meetings or do work that has nothing to do with the, uh, business or lack of business at hand. This amounts to millions and millions of people every day in America who are not in the zone when their managers think they are. Fact: There are 55 million business meetings a day, according to UNCCharlotte Professor Steven Rogelberg. Kidding: At any given time everyone in America is in a meeting. Fact: It defo feels that way sometimes. Imagine the drain on U.S. productivity if 90 percent of those who attend those 55 million daily meetings admit they’re daydreaming. In “The Surprising Science of Meetings,” (Oxford University Press, $24.95) Rogelberg, director of

BY ERICA BATTEN Officials from the North Carolina Department of Environmental Quality spent much of January traveling to areas of the state where Duke Energy operates coal-fired electric plants. The

Business Today P.O. Box 2062 Cornelius, NC 28031

We meet 23 hours a week, but how many are wasted?

DEQ hosted six public meetings to inform residents about cleanup options for coal ash ponds at the sites and to collect comments from the public. And while the overwhelming concern was about the health impacts of coal ash disposal, there was an undercurrent of concern about the economic implications: Who pays for the clean up? “I came here to speak my mind about Duke Power,” said John Babilon, who has lived in Catawba, a small town on the Catawba River about 12 miles north of Marshall Steam Station, since 1991. “Any business that has expenses should pay it out of their earnings.” Charles Knox, a commercial Realtor


Business Today

2 February 2019

Meck Tax Assessor Ken Joyner is Newsmakers speaker Feb. 20 Ken Joyner, the Mecklenburg County Assessor, will be the Newsmakers Breakfast speaker Feb. 20 at The Peninsula Club hosted by Cornelius Today and Business Ken Joyner Today. Joyner is responsible for the assessment of all real and personal property in Cornelius and throughout the county. He is also responsible for the monumental revaluation of more than 360,000 tax parcels in Mecklenburg, as well as the processes around ap-

pealing valuations. The open forum Q&A with Cornelius Today and Business Today readers includes a full country breakfast. The cost to attend is $12. Doors open at 7:15 a.m. for networking. The buffet-style breakfast gets under way at 7:30 a.m. The Q&A begins at 8 a.m. and concludes at 9 a.m. sharp. The $12 cost includes a full country breakfast. Reserve a seat at 704-895-1335 with Visa or MasterCard. The Presenting Sponsor is The McIntosh Law Firm, based in Davidson. The Breakfast Sponsors are Irwin Law Group and Dixie Dean & Christina Stone. Coffee Sponsors include Davidson Wealth Management, Hood Hargett and Associates and Aquesta Bank.

Volume of businesses sold hit a record high in 2018

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For the third year in a row, a record number of small businesses changed hands, according to the BizBuySell Insight Report, which aggregates statistics from sale transactions reported by business brokers nationwide. A total of 10,312 businesses were sold in 2018, the most since BizBuySell start collecting such data in 2007. In Charlotte, the median asking price of businesses for sale at year-end was $425,000 compared to $430,000 in December of 2017. Businesses listed in Charlotte at year-end had a median revenue of $777,015 down from $803,655 at the

same time in 2017. Median cash flow for Charlotte businesses was $186,152 vs. $188,777 last year. The number of businesses sold represents a 4 percent increase over the previous record of 9,919 in 2017 and a 31 percent jump from 2016’s then-high of 7,842 “The market is still very strong for small business sales in our area, however there are many uncertainties that are starting to put downward pressure on pricing,” said Joe Vagnone, owner of Enlign Business Brokers.

O’Hara gets SCORE top volunteer award The National SCORE office in Washington, D. C. has presented SCORE Charlotte Chapter’s Mike O’Hara with its Platinum Leadership Award and Certificate. The Award was given for his 14 year record of leadership and service to SCORE. He was Charlotte chapter president from 2006-2008, heading numerous chapter committees including new member and marketing and serving as vice chairman along with

numerous other chapter assignment. The Davidson resident was also the 2012 recipient of the pretigious “Dick O’Brien Award,” SCORE Charlotte’s top recogni-O’Hara tion of a chapter member for volunteer service.


Business Today

February 2019

Lynx Red Line Rail System. Credit: LynxCharlotte.com

The Red Line is the Dead Line BY DAVE VIESER For well over a decade, transportation and planning officials have been hoping that a commuter rail line to North Mecklenburg and southern Iredell would become a reality. Mixeduse developments such as Antiquity in Cornelius and Bryton Town Center in Huntersville were built with the expectation that commuter rail would eventually whisk workers to and from Charlotte. However, Norfolk Southern Rail Road, which owns the right of way, has made it clear it wanted no part of sharing their route with passenger rail and has refused to negotiate. It appears that planners from CATS, the Charlotte Area Transportation System, have finally accepted the inevitable: For the indeterminate future, the Red Line is dead. “Norfolk Southern has refused to consider passenger service on its rails along the 30-mile corridor. Until this changes, delivering commuter rail in the north corridor will be difficult to do,” said CATS planner Jason Lawrence. “There’s no current path forward.” Instead of pursuing the rail line CATS will focus their resources on providing additional express buses on the new I 77 toll lanes, and eventually expanding their service into a bus rapid transit (BRT) network. Local officials had a wide range of reaction. “I’m disappointed but not surprised” said Huntersville Mayor John Aneralla. “Disappointed that CATS went ahead and spent thousands of dollars on a rail study with a pre-determined outcome...a study which several of the towns up our way had opposed. That money could have been used for bus system amenities such as better bus stops and shelters.” CATS spent $3.2 million on a LYNX Red Line/North Corridor Study to analyze alternative commuter rail routes. There weren’t any reasonable options, an outcome Aneralla predicted.

Davidson Mayor Rusty Knox also said it was time for CATS to accept the obvious. “We want the convenience of rail, but in order to achieve this, we would have to double track from Mooresville to Charlotte. This scenario would displace many residents and businesses. We have a defined corridor that bisects our three northern communities. Why not use that corridor for true Bus Rapid Transit. The costs are probably a tenth of rail and could be achieved in the established corridor.” Cornelius officials also support bus rapid transit. “It would provide a mass transit option at a fraction of the cost of commuter rail,” said Commissioner Kurt Naas. “This is a sensible use of transit tax dollars. However, claiming BRT is a benefit of the private toll lanes is a mistake because BRT can be accomplished with an HOV lane. We don’t need—and still do not want—50 years of private toll lanes.” Meanwhile if CATS is considering the possibility of asking for more money from local residents via an increase in the transit tax, that’s a long shot according to former Mecklenburg Commissioner Jim Puckett. “The citizens of North Mecklenburg have been paying a half-cent transit tax for over a decade for a train that will never come and now get to pay up to a $25 toll to build a road for the “opportunity” to pay for future rapid bus transit fares. Speaking for me – and I suspect over 100,000 others – don’t come looking for more,” Puckett said. Davidson’s Knox feels there still may be an opportunity for the acquisition of Norfolk Southern Line. “I would like to see Mecklenburg, Iredell, Mooresville, Davidson, Cornelius and Huntersville acquire this corridor from Norfolk Southern, a corridor that is basically abandoned at this time, figure out what the widget is that helps Norfolk Southern and the N.C. Railway work together and solve one of the most challenging issues we face.”

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Business Today Business Person of the Year: Mike Griffin, second from right, received the award from Bill Russell, CEO of the Lake Norman Chamber, far left. With them are Louise Cashion, the wife of the late Robert Cashion, for whom the award is named, and Joshua Dobi, the 2018 chair of the chamber.

4 February 2019

RCCC president is Community College president of the year Dr. Carol S. Spalding, president of Rowan-Cabarrus Community College, has been named President of the Year for 2019 by the North Carolina State Board of Community Colleges. She is the first leader in Rowan-Cabarrus history to receive Spalding the honor. The award recognizes outstanding leadership and commitment to the community college mission among the presidents of the 58 institutions of the North Carolina Community College System.

Carl M. Short, chair of the RowanCabarrus Community College Board of Trustees, said Spalding has embraced innovation and strong partnerships as well as the business proposition of a community college. Spalding is credited with growing the college’s continuing education and training programs, and facilitating a group of community leaders to align and leverage economic development efforts in Rowan and Cabarrus. RCCC has an emphasis on workforce education and development. It is North Carolina’s leader in firefighter continuing education and certification as well as a National Center of Academic Excellence in Cyber Defense Two-Year Education.

LKN Chamber honors top achievers for 2018 The Lake Norman Chamber of Commerce named Mike Griffin, one of the principals of the Griffin Brothers Cos., based in Cornelius, the Businessperson of the Year. The company, which began in the tire business almost 60 years ago, is now involved in commercial real estate, waste management and, more recently, ZoomUp Consulting Services. The Griffin family sold the tire business an Alabama company in 2016 for an undisclosed amount. It was an icon in Charlotte business, with 10 locations. The company dates back to 1961 when Larry Griffin Sr. opened the first tire store. Griffin choked up when he talked about his mother’s influence on his own life. The 2018 Entrepreneur of the Year award was given to Joe Douglas of Captiva Restaurant Group, which launched in Cornelius in 2004 with 131 Main, an upscale, chef-driven restaurant concept with locations in Asheville, Blakeney, Cornelius and SouthPark. Douglas, who also opened the Cowboy restaurant on Hwy. 21 in Cornelius, employs more than 400 people, serving some 60,000 customers every month. Margi Kyle, founder of Little Smiles, received the Duke Citizenship & Service Award from John Crutchfield, director of public safety and recreation strategy planning services at Duke. Little Smiles helped serve 5,300 sick children in our area this past year. As an unpaid volunteer and director of the organization, she provides toys, electronic devices, birthday parties and whatever is needed to bring a smile to the face of a sick child. Dr. John Powderly received the Community Service Award recipient

for 2018. He founded Carolina BioOncology Institute, the only independent Phase I Cancer Clinic plus human application lab in the United States. Over the last 13 years, the Huntersville clinic has provided access to cutting-edge cancer treatment for some 3,000 patients through 80 clinical trials. Powderly’s research on early phase immunotherapy research has led to over 100 publications. “My goal was and remains to provide cancer patients access to the latest immunotherapy trials in a warm and caring environment. We are the only independent Phase I cancer research clinic in the US and work with multiple, leading biotech partners to develop equipment and processes for the future,” Powderly said. He and his wife sold their dream home to launch the clinic. The chamber also recognized Charles Knox Jr., of The Knox Group in Huntersville with the Scott Hinkle Servant Leadership Award named for the late Chamber Board Chair Scott Hinkle. The award is presented to an individual who has made a lasting impact on the Lake Norman region. Knox was board chair in 2000 and served as cochair of the Regional Roads Committee. He has been a member of the N.C. Highway 73 Council of Planning since 2005. Outgoing chamber board chairman Joshua Dobi, CEO of North Main Financial Group in Cornelius, presided over the event, while Tricia Sisson, from the the Range at Lake Norman as well as Clorox, was installed as the 2019 chairwoman.


February 2019

5

Is N. Meck Alliance a ‘supper party with no supper?’ BY DAVE VIESER Analysis. It sounded good in theory: Create a regional transportation alliance for Huntersville, Cornelius and Davidson. Officials in both Cornelius and Huntersville liked the idea, so back in 2017 they withdrew their funding and membership in the Lake Norman Regional Transportation Commission (LNTC) to formally establish a new transportation group, known as the North Meck Alliance, designed to study, investigate and advocate transportation improvements in the Lake Norman area. Thunberg

impacting towns north of Cornelius, which, of course, cancelled its funding of the group which is headed up by former Mooresville Mayor Bill Thunberg. Some background: Both the mayor and the LNTC were strangely silent during the I-77 toll battle, alienating leaders in Huntersville and Cornelius. Regardless, neither the LNTC nor the North Meck Alliance have a vote on Charlotte Regional Transportation Planning Organization, the re-

gional planning board which holds the purse strings for transportation projects in and around Charlotte. Votes are distributed among the municipalities but Charlotte has super votes, giving it virtually veto-proof majority. In a way, they decide how good or bad our commute to and from work is. All eyes will be on the new Democratic legislators, Sen. Natasha Marcus and Rep. Christy Clark, who defeated Republicans John Bradford and Jeff Tarte in November. Though they tried hard, neither Brad-

ford nor Tarte had much luck in killing or amending the toll lane contract, so it remains to be seen whether members of Gov. Coopers own party will fare better. The Republican legislative majority is intact, but the super-majority was broken. Concurrently, the North Meck Alliance will continue to hold their monthly informal sessions, which are either “a useful dialogue on issues of concern to the region” or a “rudderless group meeting with no teeth.”

Only it didn’t happen that way. The Huntersville Town Board surprised neighboring officials and voted 4-3 against formally joining the North Meck Alliance. Huntersville Mayor John Aneralla said at the time town attorneys suggested a more formal structure through a Memoran- Anarella dum of Understanding. “But we don’t really need a formal structure. There’s no reason why we cannot meet each month informally and exchange ideas of regional concern. And it doesn’t have to be just transportation either,” Aneralla said. The alliance recently hosted a representative from Gov. Coopers office to discuss legislative initiatives. Key players in North Meck politics say the group has lost its focus—and clout. “I feel like the meetKnox ings have evolved into a supper party without supper,” said Cornelius Town Commissioner Kurt Naas, a well-regarded thought leader in the world of local transportation. “The idea held great promise but it hasn’t been realized.” Davidson Mayor Rusty Knox agreed, calling the North Meck Alliance “a non-starter.” Meanwhile, the LNTC chugs along, focusing on issues

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Business Today

6 February 2019

Cyber-security concerns delay new traffic system in Cornelius

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BY DAVE VIESER The new $548,000 Adaptive Signal Control Technology system (ASCT) on West Catawba Avenue in Cornelius has been delayed because of problems with network security. Hardware and cameras were installed weeks ago, but problems have arisen around NCDOT controls. The issue is that NCDOT has never had a third party connect to its computer network before, so there are security concerns. “This has been a day-for-day slip since October despite the fact the system is now completely installed,” said Town Commissioner Kurt Naas, a selftaught expert in the world of traffic and government. Cyber-security hacks of governmental and corporate websites are national—and local—news. Last year there was a major hack of the Mecklenburg County website, which virtually froze all web site transactions in county government for over a week. In January federal prosecutors announced they found an international stock-trading scheme that involved hacking into the Securities and Exchange Commission’s EDGAR filing system. The ASCT system uses analytic cameras to automatically adjust traffic signal times based on real-time traffic conditions. It may be several more weeks before the new system is fully up and running, but Naas and Town Manager Andrew Grant expect it to happen. Rhythm Engineering, the private sector designer of ASCT, has worked with state transportation departments in many other parts of the country, including South Carolina, Virginia and

Florida, so the issues with the NCDOT are a bit puzzling. “Several other states where this system has been installed have already solved that problem,” said Naas, who was primarily responsible for introducing the system into Cornelius. He said motorists will notice a big difference once it’s fully operational. “The traffic signals will not cycle like they used to. The system is designed to give green lights to the lanes that need them only for the amount of time necessary and then quickly move on to where the system sees the next highest demand.” That means the traffic signal patterns may be unpredictable and motorists will need to stay alert since the green lights will appear quicker than the time-based cycle currently in use. In addition to the cameras, diamondshaped radio transmitters have been installed on the side of the road at each of the seven signals, which allow the signals to literally “talk to each other” and establish the optimum flow for traffic. The goal of this pilot project is to reduce waiting times at each intersection, which will, in turn, improve travel times along this heavily traveled corridor. The seven signal locations along this section of West Catawba Avenue are not all that old, having been installed when the road was widened several years ago. The adaptive system will not replace, but rather enhance the existing signals. The town is paying $152,000 for the system, far less than the cost. NCDOT is contributing $161,000, while Rhythm is contributing $235,000 to help get a foothold in the North Carolina market.


February 2019

7


8 February 2019

Meetings continued from page 1

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Potter & Company Welcomes Todd Plyer and Associates Potter & Company, PA, a CPA and advisory firm, welcomes a new partner, as of January 1. Todd Plyler along with five other accounting professionals formally with Collins, Boike & Moore are joining the Potter team. Todd and his associates focus on serving closely-held businesses, including start-up and fast-track entrepreneurs. With the combined resources of both firms we will strive to better serve all of our clients. • Potter & Company recently announced the promotion of Ron Shuntich, CPA to Partner. Potter & Company, PA, a CPA and advisory firm, announces the promotion of Ron Shuntich to Partner in the Mooresville, NC office. • Potter & Company Announces the appointment of Jordan Hudson, CPA to the YOUNG CPA CABINET of the NCACPA Potter & Company, PA, a CPA and advisory firm, congratulates Jordan Hudson in his recent appointment to the Young CPA Cabinet of the NCACPA. • Potter & Company recently announced the return of Julie Freeland As Marketing Directer. We are pleased to announce that Julie Freeland has re joined Potter & Company as our Marketing Director. Julie has many years of experience in sales, graphic design and client relations.

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organizational science at UNCC, says meeting frustration abounds. The Washington Post recently listed his book at the No. 1 leadership book to watch for in 2019. Most meetings fail to engage us, or even worse, seriously disregard our time. “What is exciting is that even if we only make 20 percent of meetings 20 percent better, the cascading positive impact is tremendous,” Rogelberg says. Rogelberg has well over 100 publications and recently won Rogelberg the Humboldt Award for his research on meeting science. His work has been profiled in the Harvard Business Review, NPR and Scientific American Mind. “Meetings are where the team and the department come to life. Run well, meetings capitalize on the talents and diversity of department members. But done poorly, they only serve to waste time, increase frustration, and drain energy,” he said. It’s not always the meeting leader’s fault. Some participants fail to engage. Others inadvertently—or not—disregard participants’ time. Rogelberg surveyed more than 5,000 employees across a range of industries, gleaning the proven practices and techniques that help managers and employees enhance the quality of their meetings. Here are some of the key ones: • Lead meetings with a steward mindset • Invite the smallest number of people possible to a meeting for the best engagement but actively engage secondary attendees • Remember Parkinson’s Law: Work expands to fill the time available for its completion; plan for the shortest time reasonable. Apply a little pressure for optimal performance • Provide a strategic agenda “owned” by all, framed by questions if possible • Start meetings as a host • Be unconventional at times with location, food and interactivity elements, like quizzes or written prompts • Leverage alternative meeting formats, such as huddles • Own the success of the meetings; evaluate them periodically

Business Today

Great meeting expectations Both Pat Horton and Charles Knox are real managers in the real world. Horton is the regional president for the retail banking division at Uwharrie Bank. Knox runs The Knox Group, a commercial real estate brokerage in Huntersville. Both say the most effective meetings have a written agenda and a set time for beginning and end. They say respecting everyone’s time and staying on topic are critical. If the discussion drifts, they try to pull it back. “Being open and honest is also critical to Horton achieving the best results,” Knox says. Horton invites other department heads to her meetings to keep them interesting and informative. So that written reports in and of themselves aren’t distracting, she doesn’t give them out during meeting to keep everyone’s attention. “When they leave the meetings they can reach out and give me a call to discuss something they may or may not understand. In addition, I do send out reports prior to meeting so we don’t have to spend much time on them Knox during the meeting unless this is the specific reason for the meeting,” Horton says. And she usually ends meetings with a “roundtable open discussion” so everyone can share what’s on their mind, including successes. “This usually is a good way to end our meeting because my folks seem to want to share the ‘good news’ and leaves us all on high note.”


Business Today

February 2019

News-

News from www.Businesstodaync.com

DH Griffin will demo old Philip Morris plant

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Because you’re worth it! The Grounds at Concord aerial view Jan. 16. Greensboro-based D.H. Griffin Cos. will begin demolishing the old Philip Morris plant in Concord within the next 30 days. Now known as The Grounds at Concord, the buildings total some 3.5 million square feet. The 2,000 acre site owned by Bootsmead LeaseCo is being marketed by JLL Carolinas for an undisclosed price. Griffin is well-known in Cabarrus County. The company demolished the old Pillowtex/Cannon Mills plant in Kannapolis to make way for the North Carolina Research Campus. David Griffin, president, said it was “exciting news” to be able to help in the “transformation one of the best pieces of property in the country.” The majority of the materials on site will be recycled, he added. The manufacturing site, which has interstate access, substantial utility infrastructure and rail access, is considered one of the leading industrial sites east of the Mississippi. Cabarrus County suffered a major blow in 2009 when Philip Morris closed the cigarette-making plant that sat on 1,000 sprawling acres on Concord Parkway. To much fanfare, Swiss-based Alevo Group SA arrived in 2014 with a plan to create hundreds if not thousands of jobs through revolutionary energystorage technology. It may have been too revolutionary: Production and hiring fell far behind projections. In 2017, Alevo here filed for Chapter 11 bankruptcy pro-

tection and said they would lay off 290 workers. At one point Toyota/Mazda was said to be interested in the property. JLL got the listing last year. “By making this investment to remove the plant, we believe we will be well positioned to demonstrate the incredible potential of The Grounds at Concord to prospective users and capture the imagination of job creators who want to be part of the region’s growth story,” said Wellford Tabor, managing partner of Bootsmead. Vintage manufacturing plants are also highly specialized for whatever it is they made, so once they become obsolete they can be an enormous white elephant. “Kudos to the owners of this property for being willing to spend the many millions it will cost to tear down this massive facility to make the land more marketable for modern uses. I’m imagine they will probably leave the open warehouses as they will generally be much more adaptable than the manufacturing buildings,” said Zac Moretz, a business and real estate attorney based in Concord. The old Philip Morris site can be divided into multiple parcels that would support a variety of uses. The demolition of the plant will not impact economic development efforts. When demolished the megasite will help recruit new business and economic activity, said Chris Chung, CEO of the Economic Development Partnership of N.C.

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Business Today

10 February 2019

News-

News from www.Businesstodaync.com

Meck property revals coming in: Some commercial up 60 percent

Jan. 24. The last few years have been awesome from a property owner’s point of view; their homes are worth considerably more. How much more is becoming apparent today as the new Mecklenburg County tax values come online. One lakefront property in The Peninsula in Cornelius, with around 5,000 square feet of living area, climbed in value 47 percent. Records show it went from $843,000 in the 2011 reval to $1,243,500 in the newest revaluation just completed by the Mecklenburg County Tax Assessor’s Office. “It looks good but I def don’t know if it’s going to feel good,” the Peninsula Club Drive homeowner said in an email. Property value increases between 33 percent and 50 percent seem to

be common, but the valuation of one home in Preston at the Lake went down $800 between 2011 and now, according to the homeowner. Homes there are generally in the $400K to $500K range in Preston. Property owners are telling Cornelius Today that the value of one house in Oakhurst went up 33 percent. One in Cambridge Grove in Huntersville rose 25 percent. For commercial property owners, the hit can be particularly onerous. “Commercial property owners will likely see substantial increases in property values. Some could be looking at 80 percent or higher,” said Bob McIntosh, founder of The McIntosh Law Firm in Davidson. It means there could be a trickle down effect. One landlord said, simply: “Rent is going up!”

Earnings increase sharply at Aquesta Jan. 16 Aquesta Financial Holdings, the parent company of Aquesta Bank, reported record earnings and loan growth for the fourth quarter of 2018 as well as the full year. The Corneliusbased bank reported net income of $942,000 compared to $204,000 during the last quarter of 2017. For the full year 2018, net income was $4.2 million compared to $1.9 million in 2017. The increase in Aquesta’s 2018 net income was primarily due to the sale of Aquesta Insurance Services during the second quarter. Net income for the year includes a one-time after tax gain of $1.3 million or 32 cents per share. Normalized earnings were $3.0 million for 2018, more than 50 percent ahead of 2017. Jim Engel, CEO & president of

Aquesta, said “excellent earnings combined with excellent growth for the final quarter capping an outstanding year.” He added that core deposit growth was “enviable” compared to peer groups. Loan growth of $63.7 million for 2018 was 20.9 percent ahead of 2017. The bank also had no foreclosed property as of Dec. 31, 2018. Aquesta’s total assets were $460.1 million compared to $408.6 million at the end of 2017. Total loans were $369.0 million at year-end 2018 compared to $305.3 million on Dec. 31, 2017. Nonperforming assets as of Dec. 31, 2018 were at $1.2 million compared to $27,000 at the end of 2017.

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Business Today

February 2019

11


12 February 2019 Legislators continued from page 1

Tarte in the NC Senate. NC District 98 has long been held by the GOP, dating back to Thom Tillis, who was also a Cornelius resident. Senate District 41 was created back in 2011. Tarte held the seat until Marcus was elected “We need more emphasis on stronger public education,” Marcus said. One strategy, which Marcus said is a bipartisan effort, is providing broadband access to rural areas, particularly so that students can access homework assignments, collaborate with classmates on projects, and conduct research online. “If the rural schools are not keeping pace, companies will [instead] come to an area where they have a skilled, educated workforce,” said Marcus. An attorney, Marcus represents District 41, which covers Davidson, Cornelius, Huntersville, Steele Creek, Pineville and parts of Ballantyne. Clark represents House District 98, which includes all of Davidson and Cornelius and part of Huntersville. Clark’s children attend the Community School of Davidson, a charter school. Charters have not traditionally garnered Democratic support. “I think they do have a place in our community,” said Clark. “They are

places of innovation. They are here to stay, and I think we need to support them.” Marcus, whose daughter left Hough High School to enroll at a charter, agreed, saying “no charters” is the wrong approach for legislators to take. “My child was having major anxiety attending a school of that size,” Mar- Clark cus said. While her daughter found teachers who were dedicated and energetic, “that was the first time in our lives that we felt like we needed to look for other options. It’s not a better school, it’s just better for my kid.” Marcus acknowledged that lifting the state cap on charter schools was a mistake, and she feels that, due to affordability of school meals and lack of access to transportation, charter schools are not truly open to all children. “They should be really available— not just available in theory—to every child,” Marcus said. Charlotte was recently ranked 50th out of 50 U.S. metropolitan areas for economic mobility. Through her work with Ada Jenkins, Marcus had first-hand experience with families

caught caught in the middle. “They’re working families; they’re doing exactly what society expects of them,” Marcus said. But these families have limited access to affordable health care and housing. “We have to preserve what we already have and not bulldoze affordable housing…so that people who are working their way out of poverty have somewhere to live,” she said. Gun control was another personal issue, particularly for Clark, who has volunteered with Moms Demand Action for the past five years. She is an intellectual property and business paralegal at a firm with her husband. “I want to prevent North Carolina from having a mass shooting like we’ve seen in other states,” Clark said. “Because we are so concerned about school safety and because we are so focused on mental health, I do believe we can pass the red flag laws.” Clark and Marcus agreed that red flag laws, which would restrict gun access for people with mental health risks, along with increased background checks, are also bipartisan measures. “They’re very reasonable proposals,” said Marcus, who clerked for a federal judge in Greensboro. With the recent Department of Environmental Quality meetings on coal

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ash disposal, audience members at the Newsmakers Breakfast expressed concerns about Duke Energy’s cleanup efforts. “I have tried very hard to get people in this area even aware that there are giant coal ash ponds that are seeping into the water. It is not OK,” Marcus said. “Our lake is a huge asset. If Lake Nor- Marcus man is known as a place where coal ash is seeping in the water, we’re all in trouble.” Marcus would not say that there was a definite link between coal ash and the recently-exposed cancer clusters in Huntersville and Mooresville, but she did lament that the DEQ’s budget has been cut because it means there are fewer scientists monitoring the issue. “I live right on the border of the ocular cancer cluster,” said Clark, who is also a cancer survivor. “It is a top priority for me to know where it is coming from.” The I-77 toll roads are also a priority for both freshmen legislators. “Natasha and I both ran on doing something about I-77, and we are still actively committed to that,” said Clark. She said she’s not certain how best to address the issue, but that discussing it in terms of safety is the most effective approach. “All three drivers in my family have been rear-ended on I-77,” she said. She and her husband also moved their law firm because of I-77 safety concerns. “It’s a mess we should never have gotten ourselves into,” said Marcus. “I read the contract in 2014. This is a contract I would never have let my clients get into. The problem is, the contract is signed.” Marcus said that, unfortunately, scrapping the toll roads contract is not an option. But one of the first bills she plans to introduce will give Gov. Cooper better negotiating power. Clark will sponsor this bill in the House if it passes the Senate. “We can’t promise that will happen,” Marcus said. “We’re freshmen in the minority.” At a recent Chamber of Commerce forum, Rep. Chaz Beasley told the audience that experience doesn’t necessarily determine what legislators can accomplish. “Our freshman class is remarkable,” said Clark. “We are all willing to work together, not coming in as adversaries, but as friends.” “We’re hoping to harness this new energy that we’re bringing to Raleigh,” said Marcus.


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municate. By putting what they say into context you can help them clarify their need and assist them in making a satisfactory purchase decision-from you.

Some purchase decisions can seem based primarily on urgency or price sensitivity, and it can be frustrating at times, even for the best sales professionals when they try to offer a personal touch. But every sale counts and each customer offers you a fresh opportunity for relationship building and repeat business. Keep thinking: “S.E.L.L. Well.”

Leverage

Sense The most sophisticated algorithms cannot beat a personal touch when helping to match a unique personal need to a product or service when that need is a high priority or passion for the purchaser. Getting a sense of their specific goal(s) allows you to know how to directly assist them in their efforts. What will the customer use this product for? Insurance can be legally required and used to reduce one’s liability, protect one’s loved ones, add value to an estate, and/or to support a favorite cause long into the future. Makeup or clothes are not just a purchase; their purpose can be specific: it can be for one’s personal comfort, to ace an interview, to earn a promotion, to lock in a brand image, or to look more professional/mature/ younger/fashionable. If you know a customer’s strategic purpose you can customize the options you offer them and assist them in achieving it.

Engage Quintessential kindness and clear appreciation for a customer’s business is nearly impossible to top for creating an always-ready-to-be-of-service reputation that draws customers back without considering your competition. What is the customer expecting vs. what do you offer them? Careless low cost providers can teach customers not to expect extraordinary service quality. But the savviest sellers know if you surprise them with simple and consistently engaged, polite appreciation at every interaction it does not

add cost but it certainly can add memorability and attract return purchases far more easily. Building loyalty is often based on remembering you are always on a stage when you sell: be fully attentive to each customer and present your best self at every interaction. And remember, is the product or service needed urgently? Even if a customer seems brusque in their shopping rush, the simple act of being readily accessible AND friendly vs. perfunctory can generate both a buyer’s relief at meeting their need and gratefulness; combined, the experience can become memorable for them bringing loyal, repeat business to your doorstep.

Listen Don’t miss a sales opportunity because someone seems a bit unclear or disorganized in knowing what they want. Your patience can pay off. Actively listen to what they tell you. Ask open-ended questions to gather information. Build a mental picture of the facts they share. Determine if they are clear in their shopping efforts; if they have clarity you can quickly help them identify precise ways to fulfill their need(s). Or, is their process still in the formulating stage-a bit disorganized-not yet having solidly defined their need(s)? Perhaps then, your added value to them will be to absorb descriptor words and images they use and notice the emotion they may or may not display as they com-

Once you’ve quickly learned as much as you can about your customer’s reason for a purchase, hold their attention, and influence their purchase decision to buy from you by transparently demonstrating how you can fully meet their need(s). Mentally put their needs in a hierarchy of priority and build a visual connection for them of how your product or service meets each one. Make sure your communication is relevant to their purpose, and use their words. Don’t waste their time using your best standard sales pitch; even if it is polished. If you do not articulate the benefits of your product or service in a way that is customized to this customer-starting with the most important needs-first, you will lose their attention and “thicken” the conversation for them making them “wade” through the sales pitch that is most comfortable to you. Make it easy for them to understand you; this makes it easier to buy from you. So transact each sale opportunity with consistent quality and relationshipbuilding behaviors. Your customers are more likely to react positively, become more loyal, buy more often, and tell others how dependable you are in meeting their needs.

Keep thinking: “S.E.L.L. Well.” Cheryl Kane, is a strategic business consultant, sales trainer, & professional speaker specializing in strategic planning and service quality. If you seek assistance in growing your business, need a business speaker, or have a topic you would like to see in this column, Cheryl welcomes your communication at email: CherylKane@cherylkane.net.


Business Today

THIS MONTH TRANSACTIONS…………….... 15-18 FORECLOSURES……………..........18 NEW CORPORATIONS………...18-19

REAL ESTATE TRANSACTIONS These recent property transactions in Cornelius, Davidson and Huntersville were recorded by the Mecklenburg County Register of Deeds.

Mecklenburg County 12/20/18 $342,000 South Creek Homes to Mervis Small & Christopher Small, 17726 Morchampton Ave., Cornelius 12/20/18 $337,500 South Creek Homes to Timothy & Debra Wilkes, 11118 Bailey Park Nature Dr., Cornelius 12/20/18 $400,000 Uwe & Carol Roper to Harold & Virginia Goodall, Unit 407 Harborgate, Cornelius 12/20/18 $350,000 Kim Stecher to Jason Treen, 17615 Calverton Rd., Huntersville 12/20/18 $414,500 Standard Pacific of the Carolinas to Richard & Lauren Halfmann, 17416 Shearer Rd., Davidson 12/20/18 $304,000 South Creek Homes to Barbara Watkins, 11134 Bailey Park Nature Dr., Cornelius 12/20/18 $439,000 Taylor Morrison of Carolinas to Amie & Brian Shuford, 9527 Hightower Oak St., Huntersville 12/21/18 $2,500,000 Toastery of Huntersville LLC to 5551 Case Avenue LLC, Lots 1 and 2 Gilead Center at The Park, Huntersville 12/21/18 $475,000 Andrea Davis to Cathy & Billy Henry Jr., 19014 Cypress Garden Dr., Davidson 12/21/18 $325,000 Marshall & Melissa Caldwell to Amber & Michael Melendez, 13337 Fremington Rd., Huntersville 12/21/18 $361,000 Adam & Luisa Dexheimer to Bryan & Danielle Gedney, 5024 Chapel Chase Ln., Huntersville 12/21/18 $327,500 Stephanie & Gregory Bittner to Zhuo Jiang & Sen Gao, 8104 Townley Rd., Huntersville 12/21/18 $250,000 Dominick & Doris Mendolia to Nicholas & Tresa Mendolis, 8711 Westwind Point Dr., Cornelius 12/21/18 $485,000 Michael & Mackenzie Koupal to Mark Dehlin, 10635 Kerns Rd., Huntersville 12/21/18 $445,000 Louis & Marianne Alfaro to Andre & Katherine Depew, 16012 Wedmore Ln., Huntersville 12/21/18 $347,500 Opendoor Property W16 to Briana North & Christopher Daniel, 12712 Cheverly Dr., Huntersville 12/26/18 $435,500 Renate & Cheryl Cimmino to Opendoor Property D, 15723 Northstone Dr., Huntersville 12/27/18 $541,000 Veda Osborne to Karen

February 2019

On T he Record Hallman, 20110 Dowry Ct., Cornelius 12/27/18 $455,000 Standard Pacific of the Carolinas to Steve Jeon & Eunkyng Cheung, 14314 Grundys Way, Davidson 12/27/18 $300,000 Travis & Kristin Fields to Leslee & Brian McNeely, 9115 Greenheather Dr., Huntersville 12/27/18 $300,000 David Alexander to Connor DePhillippi, 18711-E Half Moon Bay Ln., Cornelius 12/27/18 $482,000 Standard Pacific of the Carolinas to Renato & Cheryl Cimmino, 17519 Julees Walk Ln., Davidson 12/27/18 $286,000 John & Angela Knox to Yaron & Zviya-Crystal Ben-Yohanan, 20914 Brinkley St., Cornelius 12/28/18 $377,500 Standard Pacific of the Carolinas to Mark Moore & Lori McPherson, 16713 Setter Point Ln., Davidson 12/28/18 $900,000 Peachtree Residential LLC to Christopher & Vanessa Christiansen, 17033 Stuttgart Rd., Davidson 12/28/18 $317,000 Julia Raddatz to Christopher & Heidi Reynolds, 18940 Kanawha Dr., Cornelius 12/28/18 $275,000 Rhonda & Michael Cheek to Diane & Samuel Drakulic, 19218 Lake Norman Cove Dr., Cornelius 12/28/18 $410,000 Opendoor Property N to Jeffrey & Ricciann Sheridan, 18537 Boulder Rock Loop, Davidson 12/28/18 $459,000 Standard Pacific of the Carolinas to Aaron & Theresa Lee, 14423 Grundys Way, Davidson 12/28/18 $460,000 Standard Pacific of the Carolinas to Andrew & Anne McColgan, 17513 Julees Walk Ln., Davidson 12/31/18 $720,000 Carolinas Cottage Homes to David & Anita Watson, 719 Patrick Johnston Ln., Davidson 12/31/18 $435,000 Dennis & Patricia Jones to Andrea Wilson & Frank Logano, 8798 Devonshire Dr., Huntersville 12/31/18 $499,000 Taylor Morrison of Carolinas to Erik & Jennifer Hendrickson, 12243 Potts Plantation Cir., Cornelius 1/3/19 $288,000 Ellen & Robert Thompson to Heather McClow, 126 Kinderston Dr., Davidson 1/3/19 $390,000 Terence & Kathleen Ake to Edward Shields & Valerie Brown, 8016 Woods Run Ln., Huntersville 1/3/19 $727,000 Frederick & Amy Goduti to Robert & Helena Johnson, 13101 Mayes Rd., Huntersville 1/4/19 $450,000 Roland & Patricia Provost to Matt & Dana Klein, 7327 Swansea Ln., Cornelius 1/4/19 $750,000 David & Deborah Pickens to David Bolsvert, 18712 Head Sail Ct., Cornelius 1/4/19 $325,000 Orlando Land Co. to Clay & Shannon Hooper, 253 Catawba Ave., Davidson 1/7/19 $315,000 William Van Alston & Alejandro Alstona to Kevin & Amy Gais, 20200 Norman Colony Rd., Cornelius 1/8/19 $390,000 Anthony & Lauren Nelson to Emily & Scott McCulloch, 21503 Harken Dr., Cornelius 1/8/19 $345,000 Opendoor Property W32 to Christopher & Emilia Melton, 15214 Sharrow Bay Ct., Huntersville 1/9/19 $402,500 Frederick & Donna Smith to

Frank & Erin Patercity, 20027 Northport Dr., Cornelius 1/9/19 $415,000 Cynthia Kazmarski to Stephen & Laura Kinzler, 11923 Farnborough Rd., Huntersville 1/10/19 $305,000 Terry & Laura Kohler to Michael & Judith Darcangelo, 13235 Centennial Commons Pkwy., Huntersville 1/10/19 $399,000 Robert & Nancy Mattes to Damian & Kelly Latta, 13322 Edenmore Ln., Cornelius 1/10/19 $278,000 Opendoor Property D to Neal Goodnight, 10412 Conistan Pl., Cornelius 1/11/19 $450,000 Richard & Carolyn Walker to Steven & Theresa Selling, 1911 Mary Ardrey Cir., Cornelius 1/11/19 $300,000 Sean Glorious to Melissa Tieszen, 8160 Evanston Falls Rd., Huntersville 1/11/19 $293,000 Vernita & Harold Batiste Jr. to Michael Diedrich, 9614 Cherry Meadow Dr., Huntersville 1/14/19 $285,000 Susanne Rutzinski to Cynthia Plyler, 18609 Cloverstone Cir., Cornelius 1/14/19 $395,000 Stacey & Murrell Stubbs Jr. to Michelle Slate, 6122 Savanna Grace Ln., Huntersville 1/14/19 $740,000 Michael & Karen Cooper to Matthew & Cynda Wilmesher, 16606 America Cup Rd., Cornelius 1/14/19 $439,000 VP Ventures to Dildar & Parwinder Sangha, 9943 Linksland Dr., Huntersville 1/15/2019 $950,000 Jane & James Daly Jr. to Louisa & Ryan Stamm, 20338 Christofle Dr., Cornelius

15

1/15/19 $333,000 Gary & Heather Strader to Dustin Garis & Yusimi Criz, 20140 Lamp Lighters Way, Cornelius 1/16/19 $1,062,500 Michael & Grace Tourtelot to Kenneth & Larissa Huber, 19104 Gold Bear Cir., Davidson 1/17/19 $290,000 Jessica Pinegar to Marianne & Eughene Cushing, 13929 Helen Benson Blvd., Davidson 1/18/19 $225,000 Berrnadette & Steven Doherty to Shari Harrison, 11414 Potters Row, Cornelius 1/18/19 $265,000 R. Patrick Comer to Devon Britts, 10008 Roosevelt Dr., Huntersville 1/22/19 $325,000 Carey & Matthew Lundberg to Ryan & Katherine Hansen, 10424 Blackstone Dr., Huntersville 1/22/19 $524,000 Epcon Huntersville to Dan & Jane Streek, 8226 Parknoll Dr., Huntersville 1/22/19 $360,000 Rebecca & S. Tod Rosenzweig to SPH Two LLP, 8802 Glenside St., Huntersville 1/22/19 $274,500 Lawrence & Rebecca Rosinstoski to OfferPad, 14336 Laurel Tree Ln., Huntersville 1/22/19 $256,000 Opendoor Property D to Stephanie Rossitz & Matthew Enz, 7408 Coastal Way, Huntersville 1/23/19 $548,000 James & Kristine Guidry to Keith & Alice Hinds, 9831 Coley Dr., Huntersville 1/23/19 $1,002,000 Donald & Pamela Blackley to Michael & Christine Tattersfield, 18002 Harbor Light Blvd., Cornelius

continued on page 16

We are pleased to welcome Austin Backus as a new associate attorney in our Concord office. Austin is a graduate of the University of Alabama and received his law degree from UNC-Chapel Hill. Austin will practice in the areas of business law, community association law, and commercial real estate law. austin@moretzlaw.com

300 McGill Avenue NW, Concord (704) 721-3500 • info@moretzlaw.com


16 February 2019 continued from page 15

Cabarrus County 12/20/18 $399,000 Orleans-Conservatory Group General Partner, Inc. to Brian & Michelle Tramuel 12/20/18 $335,000 Glenn & Cheryl Friedman to Jesse Sims & Penelope Ritenour, 3576 Valiant Ave., Concord 12/20/18 $273,000 Justin & Meghan Coley to Austin Matthews, 8030 Chestnut Oak Ct., Harrisburg 12/20/18 $433,500 Taylor Morrison of Carolinas, Inc. to Neeraj & Payal Naik, 9602 McGruden Dr., Concord 12/20/18 $300,000 Adam Myers & Matthew Dingle to Jerry & Sylvia Perry, .235 Ford St., Harrisburg 12/20/18 $309,000 Michael & Michelle Mulcahy to Dante & Danielle Perry, 4416 Triumph Dr., Concord 12/20/18 $363,000 Shea Investment Fund III, LLC to Scott & Rebecca Petersen, 11107 Wild Lantana Ln., Harrisburg 12/20/18 $445,000 M/I Homes of Charlotte, LLC to Kalpesh & Megha Ram, 2010 Sweet William Dr., Harrisburg 12/20/18 $480,500 Essex Homes Southeast, Inc., to Matthew & Lisa Beachum, 4395 Oldstone Dr., Harrisburg 12/20/18 $298,500 TAC Holcomb, LLC to Taylor Morrison of Carolinas, Inc., Lots 143, 144 and 145 of Holcomb Woods Subdivision, Harrisburg 12/20/18 $310,000 Todd & Laura Krueger to American International Relocation Solutions,

O N T HE RECORD LLC, 4845 Pepper Dr., Harrisburg 12/20/18 $310,000 American International Relocation Solutions, LLC to Junaid & Breanna Sheikh, 4845 Pepper Dr., Harrisburg 12/20/18 $2,100,000 War Eagle Properties, LLC to Store Master Funding X, LLC, approx.. 1.5 ac. on Hwy. 29 adjacent to Barefoot Oil Co., Concord 12/20/18 $294,000 Century Communities Southeast, LLC to Robin Sizer, 820 Oak Manor Dr., Concord 12/20/18 $329,000 Andrew & Nicholine Pilliner to Opendoor Property C LLC, 858 Langley Dr., Concord 12/27/18 $350,000 Arun Kumar & Arthy Ramamurthy to John & Stefanie Gaffney, 2508 Mill Wright Rd., Concord 12/27/18 $306,000 NVR, Inc. to Sandra Sturges, 10372 Black Locust Ln., Charlotte 28215 12/27/18 $431,000 Taylor Morrison of Carolinas, Inc. to Jerry & Amy Biang, 9614 Herringbone Ln., Concord 12/27/18 $370,000 Michael & Courtney Van Wingerden to Joshua & Brittany Raymer, 2326 Donnington Ln., Concord 12/27/18 $300,000 Taylor Morrison of Carolinas, Inc. to Joseph & Diann O’Grady, 494 Cherry Blossom Ln., Concord 12/27/18 $320,000 NVR, Inc. to Eva Lee, 2131 Grist Mill Dr., Concord 12/27/18 $427,000 Essex Homes Southeast, Inc. to Christopher & Suzanne Arno, 4336 Ireland Way, Harrisburg 12/27/18 $2,341,000 Highway 49-St. Stephens Church Road LLC to Heartleaf Bend

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LLC, approx.. 616 ac. at St. Stephens Church Rd. & Lentz Harness Rd., Concord 12/27/18 $278,000 NVR, Inc. to Brad & Eneida Rogers, 1556 Scarbrough Cr., Concord 12/27/18 $298,500 Century Communities Southeast, LLC to Jacques Smith, 812 Oak Manor Dr., Concord 12/27/18 $336,000 True Homes, LLC to Barry & Shonda Formey 385 Wyndham Forest Cr., Midland 12/28/18 $1,155,500 Cottonwood Investments, Inc. to ATA Properties of Charlotte, LLC, Lots 1-4 of DEB Commercial Subdivision, Kannapolis 12/28/18 $445,000 Arbor Lane Investments, Inc. to ATA Properties of Charlotte, LLC, Lots 5 & 6 of DEB Commercial Subdivision, Kannapolis 12/28/18 $410,000 Taylor Morrison of Carolinas, Inc. to Balajee Vasudevan & Suganya Mariappan, 9594 McGruden Dr., Concord 12/28/18 $282,500 Layn & Celeste Smith to Hassan & Staci Kolko, 9830 Edinburgh Ln., Charlotte 28269 12/28/18 $349,000 Gregory & Donna Kesterson to Donald & Sharron Cartwright, 1463 Saint Annes Ct., Concord 12/28/18 $272,000 William & Christine Rienks to SPH One, LLLP, Ptnrp., 94 Poplar Woods Dr., Concord 12/28/18 $262,000 Anh, Kim & Lien Nguyen to Luis Quezada, 819 Trava Anne Dr., Concord 12/28/18 $385,000 James & Anne Maino to Mark & Christina Disch, 2442 Orofino Ct., Charlotte 28269 12/28/18 $449,000 Niblock Homes, LLC to Jeffery Warren & Kelly Bost, 3903 Zemosa Ln., Concord 12/28/18 $372,000 NVR, Inc. to Orlando & Teresa Tignor, 7453 Boulaide St., Concord 12/28/18 $422,000 Taylor Morrison of Carolinas, Inc. to Phalgun Ayyaagari & Sujatha Ganti, 10421 Paper Birch Dr., Charlotte 28215 12/28/18 $294,000 True Homes, LLC to Steven & Sabrina Pollitt, 322 Wyndham Forest Cr., Midland 12/28/18 $469,000 Essex Homes Southeast, Inc. to Tommy & Theresa Hiatt, 4380 Deer Park Ct., Harrisburg 12/28/18 $306,000 Sallie Dotger to Christopher & Tiffany Williams, 5311 Fieldstone Dr., Concord 12/28/18 $385,000 Niblock Homes, LLC to Brian & Anne Stark, 2395 Baxter Pl., Concord 12/28/18 $289,500 NVR, Inc. to Keith & Kelly Svagr, 10064 Lilac Ct., Charlotte 28215 12/28/18 $400,000 Orleans-Conservatory Group General Partner, Inc. to Akhil Sivapurapu & Sahithi Mudigonda, 11587 Macallano Dr., Charlotte 28215 12/28/18 $316,500 Century Communities Southeast, LLC to Michelle Elcock, 824 Oak Manor Dr., Concord 12/28/18 $900,000 Redus NC Land, LLC to Wellspring Carolina Investments, LLC, approx. 401 ac. on Zion Church Rd., Concord 12/31/18 $356,000 Taylor Morrison of Carolinas, Inc. to Lakshmi Gupta & Sowmyasri Thalanki, 9664 McGruden Dr., Concord 12/31/18 $446,500 Taylor Morrison of Carolinas, Inc. to Nathan & Rachel Shue, 10417

Business Today Paper Birch Dr., Charlotte 28215 12/31/18 $460,000 Taylor Morrison of Carolinas, Inc. to Mikhail & Marina Maslova, 9576 McGruden Dr., Concord 12/31/18 $367,500 Century Communities Southeast, LLC to Taleiba Spencer, Doris Prescott and Imri, Amil & Moriah Robinson, 377 Winding Oaks Ln., Concord 12/31/18 $349,500 NVR, Inc. to Sokya Lindsay, 2390 Drake Mill Ln., Concord 12/31/18 $335,000 Opendoor Property W4 LLC to Scott & Leah Biegler, 2071 Topaz Plaza, Davidson 28036 12/31/18 $345,000 NVR, Inc. to Senthilkumar Sekaran, 7470 Boulaide St., Concord 12/31/18 $310,000 NVR, Inc. to Magborebqanga Akat & Atemilefac Tazifor, 2196 Stone Pile Dr., Concord 12/31/18 $380,000 NVR, Inc. to Joseph & Christina Perna, Salvatore Depetro & Elizabeth Castellano, 2127 Grist Mill Dr., Concord 12/31/18 $491,000 M/I Homes of Charlotte, LLC to Kenneth & Yelonda Whitesides,2272 Sweet Pea Ln., Harrisburg 12/31/18 $353,500 NVR, Inc. to Shaquille Siplyn & Vivian Clark, 7466 Boulaide St., Concord 12/31/18 $413,500 Niblock Homes, LLC to Marsha Wall, 2391 Baxter Pl., Concord 12/31/18 $335,000 Niblock Homes, LLC to Mark & Margie Prest, 848 Ainsley Pl., Concord 12/31/18 $369,500 Orleans-Conservatory Group General Partner, Inc. to Howard & Nicole Nilson 12/31/18 $410,000 Mattamy Homes to Jeffrey & Leslie Morris, 2606 Cheverny Pl., Concord 12/31/18 $400,000 M/I Homes of Charlotte, LLC to Madhudsudan Gottumukkala & Sireesha Manduru, 965 Anatrella Ln., Concord 12/31/18 $444,000 M/I Homes of Charlotte, LLC to Varun Karnati & Archana Goturi, 962 Anatrella Ln., Concord 12/31/18 $393,000 M/I Homes of Charlotte, LLC to Nizamuddin Mohammed & Sayeema Farheen, 9576 Herringbone Ln., Concord 12/31/18 $520,000 M/I Homes of Charlotte, LLC to Benjamin & Courtney Hawkins, 9041 Cornflower Dr., Harrisburg 12/31/18 $469,000 M/I Homes of Charlotte, LLC to Ravikanth Kosanam, 996 Bellegray Ln., Concord 12/31/18 $397,000 M/I Homes of Charlotte, LLC to Vinay Gurnani & Nisha Paliwal, 957 Antrella Ln., Concord 12//31/18 $512,000 M/I Homes of Charlotte, LLC to Pallavi Kondapalli & Ravindar Maruru, 9673 McGruden Dr., Concord 12/31/18 $407,000 M/I Homes of Charlotte, LLC to Hemamalini Kesanapalli & Durga Jonnalagadda, 9580 Herringbone Ln., Concord 12/31/18 $507,000 M/I Homes of Charlotte, LLC to Aditya Madala & Purvi Chaturvedi, 9674 McGruden Dr., Concord 12/31/18 $435,000 Taylor Morrison of Carolinas, Inc. to Loren & Tammy Smith, 5185 Butternut Dr., Charlotte 28215 12/31/18 $800,000 Vanderburg Enterprises, LLLP, Ptnrp. to Journey Property Management, LLC, 5255 Pit Rd., Concord 12/31/18 $325,500 Taylor Morrison of Carolinas, Inc. to William & Susan Schielke, 448 Fir


Business Today Tree Ct., Concord 12/31/18 $399,500 Taylor Morrison of Carolinas, Inc. to Franklin & Shamedia Walker, 9652 McGruden Dr., Concord 12/31/18 $461,000 J.C. & Marie Wallace to Carolina Farm Credit, ACA, 872 Ainsley Pl., Concord 01/02/19 $396,000 Taylor Morrison of Carolinas, Inc. to Balaji Sowrirajan & Preethi Sethuraman, 5201 Butternut Dr., Concord 01/02/10 $453,500 Taylor Morrison of Carolinas, Inc. to Kesssava Gari, 9554 McGruden Dr., Concord 01/02/19 $442,000 M/I Homes of Charlotte, LLC to Manoj Chakravarthy & Prabha Lingavel, 1000 Bellegray Ln., Concord 01/02/19 $395,000 M/I Homes of Charlotte, LLC to Bharath Panyadahundi & Sahana Thammaiah, 9585 Herringbone Ln., Concord 01/02/19 $357,000 M/I Homes of Charlotte, LLC to Kiran Prabhakar & Sapna Jairaj, 9572 Herringbone Ln., Concord 01/02/19 $397,000 M/I Homes of Charlotte, LLC to Sanjaykumar & Chhayaben Patel, 9040 Daisy Pl., Harrisburg 01/02/19 $613,000 M/I Homes of Charlotte, LLC to Kenny & Lisa Nguyen, Van Le Sandy and Tan Le Vinh, 9196 Hydrangea Dr., Harrisburg 01/02/19 $354,500 Pallavi Kondapalli, Ravindar Maruru & Pallavi Pallavi to Vishnu Bandlamudi, 110251 Falling Leaf Dr., Concord 01/02/19 $396.000 Taylor Morrison of Carolinas, Inc. to Balaji Sowrirajan & Preethi Sethuraman, 5201 Butternut Dr., Concord 01/02/19 $453,500 Taylor Morrison of Carolinas, Inc. to Kessva Gari, 9554 McGruden Dr., Concord 01/02/19 $442,000 M/I Homes of Charlotte, LLC to Manoj Chakravarthy & Prabha Lingavel, 1000 Bellegray Ln., Concord 01/03/19 $369,000 Justin & Melissa Doster to Sean & Jennifer Bandazian, 435 Fairwoods Dr., Huntersville 28078 01/03/19 $325,000 Eastwood Construction LLC to Bonita Sloan, 1127 Burning Embers Ln., Concord 01/04/19 $390,000 Orleans-Conservatory Group General Partnership, Inc. to Frank &Loan Thompson, 11609 Macallano Dr., Charlotte 28215 01/04/19 $415,000 Maynard & Paula Nelson to Michele Banton & Allison Baksh, 1107 Woodhall Dr., Huntersville 28078 01/04/19 $925,000 Ricky & Michelle Meeks to Angel & Patsy Lugo, 4615 Dovefield Ln., Kannapolis 01/04/19 $330,000 MTGLQ Investors LP and Selene Finance LP to Erik & Jacqueline Grubbs, 9166 Marisol Ln., Concord 01/04/19 $645,000 Cordelia Andrews to Ricky & Michelle Meeks, 317 Sycamore Ridge Rd., Concord 01/07/19 $400,000 Mauang Myint Estate to Eagle I Property Group, LLC, 881 Derita Rd., Concord

More C abarrus Transactions online at www.BusinessTodayNC.com

O n T he Record

Iredell County 12/17/18 $627,000 Brian & Amy Freeman to Darren & Deborah Gaylor, 482 Agnew Rd. 28117 12/17/18 $375,000 Essex Homes Southeast to Mark & Deborah Lambert, 128 Bedford Ln. 28115 12/17/18 $280,000 Mahesh Kolhe & Madhuri Bendale to John & Mary Boyle, 162 Silverspring Pl. 28117 12/17/18 $1,050,000 Tony & Lisa McCurdy to Brain & Amy Freeman, 153 Foxhunt Dr. 28117 12/17/18 $435,000 Pritibala S. Patel to Henry Castles & Julia Chafin, 151 Corona Cir. 28117 12/17/18 $276,000 Stephen & Christina LaFont to James L. Milton, 116 Glade Valley Ave. 28117 12/18/18 $600,000 Frederic & Melanie Pinan to Brian & Kim Demos, 143 Whisper Cove Ct. 28117 12/18/18 $531,000 Epcon Blume Brawley to Edward & Helen McNamara, 166 Valleymist Ln. 28117 12/19/18 $1,360,000 Dale & Kimberly Gillis to Barbara A. Spurling, 105 Strawpocket Ln. 28117 12/19/18 $435,000 Epcon Blume Brawley to Sudhaben Shah, 116 Mercyview Ln. 28117 12/19/18 $327,500 Niblock Homes to Aleck & Ruth Biehl, 124 Holly Ridge Dr. 28115 12/19/18 $312,500 Tushar & Leena Patel to Matthew & Vanessa Pagano, 104 Steeplechase Ave. 28117 12/19/18 $535,000 Peter & Carol Budko to Brain G. Edenfield, 134 Kelly Cove Ct. 28117 12/19/18 $360,000 Ann K. Swaim to Dustin & Danielle Walker, 107 Grayfox Dr. 28117 12/19/18 $298,000 M/I Homes of Charlotte to Michael & Joyce Bosela, 206 Willow Valley Dr. 28115 12/19/18 $289,000 BMCH North Carolina to Victor & Debra Montemurro, 148 Boxtail Way 28115 12/20/18 $365,000 D.R. Horton to Robert A. Oswald, 187 Blueview Rd. 28117 12/20/18 $422,000 Epcon Blume Brawley to Chrystal Puckett Woodson, 139 Valleymist Ln. 28117 12/20/18 $370,000 Michael & Crystal Tokarsky to Ryan & Tiffany Webber, 222 Pintail Run Ln. 28117 12/20/18 $575,000 Lakeshore Holdings to Timothy & Samantha Jackson, 110 Stamford Ct. 28117 12/20/18 $410,000 Nicholas & Annemarie Economou to Guiselle & Kevin Mahon, 116 Eclipse Way 28117 12/21/18 $425,000 Bermani Properties to Kennedy Properties 405 Oak Street, 795 Oakridge Farm Hwy. 28115 12/21/18 $378,000 Taylor Morrison of Carolinas to Daryl & Michell Hayes, 114 Tetcott St. 28115 12/21/18 $470,000 Samuel & Joann Shelton to William & Debra Wagner, 157 Peninsula Dr. 28117 12/21/18 $272,000 Dwayne N. Kieta to

Glen Adams Jr., 142 Glenn Allen Rd. 28115 12/21/18 $375,000 Cole & Jessica Campbell to Anthony & Courtney Manglass, 115 Gambrill Trl. 28115 12/21/18 $775,000 LKNHR to Michael Hannon & Christine Serio, 469 Big Indian Loop 28117 12/21/18 $348,000 Blazenko & Domenica Morin to Christine Stillwater & Brian Kostic, 155 W. Warfield Dr. 28115 12/21/18 $619,000 Jerry Wayne Smith to Mark & Lisa Kleinhenz, 123 Strawpocket Ln. 28117 12/21/18 $700,000 Niblock Homes to Robert & Leslie Kusiciel, 142 Tuscany Trl. 28117

February 2019

17

12/21/18 $446,500 NVR to Lauren & Douglas Storms, 124 Tetcott St. 28115 12/27/18 $388,000 NVR to Ross & Alexandra Szlasa, 205 Welcombe St. 28115 12/27/18 $380,000 BMCH North Carolina to Jason & Lauren Harwell, 112 Avensong Ct. 28115 12/27/18 $405,000 Sandeep Dhingra & Helen Halaweh to Louis & Sherri Brinskelle, 162 Montibello Dr. 28117 12/27/18 $398,000 Niblock Homes to John & Jennie Roquemore, 163 Holly Ridge Dr. 28115 12/27/18 $450,000 Epcon Blume Brawley to Mary L. DeStasio, 117 Mercyview Ln. 28117

continued on page 18


18 February 2019

continued from page 17 12/27/18 $359,000 NVR to Henry & Angela Ensslen, 148 Tetcott St. 28115 12/27/18 $255,000 William & Heather Caldwell to David & Melissa Gibson, 178 Kilbourne Rd. 28117 12/28/18 $366,000 Epcon Blume Brawley to Mildred B. Torcasso-Capel, 124 Wellspring Way 28117 12/28/18 $790,000 Joshua Tucker to Karen & Andrew West, 165 Mariner Pointe Ln. 28117 12/28/18 $4,462,000 James & Daisy Howard to Earnhardt Farms, 1675 Dale Earnhardt Hwy. #3 28115 12/28/18 $403,000 Heather & Gary Church to Jordan & Kelly Pogorelec, 258 Castle Gates Dr. 28117 12/28/18 $357,500 NVR to Steven & Wendy Arnone, 130 Tetcott St. 28115 12/28/18 $2,120,500 South Iredell Community Development to NGK Ceramics, 119 Mazeppa Rd. 28115 12/28/18 $424,000 Niblock Homes to Justin John Ogden, 143 Holly Ridge Dr. 28115 12/28/18 $395,000 D.R. Horton to Shenique Carmichael, 111 Sweet Leaf Ln. 28117 12/28/18 $262,000 M/I Homes of Charlotte to Nickcoy & Katharina Findlater, 177 Willow Valley Dr. 28115 12/28/18 $251,500 M/I Homes of Charlotte to Charles & Joann Grimes, 164 Willow Valley Dr. 28115 12/28/18 $260,000 M/I Homes of Charlotte to Kevin & Felicia McPherson, 175 Willow Valley Dr. 28115

O N T HE RECORD 12/28/18 $772,000 Lakeshore Holdings to Lawrence & Tanya Williams, 151 Freshwater Ln. 28117 12/28/18 $597,500 Brett & Shelley Cianfoni to Samuel Pearlstein & Beverly Fox, 556 Big Indian Loop 28117 12/28/18 $291,000 Douglas A. Buss to John & Edith Tarbell, 115 Hanks Bluff Dr. 28117 12/28/18 $421,500 NVR to David & Jennifer Gutheil, 189 Welcombe St. 28115 12/31/18 $465,000 Taylor Morrison of Carolinas to Vonh Lee & Jennifer Moua, 122 Tetcott St. 28115 12/31/18 $355,000 Taylor Morrison of Carolinas to Gregory & Heather Lackey, 156 Stibbs Cross Rd. 28115 12/31/18 $393,500 Taylor Morrison of Carolinas to Thomas & Laurie Kuerlemann, 106 Tetcott St. 28115 12/31/18 $250,000 Polly Jo Sheetz to Lilliana R. Lukic, 155 Portola Valley Dr. #B 28117 12/31/18 $842,500 Charles & Katheryn Clatterbraugh to Ryan Noble & Marieanna Renfrew, 111 Whaling Ln. 28117 12/31/18 $722,500 Brian & Cristal Welch to Charles & Katheryn Clatterbaugh, 137 Cape Cod Way 28117 12/31/18 $270,000 IH6 Property North Carolina to Melani L. Pinan, 206 Blossom Ridge Dr. 28117

More Iredell Transactions online at www.BusinessTodayNC.com

FORECLOSURES Foreclosure actions have been started on the following properties. Items show the date foreclosure documents became public, owners, property address, lien holder, lien amount. After required notices are published, the property is sent to auction.The property then can be sold, not sold (examples: bankruptcy files or action dismissed without prejudice) or the sale postponed.

Mecklenburg County 1/7/19 David & Shannon Thomas, 14438 Westgreen Dr., Huntersville, Wells Fargo Bank $484,000 1/9/19 James E. Becker, 8539 Glade Ct., Huntersville, Countrywide Home Loans $169,600

More Mecklenburg Foreclosures online at www.BusinessTodayNC.com

Cabarrus County No Cabarrus Foreclosures

More Cabarrus Foreclosures online at www.BusinessTodayNC.com

Iredell County

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12/18/18 Hristos & Maria Basmas, 105 English Ivy Ln. 28117, New Century Mortgage $304,056 12/18/18 Donald & Carolyn Faulkner, 105 Gabriel Dr. 28115, Bank of America $174,844 12/28/18 Jeffrey & Theresa Bass, 115 Woodsong Ln. 28117, Bradford Mortgage $130,000 1/15/19 Barbara G. Miller, 116 Whitewater Ln. 28115, Wachovia Mortgage $77,000

More Iredell Foreclosures online at www.BusinessTodayNC.com

NEWCORPORATIONS These businesses have registered with the N.C. Secretary of State.

Mecklenburg County 12/17/18 Carolinas Insurance Providers LLC, Thomas P. Smith, 16403 Holly Crest Ln. #1221, Huntersville 12/17/18 Chabad Lubavitch of Lake Norman, Chaim Meir Greenberg, 20120 Colony Point Ln., Cornelius 12/17/18 EcoStyle Lawn Care, Ryan Eibeler, 19511 S. Main St., Cornelius 12/17/18 Merrell Fitness LLC, Julie Merrell, 13412 Broadwell Ct., Huntersville 12/17/18 Springer Capital LLC, David C.

Business Today Teague, 18706 Peninsula Cove Ln., Cornelius 12/18/18 BARSON Inc., Sergio Alonso Barrera Olea, 7327 April Mist Trl., Huntersville 12/18/18 Halo Tactical Products LLC, Daniel P. Cedrone, 13728 Statesville Rd., Huntersville 12/18/18 Kayzo Creations LLC, Kristina Odom, 10107 Victoria Blake Dr., Cornelius 12/18/18 Kerns Shop LLC, Evan Kern, 5433 Ashbury Ln., Davidson 12/18/18 Official Investment Group LLC, Avery Joyner, 8007 Gleen Oak Ln., Huntersville 12/18/18 Revamp Covenant Churches and Ministries, Amere J. May Sr., 10540 Arthur Davis Rd., Huntersville 12/18/18 Toastery of Riverbend LLC, Ben J. Cassarino, 445 S. Main St. Ste. 400, Davidson 12/18/18 Tower New Homes Construction Inc., Richard D. Enderby, 1153 San Michele Pl., Davidson 12/19/18 Brandi Flittner Inc., Brandi Flittner, 952 Southwest Dr., Davidson 12/19/18 Burrow and Associates LLC, Wiley Burrow, 19429 Laurel Glen Ave., Cornelius 12/19/18 LKM Holdings LLC, Jonathon Kas Matos, 13120 Appolinaire Dr., Davidson 12/19/18 North State Office LLC, Christopher Shane Buckner, 16930 W. Catawba Ave. Ste. 205, Cornelius 12/20/18 Brad Little Trucking LLC, Brad Anderson Little, 17716 Harbor Walk Dr., Cornelius 12/20/18 Bright Insight Advisors LLC, United States Corporation Agents, 12502 Willingdon Rd., Huntersville 12/20/18 Changing Lanes Logistics Inc., Nykine Kewaun Houston, 11328 Heritage Green Dr., Cornelius 12/20/18 Corridor Management Group LLC, Kamaria Walker, 20619 Torrence Chapel Rd. Ste. 116-502, Cornelius 12/20/18 Lyle Wimmer Consulting LLC, Jean G. Wimmer, 12603 McCord Rd., Huntersville 12/20/18 Old Thyme Goods LLC, United States Corporation Agents, 13343 Chelsea Ridge Ln., Huntersville 12/20/18 One Two Trust Properties LLC, Gerald M. Benson, 14311 Reese Blvd. Ste. A2-335, Huntersville 12/20/18 Progressive Digital, Daniel Decker, 8503 Summerfield Ln., Huntersville 12/20/18 Red Bird Multimedia Group Inc., Laura E. Schumacher, 210 Delburg St., Davidson 12/20/18 TSG Commercial LLC, Gregory S. Fallon, 215 S. Main St. Ste. 306, Davidson 12/21/18 C4 Performance Sports LLC, Thomas C. Jeter III, 18525 Statesville Rd. Unit D-2, Cornelius 12/21/18 Comunale Enterprises LLC, Raphael M. Comunate, 13219 Meadowmere Rd., Huntersville 12/21/18 Infinity Project 8 LLC, Nicole Sheehan, 20021 Callaway Hills Ln., Davidson 12/21/18 M4 Talent Strategies LLC, Jeffrey Mulligan, 17601 Springwinds Dr., Cornelius 12/21/18 MPK II LLC, Daniel J. McDonough, 1328 Hudson Pl., Davidson 12/27/18 Infinity Project 8 Partners, Nicole Sheehan, 20021 Callaway Hills Ln, Davidson 12/27/18 Rinomato Interiors LLC, Jonathan Thompson, 16501 Redcliff Dr. Apt. 2E, Hunt-


Business Today ersville 12/27/18 Spire Hockey LLC, Jeffrey Dickerson, 19510 Jetton Rd. Ste. 300, Cornelius 12/28/18 Bizz Baits Inc., Brian Souza, 639 Marthas View Dr., Huntersville 12/28/18 J&J Investments LLC, Johnathan Daniel Moore, 8108 Tosomock Ln., Huntersville 12/28/18 Punjab Spice Company LLC, Abbas Naqvi, 13424 McCoy Ridge Dr., Huntersville 12/28/18 Xclusive Realty Inc., Brenda Louise Gober, 13907 Waverton Ln., Huntersville 12/31/18 AdvantaClean Systems LLC, Jeffrey R. Dudan, 107 Parr Dr., Huntersville 12/31/18 Loss Control and Recovery LLC, Jeffrey R. Dudan, 107 Parr Dr., Huntersville 12/31/18 Pasewaldt Holdings LLC, Lori Pasewaldt, 15806 Brookway Dr., Huntersville 1/1/19 Bluewater Design PLLC, L. Brunson Russum Jr., 311 Magnolia St., Davidson 1/1/19 CRM Endurance Coaching LLC, Mary Katherine Jessen, 14126 Dryburgh Cir., Huntersville 1/1/19 Elise & Jermaine, Rayshawn Watson, 14311 Reese Blvd. Ste. 2A #217, Huntersville 1/1/19 Gallaher Fleet Solutions Inc., Martin M. Brennan Jr., 13801 Reese Blvd. West Ste. 110, Huntersville 1/1/19 ily & ute LLC, Pamela Meiser, 9601 Cockerham Ln., Huntersville 1/1/19 Juan Zambrano Photography LLC, Juan Zambrano, 10633 Trolley Run Dr., Cornelius 1/1/19 NC Business School LLC, Truong Vo, 9705 Sam Furr Rd. Ste. A, Huntersville 1/1/19 NewTech Accounting LLC, Andrea Beaver, 19823 Henderson Rd. Unit C, Cornelius 1/1/19 Obelisk Estimating LLC, Rayshawn Watson, 14311 Reese Blvd., Ste. A2 #217, Huntersville 1/1/19 RentSense LLC, Timothy Wahl, 14707 June Washam Rd., Davidson 1/1/19 SWCM LLC, Sean Herndon, 8714 Westmoreland Lake Dr., Cornelius 1/1/19 The Perfect Shade LLC, John F. Hanzel, 19425 Liverpool Pkwy. Ste. G, Cornelius 1/1/19 Vilbev PLLC, Beverly Clark, 8400 Streamview Dr. Apt. S, Huntersville

More Mecklenburg New Corporations online at www.BusinessTodayNC.com

Cabarrus County 12/17/18 Iglesia Apostoles y Profetas Efesios 2:20 El Leon De Juda, Jose Israel Maldonado, 3745 Patricia Dr. NW, Concord 12/17/18 John E. Kempter DDS II PLLC, John E. Kempter, 1000 Copperfield Blvd. NE Ste. 160, Concord 12/17/18 Mitigation Land Conservancy Inc., Andrew Prickett, 230 Aershire Ct., Concord 12/17/18 Ship Rock Properties LLC, Kedrick Lewis, 4847 Morris Glen Dr. SW, Concord 12/17/18 Zel La Vie LLC, Zelshanna Pardo, 2902 Island Point Dr. NW, Concord 12/18/18 Brellis Holdings LLC, Myron D.

February 2019

ON THE RECORD Brown, 8611 Concord Mills Blvd. #401, Concord 12/18/18 Call to Conquer LLC, Stephanie L. Cooper, 5620 Concord Pkwy. S Ste. 103, Concord 12/18/18 Five Opportunities LLC, Richard L. Francart, 3174 Yates Mill Dr. SW, Concord 12/18/18 On Time Trucking III LLC, Victor M. Arias, 410 Southampton Dr. NW, Concord 12/18/18 Sticky Fingers and Company LLC, Stephanie Wallace, 125 Oakdale Ave., Concord 12/18/18 Strong Tower Partners LLC, Stephanie Dobner, 506 Webb Rd., Concord 12/19/18 Clean Office Inc., Martina M. Jones, 1000 Seasons Pl. NW Apt. 304, Concord 12/19/18 Kgroops LLC, Kiran Patel, 611 Coral Bells Ct. NW, Concord 12/19/18 Mission Tabernacle, Mayangi Ma Mvutu, 4887 Renfrew Dr., Concord 12/20/18 Genesis NC 11 LLC, Angela M. Owen, 490 Woodland Dr. SE, Concord 12/20/18 LJM Solutions LLC, Nicholas P. Bormann, 135 Edgewater Dr., Concord 12/20/18 Mom’s Splash Inc., Lindsey L. Schumacher, 1477 Saints Annes Ct., Concord 12/21/18 Bravo Solutions Group LLC, Nicholas P. Bormann, 1201 Odell School Rd., Concord 12/21/18 Handy Energy LLC, Samuel Jose Viloria Flores, 2970 Plantation Rd. NW, Concord 12/21/18 Reclaim Medical Revenue Solutions LLC, Donyelle N. Mitchell-Williams, 1695 Mill Creek Ln. SW, Concord 12/27/18 Charlotte Dragons LLC, Andre Speech, 13208 Delaney Dr., Concord 12/28/18 Imaginative Investments LLC, Kenneth Butler, 8611 Concord Mills Blvd. #438, Concord 12/28/18 Midland Ventures Inc., Stephanie L. Cooper, 5620 Concord Pkwy. S Ste. 103, Concord 12/28/18 Sojourner Church Inc., Thomas C. Alley, 237 Candle Ct., Concord 12/28/18 The Concord Agency LLC, Jeremy M. Hopkins, 1122 Riding Trail Ln., Concord 1/1/19 Axis Nail Spa LLC, Tony H. Do, 388 Sycamore Ridge Rd. NE, Concord 1/1/19 Buzz Comics Incorporated, Joshua Almond, 4152 Griswell Dr. NW, Concord 1/1/19 Commercial Cladding LLC, Elizabeth S. Williams, 6065 Ferncliff Dr., Concord 1/1/19 Fred & Iris Alexander Family LLC, Michael R. Burgner, 77 McCachren Blvd., Concord 1/1/19 H&A Chirinos LLC, Delmi Chirinos, 11007 Lower Rocky River Rd., Concord 1/1/19 HLB Contracting & Rental Properties LLC, Rebekah W. Brooks, 7776 Untz Rd., Concord 1/1/19 Khatta Meetha LLC, Priyanka Vannam, 293 Laurel Bay St. NW, Concord 1/1/19 Northstate Electric of NC Inc., Timothy S. Moose, 496 Majestic Ct. SE, Concord 1/1/19 Pridevacy LLC, Aaron Murphy, 1391 Kent Downs Ave. SW, Concord 1/1/19 Recon Tree Care LLC, Robert Selman, 1038 Arrowhead Dr. SE, Concord 1/1/19 VCH Cleaning Services LLC, Danillo Vasquez, 4168 Broadstairs Dr., Concord

1/2/19 Moringa Enterprises LLC, Cassandra Brown- Cason, 8611 Concord Mills Blvd. #146, Concord 1/3/19 JNI Construction LLC, Nayely Garibo Xavier, 4501 Pebblebrook Cir. SW, Concord 1/4/19 Advanced Metal Sales & Fabrication LLC, Jeanette Joyal, 4559 Motorsports Dr., Concord 1/4/19 High Performance Aviation LLC, Alexis Gordiey Erochenko Rey, 9444 Grand Oaks St. NW, Concord

More Cabarrus New Corporations online at www.BusinessTodayNC.com

Iredell County 12/17/18 D & J Realty Management Company LLC, Dominic Ferrovecchio, 179 River Park Rd. 28117 12/17/18 T and D Storage Investment Properties LLC, Richard J. Lutzel, 132 Parkside Ln. 28117 12/18/18 Abba Logistics LP, Kwaku OkyereBoateng, 118 Tilton Dr. 28115 12/18/18 Bethesda AME Zion Church, Benny Connor, 112 Killarney Dr. Apt. 106 28117 12/18/18 KenzLinc LLC, Brian A. Bauer, 105 Walmsley Pl. 28117 12/18/18 School Films LLC, M. Shane Perry, 109 W. Statesville Ave. 28115 12/18/18 Severance Made LLC, Dustyn Severance, 122 Magnolia Ridge 28115

19

12/28/18 Good Shepherd Trucking LLC, Christopher Terrell Davis, 108 Knightsway Dr. 28115

More Iredell New Corporations online at www.BusinessTodayNC.com

Denver/Catawba 12/17/18 Bailey and Sons Inc., Jasper Accounting Group Inc., 3535 N. Hwy. 16, Denver 12/18/18 Joe-Handyman LLC, Joseph Ruddy, 531 Brentwood Rd. #254, Denver 12/19/18 Laurel Ridge Enterprises Inc., Jasper Accounting Group Inc., 3535 N. Hwy 16, Denver 12/19/18 Search Guaranty Corp. LLC, Wesley Deaton, 3638 N. Hwy. 16, Denver 12/20/18 David L. Walrath MD and Associates PA, David L. Walrath, 2814 Morris Ln., Denver 12/20/18 DRD Logistics LLC, Douglas R. Dellinger Jr., 4524 Little Creek Dr., Denver 12/20/18 Rallo’s Industries Inc., Richard Rubino, 5214 Wickford Ln., Denver 12/20/18 Woodie Tree Farms Inc., Jasper Accounting Group Inc., 3535 N. Hwy. 16, Denver 12/21/18 Brown’s Insurance Advisors Inc., Kyle Brown, 6547 Cedar Rd., Denver

More Denver New Corporations online at www.BusinessTodayNC.com

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20 February 2019

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They picked the wrong house in which to squat: an estate belonging to the heirs of former Davidson Mayor Russell Knox. The family, including his son, current Mayor Rusty Knox, includes lawyers and real estate brokers, commercial and residential. They know what they are doing in all things real estate, and they got it done fast. Not everyone is so fortunate, Rusty says. “The most important thing is that anyone who has vacant property, the No. 1 thing they need to do is check on it regularly. If it is managed by a property management company, they need to make sure they do appropriate vetting of who the prospective tenants are,” he said. The squatters, who said they were from the “Moorish Nation,” knew what they were doing. Squatters can take up residence in a vacant property, and, knowing our flawed system, can transfer utilities and even get mail in their

to gain entry. Trespassersdo not have utilities and have no furniture. Police are much more willing to eject trespassers.

Bradford Fight back in court

“The most important thing is when this does happen you need to follow up and prosecute to the fullest extent that you’re capable of doing,” Knox said. His brother Michael Knox is an attorney, which helped around legal expenses and a speedy response by the Knox heirs. It also helped that the Knoxes have literally centuries of history in North Meck, dealing with government back when documents were signed with a quill pen on paper. John Bradford, the owner of Park Avenue Properties, a property management firm based in Cornelius, says one of the challenging issues for rightful property owners is that North Carolina is not a “self-help state.” North Carolina law states that it is against public policy to evict a tenant by any means other than court The Knox Estate, inset Rusty Knox proceedings. (NC Gen. Stat. § 42-25.6.) Any attempt to name at the residence. In the Knox case, they were able to evict a tenant without a court order get in because a door key was hidden constitutes a self-eviction or a “selfhelp” eviction and the rightful propon the porch. Squatters are people who move into erty owner can be held liable. The former District 98 Representaabandoned, foreclosed, or otherwise tive explains that a landlord simply unoccupied homes or premises. Gencannot change locks, disconnect utilierally, under United States law, the ties and forcibly remove someone. rightful owners can have a squatter “North Carolina requires a summary evicted for violating loitering or tresejection action—aka eviction—where passing laws, unless the squatters can the courts have the authority to grant establish that they have tenants’ rights, possession,” he says. or can gain adverse possession due to This often takes 45-60 days start to the property having been completely fi nish, which can have disastrous reabandoned by the owner. sults for the property involved. Squatters openly take possession; Hiring an eviction attorney is the trespassers break windows and doors


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H OT PROPERTIES

best course of action. Bradford has other pointers for those who find themselves with a vacant property, for any reason ranging from a tenant moving out to a death in the family. • Be cautious about giving a lock box code over the phone to allow selfshowings. This means the prospects are unaccompanied and, while unlikely, can possibly move in and take possession unbeknownst to the landlord. • Check the property regularly to ensure it is secure during vacancy. If you find it occupied call the police immediately. • Utilize local law enforcement if someone is occupying your property and law enforcement will be able to let you know if they can forcibly remove the trespasser (or squatter) or not. There are a variety of challenging things that can befall a prudent homeowner besides crabgrass.

Encroachments

ON T HE R ECORD

February 2019

Encroachments like a neighbor’s fence should be spotted during a proper survey, says closing attorney Justin Ckezepis in Huntersville. “The most common situation for encroachment violations we see are fences. A lot of people want to fence in their backyard. When developers develop neighborhoods, part of the process is to determine the setback lines for each individual lot. Without having someone survey the property, there is no way to know the exact dimensions that a fence would be allowable on the property—if at all,” Ckezepis Ckezepis said. Closings can fall apart over a matter of inches. “Also, something I have noticed over my years as an attorney, there are some developers who appeared to ignore setback and lot line requirements. Several transactions have involved explaining to buyers and sellers that though the seller did not alter the home they are living in, when the developer built the home they did not follow the required set back and/or lot lines required by the city or town. When that situation occurs, buyers

and sellers are left with the option of applying for an administrative waiver from the city or town, terminating the transaction, or accepting it as-is with the understanding that the buyer has no title insurance coverage for the matter,” Ckezepis said. The same also applies for impervious area restrictions. We all love outdoor living spaces. However, the maximum amount of useable ground area may already be in use. A survey is the only way to know if that is the case.

Beware homeowners insurance coverage Disasters await even befall those with excellent homeowners insurance. The latest hot topic is the treatment of home-sharing exposures. The Insurance Services Office broadened endorsements due to the influx of homeowners renting their dwelling using a home-sharing network like Airbnb or VRBO. The North Carolina Rate Bureau, the authority that oversees rate and forms for the state’s insurers has adopted new forms effective Jan 1, 2019, clarifying there is no coverage for homesharing host activities. Insurance companies will be quick to adopt these new forms and will be including Policyholder Notices with their policy mailings. “If these notices follow the trend of flood and earthquake, most policyholders will not take notice,” said Denis Bilodeau, an insurance executive with Hood Hargett in Cornelius. Insurance company underwriters will most likely vary in their response. “Clearly, if you are taking advantage of the home-sharing phenomena, it’s time to check in with your insurance agent,” Bilodeau said. Homeowners insurance policies have exclusions if you fail to maintain reasonable heat in an empty dwelling. It has been vacant for Bilodeau more than 60 consecutive days, there is no coverage for vandalism and malicious mischief or any ensuing loss, including a potential fire.

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21


Business Today

22 February 2019 Coal Story continued from page 1

with The Knox Group in Huntersville, said concern about proximity to coal ash basins isn’t a major topic of discussion among his clients, even with a recent sale of property near Marshall. “It wasn’t something that I feel impacted the sale,” Knox said, adding that the utility would be accountable for devaluation. “If property values drop, then everybody should have some claim against Duke for loss of value.” Because of the region’s reliance on coal to produce energy, residents in the southeast United States are more likely to live near aging coal ash ponds, according to SoutheastCoalAsh.org, a group of environmental and community groups working to raise awareness about coal ash ponds and look for legal pathways to hold utility companies responsible for environmental damage. Knox acknowledged that commercial investors may not tend to have the same questions about potential toxins as residential buyers would. “People are worried about it but don’t know enough about it to be concerned,” he said. “The fear of the unknown is worse than the known.” Perhaps, but as DEQ, and grassroots groups demand scrutiny of utilities’ waste management practices, the realm of what’s unknown is shrinking. Last year, a group spearheaded by Mooresville mom Susan Wind started a discussion of suspected cancer clusters in Iredell County after her teenage daughter, among an alarming number of other young people in two Mooresville ZIP codes, had been diagnosed with thyroid cancer. More than 350 residents attended the third of DEQ’s public meetings, held Jan. 17 at Sherrills Ford Elementary School, just three miles from Marshall. Of Duke Energy’s 14 coal-fired plants in North Carolina, Marshall has more than a quarter of the coal ash: 16 million tons in an unlined disposal pond and about 14 million more elsewhere at the Marshall facility. By comparison, the municipal waste for the entire state is about 14 million tons per year, said DEQ Waste Management Division Permitting Branch Supervisor Ed Mussler. In November, Duke Energy provided a closure options analysis to the DEQ that included a community impact analysis and groundwater modeling. Groundwater monitoring data released by Duke Energy last March indicated high levels of radium and thal-

Editor Dave Yochum nebiztoday@gmail.com

Coal Ash Basin, Catawba, NC lium near its coal ash site, in addition to high levels of hexavalent chromium and other contaminants associated with coal ash in nearby wells. The 2014 Coal Ash Management Act requires Duke Energy to safely dispose of coal ash. The DEQ will continue to take public comments through Feb. 15 and will complete its review by April 1. Duke Energy will then submit its final plans for closure of the coal ash basins by Aug. 1. “We are walking through the process of what is in the law,” said Sheila Holman, DEQ’s assistant secretary for the environment. Waste management officials from DEQ outlined three cleanup options for Marshall. The first is closure in place, in which coal ash remains in its current basin and is covered with a capping system to divert stormwater. According to Duke Energy estimates, this option will take about 15 years and cost $207 million. The utility also reports that this option will be least detrimental to the environment. The second option is closure by removal, or excavation. In this option, all coal ash will be moved to a lined landfill on site and covered. Of the three options, excavation has the highest pricetag--$1.06 billion—and will take the longest. To move that much coal ash would take more than 32 years, running the utility afoul of CAMA deadlines. The third option is a hybrid of the first two options and will reduce the coal ash basin’s footprint by almost 200 acres. Estimated cost is $387 million, with an expected completion in 14.5 years. A Mooresville resident who spoke at the meeting said that cleanup cost is not a factor, calling Duke Energy a profit machine. “Does Duke Energy intend to pay for this?” asked Barry Duckworth, who lives in Sherrills Ford. Holman said that it’s not the DEQ, but the North Carolina Utilities Commission, that will ultimately decide if Duke Energy is responsible for the cost of coal ash management.

The Utilities Commission ruled last year that Duke Energy could charge customers for $546 million in cleanup costs incurred by two of its North Carolina subsidiaries between 2015 and 2017. State Attorney General Josh Stein is appealing the ruling in the state Supreme Court. “Duke Energy knew coal ash was toxic for years and failed to act responsibly. Therefore, it’s wrong to put all the costs of cleaning it up on the people of North Carolina,” said Stein. But it’s not just cleanup costs that could impact consumers. “Property devaluation from water pollution is a gradual process that follows the progression of information on the extent and severity of a pollution event and news of how long the pollution is expected to persist,” said research biologist A. Dennis Lemly in a 2014 report about the Eden, N.C. coal ash spill into the Dan River in North Carolina and Virginia. Lemly estimated the total cost of the spill’s damage to the environment, recreation and human health at $2.95 billion. This figure did not include property devaluation estimates. As of yet, there’s no linkage between coal ash basins or any other environmental factor and the incidence of cancer in Iredell. But the discussion has come to the attention of the state Department of Health and Human Services which, along with county officials and the North Carolina Central Cancer Registry, are investigating the issue. In South Carolina, following legal action and public pressure, every unlined coal ash pond has been either excavated to dry, lined landfills, scheduled to be excavated, or recycled. Frank Holleman, an attorney with the Southern Environmental Law Center, has worked with the Catawba Riverkeeper to address coal ash pollution. He attended the public meeting in Sherrills Ford. “Are the people of North Carolina not entitled to the same protections?” Holleman said.

Production Director Darren Versace production.todaypubs@gmail.com Contributors Erica Batten, Dave Friedman, Cheryl Kane, Dave Vieser, Cathryn Piccirillo Sherman, Vickie Weant Phone 704-895-1335 The entirety of this newspaper is copyrighted by NorthEast Business Today, LLC 2018 with all rights reserved. Reproduction or use without permission of any content is prohibited. Business Today is an Equal Opportunity Employer. Business Today P.O. Box 2062 Cornelius, N.C. 28031 BACK ISSUES Payable by VISA & MASTERCARD. $6 (if available); $4 to mail FAXED ARTICLES - $5 per page PHOTOS - $100 REPRINTS - Reprints on high-quality , framable stock are available, starting at $65. NEWS AND CALENDAR ITEMS Business Today is a local business publication. If you have news items, they may be e-mailed to businesstodaync@gmail.com. Business Today is published on the first Friday of every month. SUBSCRIPTIONS May be purchased for $36. LETTERS TO THE EDITOR Do you have an opinion you’d like to share? We offer a forum for ideas, opinions and dissenting opinions. You can e-mail your thoughts to nebiztoday@gmail.com or mail to Business Today at P.O. Box 2062, Cornelius, N.C. 28031. Your letter, or a longer opinion piece, may be edited for brevity and/or clarity. Please include a phone number.

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NEWSMAKERS

b r e a k f a s t 2019 Property Revaluation Wednesday, February 20

The Peninsula Club $12 Includes Breakfast 7:30 am - 9:00 am RSVP Required

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704.895.1335

Mecklenburg County Assessor Presenting Sponsor:

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Lance Carlyle 704-252-0237

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Terry Donahue 321-402-8543

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