Cornelius News
COVID-19 will affect tenants, landlords
March 24. By Dave Yochum. When it comes to real estate, tenants and landlords are hurting. And it’s not just residential, it’s commercial, too. Indeed, there is growing anxiety among tenants and landlords alike as the COVID-19 pandemic continues to spread. Can tenants—commercial or residential—continue to pay? Can landlords cover their mortgages and other expenses? […]
SEC on the lookout for insider trading in light of COVID-19
March 24. By Dave Yochum. Soon after US Sen. Richard Burr’s stock sales came to light, the Securities & Exchange Commission has issued guidance around trading on the basis of insider information. “We wish to emphasize the importance of maintaining market integrity and following corporate controls and procedures. For example, in these dynamic circumstances, corporate […]
Closure of ‘non-essential’ businesses
March 23. The governor is ordering more businesses to close, effective 5 pm March 25. The businesses include: Hair and nail salons, barbershops, gyms, theaters, sweepstakes parlors and massage therapists. The governor has requested that they close as soon as possible but no later than 5 pm Wednesday. On Monday, Rooster’s was closed, but Great […]
Monday Update
March 23. By Dave Yochum. Please support your local merchants and eateries—the small businesses that employ so many of us. At the same time, beware of individuals and businesses selling fake cures for Covid-19 online as well as phishing emails from entities posing as the World Health Organization or the Centers for Disease Control. It’s […]
Covid-19 cases jump county-wide, 1-3 in Cornelius
March 23. By Dave Yochum. There are 97 confirmed cases of Covid-19 in Mecklenburg County, with 1-3 of them in Cornelius, according to Mecklenburg County officials. The number of cases is going up rapidly; there were only 80 cases Sunday evening. Test results are coming in slowly, according to Public Health Director Gibbie Harris. At […]
Covid-19 fall-out will affect town budget
March 23. By Dave Vieser. Just a few weeks ago, the major budget decision facing Cornelius commissioners was whether a tax increase might be needed starting July 1. The world has changed in the past month and there’s some speculation now on whether municipal budgets can be formulated accurately between now and June 30, given […]
Tax deadline extended to July 15
March 21. The North Carolina Department of Revenue (NCDOR) will extend the April 15 tax filing deadline to July 15 for individual, corporate, and franchise taxes to mirror the announced deadline change from the Internal Revenue Service. “Taxpayers need relief during this difficult time and my administration is bringing it,” Gov. Roy Cooper said. “I […]
A Little bit of normal, a fair amount of angst
March 22. By Dave Yochum. As of 4 pm Saturday, there were 246 positive cases in NC. That’s an increase of 109 cases from yesterday—a nearly 80 percent increase in one day. Grocers are saying you don’t need to hoard food. ”Just shop when you need to and try and keep your distance from folks,” says […]
Message from the Mayor
March 22. By Woody Washam, mayor of Cornelius. The past two weeks have been unprecedented in many ways. Our leaders have had to make difficult decisions that impact the daily lives of all citizens and will leave a lasting impression on communities around the world. And yet, in the midst of school and business closures […]
