Sharyn Bovat is scared that Gannett wants to "hide the truth" People in the community do not know about NISSAN's excessive IDB debt. http://mariadevarennetennessean.com/
People do NOT know that NISSAN used an IDB loan as collateral, basically the collateral for a DOE loan for over a billion dollars is paid for by the "taxpayers"
Sharyn Bovat saw wasteful spending happening at NISSAN North America and spoke up because she LOVES America,
The below article was on the "public" Internet and was done by the DNJ and found by
a former NISSAN employee who KNOWS that the battery technology NISSAN is using is outdated. A person who wants DOE fraud to end. People have shared with me "issues" because they want America to succeed. The DOE funded a project that will not create the jobs promised.
Gannett has "removed" articles from the server AFTER Sharyn Bovat "blogs" about them. WHY?
Nissan will restructure a land-lease and tax-abatement agreement with the Rutherford County Industrial Board to account for its expansion to build electric cars and batteries at the Smyrna factory, company representatives told the IDB Wednesday morning.
The auto manufacturer’s tax abatement agreement for 884 acres runs through 2022. A new contract will re-examine the ending date and acknowledge that the lease agreement will serve as collateral for a $1.6 billion loan from the U.S. Department of Energy, Nissan consulting attorney Tom Sherrard said. “We definitely want to talk about it in more detail,” Sherrard said. He appeared before the board with three Nissan representatives who work at the company’s North American headquarters in Franklin.
Source:dnj.com
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