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By EMILY FORD, Salisbury Post

KANNAPOLIS, N.C. — The top business recruiter for the glossed over problems facing the biotech complex during a presentation to the Salisbury Rotary Club last week.

Clyde Higgs, vice president for business development for the Research Campus, included the Cabarrus Health Alliance in a list of tenants at the campus. But it’s not clear when, or if, Cabarrus County’s public health department will relocate near the Research Campus.

Officials had hoped by now to have a new, $15 million health alliance building across the street from the campus. A unique funding method called tax-increment financing, or TIF, bonds was supposed to provide $168 million for infrastructure improvements around the campus, including the health alliance.

But the economic crisis caused the TIF market to dry up, and the city of Kannapolis never sold the bonds. Higgs, however, included the $168 million package in his list of three "funding streams" for the campus, in addition to founder David Murdock and the state of North Carolina.

For details, see the report.