By EMILY FORD, Salisbury Post

KANNAPOLIS, N.C. — Tuesday will be pivotal for the stalled $30 million tax increment bond package for the

First up Tuesday, Standard & Poor’s will tour the Research Campus to consider assigning an investment grade rating to the TIF bonds. The bonds would pay for improvements at the life sciences complex owned by Dole Food Co. chairman David Murdock.

Later Tuesday, Cabarrus County commissioners will discuss the bond package and whether they still support a new building for the Cabarrus Health Alliance.

The city of Kannapolis, which would issue the bonds, asked Standard & Poor’s to rate them, making them more appealing to investors and helping the city secure a lower interest rate.

For details, read the

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