The dispute over the Charlotte City Council candidate’s involvement in the local construction company – WSOC TV – continues

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CHARLOTTE — The investment firm that owns RJ Leeper Construction seized former Charlotte City Councilman James Mitchell’s stake in the construction firm in March after Mitchell failed to repay a $375,000 loan. according to documents received from CBJ as part of a public records request.

mitchell told CBJ twicein separate interviews, in April he would be willing to reduce his stake in Leeper Construction below 10% if he is successful in his current campaign to win back a seat on the council.

This morning, Mitchell repeated those earlier statements in an interview with CBJ. He went on to say he disagreed with Leeper Construction’s stance and said his attorney told him he still retained a 25% stake in the company.

Mitchell said he didn’t respond to the investment firm because nothing had changed.

He has been adamant about his stake in Leeper Construction, even as a company executive and a key investor have said CBJ in previous reports that Mitchell no longer has an interest in the company. The distinction is important because of conflict of interest laws that could affect the city government’s ability to work with the construction company.

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