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The Daily Tar Heel breaks a story today that UNC President Erskine Bowles leads the board of directors of a real estate development company that just won a no-bid contract from a UNC controlled group to redevelop property in downtown Chapel Hill.
UNC-system President Erskine Bowles leads the board of directors of the company that was chosen to develop University Square through a closed process.
But University representatives said his relationship with Cousins Properties did not have any effect on the decision to hire the company to develop the 12-acre space acquired last year by the UNC-Chapel Hill Foundation.
Even if there really is no conflict, isn’t the sheer appearance of one seem like something UNC would want to avoid?
