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ONLY ON 3: Vice Chair of new Wilmington Ballpark Coalition quits after WWAY asks questions

WILMINGTON, NC (WWAY) — We told you yesterday about a new group supporting the City of Wilmington in its plans to bring a ballpark to town. Today, the vice chair of the Wilmington Ballpark Coalition resigned after WWAY started asking questions about his involvement.

James Hundley Sr. was the vice chair of the Wilmington Ballpark Coalition. He also sat on the Board of Directors of Cooperative Bank, which went under in 2009.

The Federal Deposit Insurance Corporative is suing Hundley, the rest of the board, as well as the bank’s former chief for “neglect of duty” and a total of $33 million, including $4.48 million from Hundley.

The WBC announced today that Hundley is not guilty of the actions he is accused of, but to avoid any distraction he will quit the volunteer group.

Rich Neumann of Mandalay Baseball Properties, which wants to run a team here, was in town today. He said he did not know about the lawsuit or if this affected the coalition’s credibility. He says the group will continue to grow once information is released.

“Once all the information is out there, once all the facts are out there as opposed to opinions or hearsay, rumor, people can make a very educated assessment if it’s a good deal or not a good deal for the City of Wilmington,” Neumann said.

Neumann says his company always faces opposition when proposing ballparks in communities, but he says the Wilmington opposition is louder than they are used to.

More: continued here

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