Greensboro Mayor Robbie Perkins spoke at the end of the meeting in glowing support of GPAC, saying, “the only thing I can say is wow.” He also said that whether or not the center would be built had gone from a question of “if we can pull this off” to a question of “when it opens.”
No bond referendum, because it wouldn’t pass. So City Finance Director Rick Lusk is pushing general obligation bonds so the city can pony up its $40 million share. General fund dollars would service $20 million, with hotel-motel taxes servicing another $10 million, while the remaining $10 million “would be financed through a variety of methods that are not exactly nailed down yet,” as John Hammer puts it.
Meanwhile, the task force also announced a bequest from the LeBauer family for an ‘outdoor component’ to the performing arts center. That would be in addition to the already existing Center City Park and Festival Park, all between Friendly Ave. and Lindsay Street. Think I once heard someone say a city can’t have too many parks, but one can’t help but wonder….