Submitted by ma_lashley (not verified) on Thu, 06/07/2012 - 4:59pm.
You neglected to mention that of the proposed $43 million for the peforming arts center (which is not a done deal either, if you see that they inked the deal and will break ground, cite the link) depends upon private AND public investment. When the city is building something with public investment it's not necessarily economic development. The city of Greensboro is going to have to ask permission from residents for a bond referendum for more than half of the remaining construction costs.
Greensboro's Performing Art's Center
You neglected to mention that of the proposed $43 million for the peforming arts center (which is not a done deal either, if you see that they inked the deal and will break ground, cite the link) depends upon private AND public investment. When the city is building something with public investment it's not necessarily economic development. The city of Greensboro is going to have to ask permission from residents for a bond referendum for more than half of the remaining construction costs.