TITLE
Title
PUBLIC HEARING TO CONSIDER ALLOCATION OF FUNDING TO DOWNTOWN GREENSBORO, INC
end
SPONSOR
Sponsor
Zach Matheny
end
BACKGROUND
Background
The purpose of the hearing will be to receive public input on the proposed allocation of funds for the following Economic Development Incentive Grants:
Downtown Greensboro, Inc in the amount of $50,000 to support downtown Greensboro economic development activities through the creation of a downtown strategic development plan.
end
BUDGET IMPACT
Budget Impact
Budget Ordinance Amendment
General Fund
$50,000 Decrease County Administration (Manager's Contingency)
$50,000 Increase Economic Development & Assistance
end
REQUESTED ACTION
Requested Action
Hold a Public Hearing to receive public input on the proposed allocation of funds for an Economic Development Incentive Grant to Downtown Greensboro, Inc. in the amount of $50,000 to support its economic development activities through the creation of a downtown strategic development plan, approve a decrease of $50,000 in County Administration (Manager's Contingency) and increase the Economic Development & Assistance budget by the same amount.
end