City Of Greenboro: April 19 City Council Recap

Greensboro NC

20 April, 2022

2:48 PM

Description

Press release from the City of Greensboro: 04/19/2022 9:08 PM The Greensboro City Council approved a resolution to take action needed to hold a bond for voters to consider approving up to $135 million in General Obligation Bonds for proposed City projects. The referendum will be held on July 26 as part of the City's general election. Resident may vote "yes" or "no" on five separate bonds: $30 million for Housing & Community Development $70 million for Community Services and Parks & Recreation $14 million Firefighting Equipment & Facilities $6 million Law Enforcement Equipment & Facilities $15 million Transportation If a majority of voters cast a "yes" vote for an individual bond, the City will be authorized to borrow funds for that purpose. A portion of Bragg Street, between Martin Luther King Jr. Drive and South Elm Street, was unanimously approved to be renamed Carolyn Coleman Way in honor of the former Guilford County Commissioner. Property off US Highway 29 North and west of Tier View Trail was rezoned and annexed to allow for construction of up to 284 single family homes. More property was rezoned and annexed to accommodate a maximum of 418 residential units for property east of Randleman Road, south of Coelfield Road and south of Peppercorn Road. Nearly $27 million was approved to support ongoing design and construction activities required to extend water and sewer service, including building an elevated water tank at the Greensboro-Randolph Megasite. In December 2021, Toyota announced its plans to build a $1.3 billion electric vehicle battery plant at the megasite. The Greensboro Police Department will continue to provide School Safety Resource Officers (SRO) to provide services for the Guilford County Board of Education and certain Guilford County school campuses. The Guilford County Board of Education will reimburse the City $1,573,491 for a portion of the costs for 17 officers and three sworn supervisors. Lastly, Council passed an ordinance to increase the Performing Arts Fund by $12 million to allow for additional expenses and revenues related to more events and activities than were anticipated. Additional revenues will offset these appropriations. The Greensboro City Council approved a resolution to take action needed to hold a bond for voters to consider approving up to $135 million in General Obligation Bonds for proposed City projects. The referendum will be held on July 26 as part of the City's general election. Resident may vote "yes" or "no" on five separate bonds: $30 million for Housing & Community Development $70 million for Community Services and Parks & Recreation $14 million Firefighting Equipment & Facilities $6 million Law Enforcement Equipment & Facilities $15 million Transportation If a majority of voters cast a "yes" vote for an individual bond, the City will be authorized to borrow funds for that purpose. A portion of Bragg Street, between Martin Luther King Jr. Drive and South Elm Street, was unanimously approved to be renamed Carolyn Coleman Way in honor of the former Guilford County Commissioner. Property off US Highway 29 North and west of Tier View Trail was rezoned and annexed to allow for construction of up to 284 single family homes. More property was rezoned and annexed to accommodate a maximum of 418 residential units for property east of Randleman Road, south of Coelfield Road and south of Peppercorn Road. Nearly $27 million was approved to support ongoing design and construction activities required to extend water and sewer service, including building an elevated water tank at the Greensboro-Randolph Megasite. In December 2021, Toyota announced its plans to build a $1.3 billion electric vehicle battery plant at the megasite. The Greensboro Police Department will continue to provide School Safety Resource Officers (SRO) to provide services for the Guilford County Board of Education and certain Guilford County school campuses. The Guilford County Board of Education will reimburse the City $1,573,491 for a portion of the costs for 17 officers and three sworn supervisors. Lastly, Council passed an ordinance to increase the Performing Arts Fund by $12 million to allow for additional expenses and revenues related to more events and activities than were anticipated. Additional revenues will offset these appropriations. This press release was produced by the City of Greensboro. The views expressed here are the author's own.