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Read. Follow. Verify.Approval of $3.075 Million Contract for Downtown Greensboro Business Improvement District
Record date · June 15, 2021
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What This Bill Does
The Greensboro City Council has approved a $3,075,000 contract with Downtown Greensboro Inc. to manage and operate the city's . This formalizes the financial agreement and administrative oversight for downtown development services.
This authorizes the expenditure of $3,075,000 in city funds to be managed by Downtown Greensboro Inc. for the maintenance and promotion of the downtown district.
Who It Affects
Groups the bill's text affects, as described in the record. Being affected is not a position for or against it.
Downtown Greensboro Inc.
They are the primary contractor responsible for managing the BID and receiving the $3,075,000 in funds.
Downtown Greensboro business owners
These businesses are located within the BID and are subject to the management and services provided under this contract.
Key Facts
- The City Council approved a contract worth $3,075,000.
- The contract is between the City of Greensboro and Downtown Greensboro Inc.
- The purpose of the contract is to manage the Downtown Business Improvement District (BID).
- The resolution is filed under ID 21-0437.
Show all 6 facts
- The resolution was introduced on May 24, 2021.
- The status of the resolution is recorded as Passed.
Frequently Asked Questions
What is a Business Improvement District (BID)?
Who is receiving the $3,075,000 in funding?
What else do you want to know?
News Coverage
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Votes, people, money & the original sourceFull breakdown
Who this bill affects and the strongest case for and against it, written only from the bill’s own text.
Discoveries
Patterns POLISCOPE noticed across the record. These are observations to investigate, not conclusions.
Public-Private Partnership
The city is outsourcing the management of a specific downtown district to a private non-profit entity, Downtown Greensboro Inc., via a multi-million dollar contract.
Connected Entities
Sources
webapi.legistar.com
Analysis Score
0–100- Significance65How much this matters to a regular citizen
- Controversy20Intensity of disagreement among stakeholders
- Entertainment5Compellingness for a non-policy-wonk reader
- Buzz15Current news / social attention level
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