City Council Special Meeting

Melvin Municipal Building

300 W. Washington Street

Greensboro, NC 27401

City of Greensboro

Meeting Minutes - Final

City Council Special Meeting

10:00 AM Council ChamberFriday, March 15, 2019

I. Call To Order

This Special City Council meeting of the City of Greensboro was called to order at 10:00 a.m. on the above date in

the Council Chamber of the Melvin Municipal Office Building with the following members present:

Councilmember Marikay Abuzuaiter, Mayor Nancy Vaughan, Councilmember

Sharon Hightower, Mayor Pro-Tem Yvonne Johnson, Councilmember Michelle

Kennedy, Councilmember Tammi Thurm, and Councilmember Goldie Wells

Present 7 -

Councilmember Nancy Hoffmann, and Councilmember Justin OutlingAbsent 2 -

Also present were City Manager David Parrish,Deputy City Attorney Terri Jones, and City Clerk Angela Lord.

Mayor Vaughan confirmed that Councilmember Kennedy and Councilmember Wells were participating by phone.

Mayor Vaughan asked for motion to excuse Councilmember Hoffmann and Councilmember Outling.

Moved by Councilmember Abuzuaiter, seconded by Mayor Pro -Tem Johnson to excuse Councilmembers Hoffmann

and Outling from the meeting. The motion carried by voice vote.

II. Recognition of Courier

City Manager David Parrish recognized Kym Smith of the Transportation Department who served as Courier for the

meeting.

III. Public Hearing Agenda

ID 19-0173 Resolution Authorizing an Economic Development Incentive to Centric

Brands, Inc. in an Amount Not Exceeding $426,000

Mayor Vaughan stated this was the time and place set for a public hearing to consider a resolution authorizing an

Economic Development Incentive to Centric Brands, Inc. in an amount not exceeding $426,000.

City Manager Parrish spoke to the need for the special meeting; and recognized Economic Development and

Business Support Manager Kathi Dubel.

Ms. Dubel made a PowerPoint Presentation (PPP); spoke to a job-based incentive for Centric Brands, Inc.; to an

investment of approximately $2,000,000; to requirements, agreements, and Minority/Women Business Enterprise

(M/WBE) compliance; outlined incentive criteria; spoke to average wages; expected return on investments; to tax

revenue; highlighted the project location on South Elm Street; and spoke to a target for industry clusters.

Mayor Pro-Tem Johnson asked for confirmation on incentives for new or existing jobs to which Ms. Dubel confirmed

a portion of the incentive would be for approximately 213 new positions to Greensboro.

Ms. Dubel continued the PPP; outlined the recommendations for the performance -based incentive; spoke to

Economic Development (ED) incentive grant agreements; and to authorization of a $25,000 Building Reuse Grant.

Councilmember Hightower inquired about the type of jobs that would be offered; asked about skills sets and

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