OK, it’s not a done deal —it’s on the agenda for tonight’s Greensboro City Council meeting, but does anyone really doubt how the council will vote?
Bringing everyone up to speed, in 2011 the council approved the $1.2 million loan to help the Nussbaum Center for Entrepreneurship relocate to its new South Elm-Eugene Street address. Earlier this year, the center requested and received an extension on payments, and with that extension due to expire at the start of 2014, the center is now requesting —imagine this — the loan be forgiven.
The vote in favor of the extension was 6-3, with council members Nancy Vaughan, Marikay Abuzaiter and Tony Wilkins objecting. I don’t see much swing in that vote.
Update: 7-2 vote with Vaughan voting ‘yes.’
