By a 7-2 vote, the Guilford County Board of Commissioners approved the use of hotel tax revenue to help fund Greensboro’s proposed downtown performing arts center. Commissioners Jeff Phillips and Alan Branson were the lone ‘no’ votes.
The seven other commissioners voted to approve in spite of the fact that City Manager Denise Turner admitted the “center is expected to have operating losses,” but “the shortfall will be paid through parking or other fees.”
She believes that, does she?
Update: Roth’s regular Friday memo with GPAC’s frequently asked questions. City staff projects an initial operating deficit of $388,000, with one alternative to offset the debt being demolition of War Memorial Auditorium to convert to premium parking for the Greensboro Coliseum Complex. When you think about that and the premium parking revenue at the new site, you thank heaven for automobile.
