In the consent agenda.
Doesn't say why.
Doesn't say who is getting the money.
Resolution Approving Bid in the Amount of $590,000 and Authorizing
Contract 2014-112 With Shelco Construction Company for the
Greensboro Aquatic Center (GAC) Pool Deck Expansion
In the consent agenda.
The Coliseum Complex proposes to allocate $465,000 in future contracted GAC Rental revenues from 13 contracted large Meets combined with a $111,800 Facility Improvement Grant from Ticketmaster to fund these necessary improvements that need to be completed by March 15 in time for the NCAA Division 1 Women’s National Championship, the first of three NCAA events over the next four years.
2014 December AT&T Senior National Championships
2015 Div. I NCAA Women’s National Championships
2015 YMCA Short Course National Championships
2015 USA Diving Synchro National Championships
2015 USA Synchronized Junior Olympics
2015 USA Swimming Futures Nationals
2016 ACC Conference M & W Swimming & Diving Championships
2016 Div.lll NCAA Men’s & Women’s Championships
2016 YMCA Short Course National Championships
2015 US Masters Short Course National Championships
2017 YMCA Short Course National Championships
2017 ACC Conference Swimming & Diving
2018 Div. II NCAA Swimming & Diving National Championships
GAC Major Meets Rental Revenue Sub Total $465,000
Ticketmaster Facility Improvement Grant $111,800
Total GAC West Deck Improvement Project Funding $576,800.00
Ordinance in the Amount of $590,000 Amending the Coliseum Capital Project Fund Budget
Budget Adjustments Approved by Budget Officer
2015073 PARKS AND RECREATION $2,519
CAPITAL LEASES 101-5003-02 . 5251 $ 1,855 $0
MAINTENANCE & REPAIR - OTHER 101-5003-02 . 5627 $ 664 $10,861
BUILDINGS 101-5022-50 6013 . $2,519 $2,519
Golf Course Maintenance - Move M&O funding to capital to cover the change order for completion of construction
contract #2013-1250 (Bar Construction) for the Gillespie Street Golf Course Restroom Facilities
In addition to the powers granted by G.S. 160A‑456, any city is authorized, either as a part of a community development program or independently thereof, and without the necessity of compliance with the Urban Redevelopment Law, to exercise the following powers:
(3) To retain property so acquired for public purposes, or to dispose, through sale, lease, or otherwise, of any property so acquired to any person, firm, corporation, or governmental unit; provided, the disposition of such property shall be undertaken in accordance with the procedures of Article 12 of this Chapter, or the procedures of G.S. 160A‑514, or any applicable local act or charter provision modifying such procedures; or subsection (4) of this section.
(4) To sell, exchange, or otherwise transfer real property or any interest therein in a community development project area to any redeveloperat private sale for residential, recreational, commercial, industrial or other uses or for public use in accordance with the community development plan, subject to such covenants, conditions and restrictions as may be deemed to bein the public interest or to carry out the purposes of this Article; provided that such sale, exchange or other transfer, and any agreement relating thereto, may be made only after approval of the municipal governing body and after apublic hearing; a notice of the public hearing shall be given once a week for two successive weeks in a newspaper having general circulation in the municipality, and the notice shall be published the first time not less than 10 days nor more than 25 days preceding the public hearing; and the notice shall disclose the terms of the sale, exchange or transfer. At the public hearing the appraised value of the property to be sold, exchanged or transferred shall be disclosed; and the consideration for the conveyance shall not be less than the appraised value. (1977, c. 660, s. 1; 1983,c. 797, ss. 1, 2.)
"Such conveyance shall be for such consideration as may be agreed upon by the commission and the association or corporation, which shall not be less than the fair value of the property agreed upon by a committee of three professional real estate appraisers currently practicing in the State."