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ORDINANCE IN THE AMOUNT OF $11,683,590 AMENDING THE PERFORMING ARTS CENTER PROJECT FUND
Premium Parking - At Former Coliseum Auditorium Site
Budget; $669,000.00
Actual; $0.00
Donations & Contributions - For Design (CFGG)
Budget; $5,000,000.00
Actual; $1,508,971.87
The Community Foundation of Greater Greensboro (CFGG)
was supposed to put up the first $5,000,000 and didn't
No one knows how much the private money has actually been collected
No one knows how much the privately raised money is currently invested in
No one knows how much the money is being skimmed by CFGG in fees
No one knows if all the money needed has been raised
White elephant
Misrepresentation
Purposeful fraud upon Greensboro's taxpayers
if Council and CFGG don't come up with the promised money
which appears to not have happened if CFGG hasn't come up with the initial $500,000,000
as promised
