Saturday, March 10, 2018

A financing update for the now $90 million Steven Tanger Center for the Performing Arts (STPAC), of which the City won't provide any details of underlying math, and won't provide anyone who knows to ask about it

The City won't say how much parking revenue is expected to come from how much parking.

The City won't provide current Hotel/Motel Tax fund revenue already designated for the project.

The City won't say what the Facility Fee ticket surcharge is expected to be.
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from: George
to: "Brenneman, Kurt"
"Westmoreland, Jim"
Thomas.Carruthers
"Druga, Marlene"
"Lusk, Rick"
"Moffett, Margaret"
Jeffrey Sykes
nancy.vaughan
Sharon Hightower
Justin Outling
"Abuzuaiter, Marikay"
date: Mon, Feb 19, 2018 at 6:24 PM
subject: Re: City of Greensboro Public Records Requests #7634, 7635, and 7636

I have asked for a meeting to explain this information twice or three times.

Please set up a meeting with someone who can go through this with me.

Thanks,

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Tue, Feb 20, 2018 at 8:43 AM

Dear Mr. Hartzman,

Good morning! I am locating someone who can review the financial statements provided in response to Public Records Requests #7634, 7635, and 7636 with you.

Many thanks,

Kurt Brenneman, PIRT Administrator
Libraries
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Sat, Feb 24, 2018 at 8:24 AM

How is the review person issue coming?

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Mon, Feb 26, 2018 at 1:33 PM

Dear Mr. Hartzman,

Thank you for your email! Greensboro Finance and Administrative Services should call you soon to assist. Please email me if you have not heard from them by Wednesday. Thank you!

Kurt
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Sun, Mar 4, 2018 at 8:20 AM

Haven't heard,

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Tue, Mar 6, 2018 at 9:52 AM

Dear Mr. Hartzman,

Hello! I apologize, and will follow up.
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Sat, Mar 10, 2018 at 7:10 AM

Saturday
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"Since construction of the facility is just now getting underway, there are no operations and therefore no “actual” revenue nor revenue amounts due to “growth/rate changes” to report in column (1) and column (2).  Upon review, the City should have placed a zero (0) in those columns to clarify that we intended to leave those columns blank.  The amounts reported in column (3) represent estimates of revenue and expenses for a full year, once operations commence.”

I hope this information is helpful to you.

Thanks,"

Kurt Brenneman, PIRT Administrator
Libraries


Mon, Mar 5, 2018 at 5:21 PM

Please provide the spreadsheet s underlying the numbers on revenue.

Thanks
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This says current Hotel Motel taxes are already designated and can be counted currently.


There is current actual revenue to report to the Local Government Commission, which wasn't.

Please advise

g