These folks harmed our City, and soiled what reputation we had
before purposefully misleading and voting for a fraud.
A fraud which led to securities law violations after the sale of the bonds.
Greensboro Police case 2018 05 21 046
SEC case 15278-096-742
Matt Brown, Kathy Manning, Walker Sanders and the City left out $23,108,494.98 in interest costs when Greensboro's City Council voted on the debt.
Safe save STPAC fraud
http://greensboroperformingarts.blogspot.com/2018/05/safe-save-stpac-fraud.html
How to mislead a community on $23,108,494.98 Publicly Funded TPAC costs, by Greensboro's City Council, Staff and the 'Private Donors' who knew and said nothing
http://greensboroperformingarts.blogspot.com/2018/02/how-to-mislead-community-on-2310849498.html
The math in Matt Brown's email and what was presented to the public on STPAC is the same
http://greensboroperformingarts.blogspot.com/2018/05/the-math-in-matt-browns-email-and-what.html
Proof of Control Fraud by Kathy Manning, City of Greensboro's Matt Brown, CFGG's Walker Sanders and everyone else who knew and didn't say anything, especially the elected officials who voted for it
http://greensboroperformingarts.blogspot.com/2018/05/proof-of-control-fraud-by-kathy-manning.html
Matt Brown sold City Council on math showing 330 VIP parking spots selling out at $18 a piece for 12 Student Plays or Concerts and 11 Dance Recitals and Talent Competitions which are not projected to have ticket fees, and then everyone voted for it except Sharon Hightower after mayor Nancy Vaughan assured the Council and the public it was a good finance plan.
Matt Brown told City Council the debt would be paid by charging $18 per VIP spot for 150 shows per year, by selling out all the 330 VIP parking spots for all the shows, even including those with no ticket charges.
Rick Lusk oversaw a proposal to City Council which justified a finance scheme without including interest costs.
Greensboro's Finance Department sold North Carolina's Local Government Commission on math showing 330 VIP parking spots selling out at $20 a piece for 142 events.
Greensboro's Finance Department sold North Carolina's Local Government Commission on math showing 330 VIP parking spots selling out at $20 a piece for 142 events.
Greensboro's Finance Department sold North Carolina's Local Government Commission on math showing 50% of all the expected vehicles coming to shows at the STPAC would pay $5 exclusively at City owned parking decks, on top of the 330 VIP spots sold out at each paid for admission show. Meaning the City told the state government 281 cars per show would be parked in City owned decks paying $5 a piece, while 330 VIP spots sold out for each show, each paying $20 a piece.
The Marriott parking deck has 790 spaces across the street.
The City expects to sell more parking spaces than vehicles expected to show up for each show, with none of them parking anywhere else.
There are 488 on street parking spaces within 1,200 feet of the STPAC site, which the City determined and informed North Carolina's Local Government Commission not one patron of 142 shows will park in.
The United Guarantee parking deck has 282 parking spots.
VF has 319, and etc..., and most of City Council knew, or should have known.
Roy Carroll's new hotel parking, and Randall Kaplan and Kathy Manning's new hotel parking, and the parking across the street from Randall and Greg Dillon's hotel and the News and Record property, which Greg Dillon has a contract on.
Guess who stands to profit from the building of the performing arts center?
