Piedmont's Triad Partnership's Triad First Capital has disappeared; Jim Melvin, Sam Simpson, David Powell etc...

The main website is gone;

http://www.triadfirstcapital.com/

The membership agreement is gone;

http://www.triadfirstcapital.com/wp-content/uploads/2014/03/TFC-Membership-Agreement.pdf

The investment strategy and process is gone

http://www.triadfirstcapital.com/investors/investment-strategy-and-process/

John Nixon's Triad First Capital profile is gone

http://johndnixon.com/triad-first-capital/
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TriadFirst Capital Inc
P.O. Box 1418
Greensboro, North Carolina 27402
United States
(336) 482-1766
www.triadfirstcapital.com

Company Description: TriadFirst Capital (TFC), a North Carolina non-profit corporation, has been established to seed and nurture a new generation of entrepreneurial leaders in the Triad region. We believe this is the single most important requirement for revitalizing and ultimately transforming the Triad economy. TFC is working toward this goal by: Recruiting and sponsoring entrepreneurs seeking to own or lead local companies. Organizing an investor network to fill the financing gap for local deals. Having TFC Partners take individual ownership (private equity) and operating positions in select Triad companies.

http://www.zoominfo.com/s/#!search/profile/company?companyId=368557921&targetid=profile
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Piedmont Triad Partnership's David Powell, Again We Were First

http://greensboroperformingarts.blogspot.com/2015/04/piedmont-triad-partnerships-david.html

WTF Jim Melvin, Jon Bell, Mark Brazil, Kevin Carter, Pat Danahey, Don Flow, Kelly King, Nido Qubein, Tim Rice, Kelly Stanhope and Robert Long?

http://greensboroperformingarts.blogspot.com/2015/01/wtf-jim-melvin.html

Who would be stupid enough to spend $22.5 million to get water and sewer to a Megasite, about 10 miles away from another that already has it?

http://greensboroperformingarts.blogspot.com/2015/02/who-would-be-stupid-enough-to-spend-225.html

Seeking more investors, Piedmont Angel Network adds new structure, brand

http://www.bizjournals.com/triad/blog/2014/01/seeking-more-investors-piedmont-angel.html?page=all

The 2014 10 to Watch: How did they fare? — David Powell

http://www.bizjournals.com/triad/print-edition/2015/01/02/2014-10-to-watch-how-did-they-fare-david.html?page=all

CEO David Powell continues to refine PTP goals

...Powell has also launched Triad First Capital “to seed and nurture a new generation of entrepreneurial leaders in the Triad region,” according to the group’s mission statement.

...Powell had culled PTP’s board from 46 members to 33, putting his first leadership team in place: Kelly King as board chair, Stan Kelly as secretary/treasurer, and Bobby Long, Nido Qubein and Allen Gant Jr. as first, second and third vice chairmen.

http://www.bizjournals.com/triad/print-edition/2014/06/06/cfo-david-powell-continues-to-refine-ptp-goals.html?page=all

John Hammer; "Mayor Nancy Vaughan had said that Melvin didn’t have any personal investment in the area that it was all Bryan Foundation money."

http://greensboroperformingarts.blogspot.com/2015/03/john-hammer-mayor-nancy-vaughan-had.html

Conflict of Interest Watch; "Next stage of megasite effort will be 'a different conversation'

http://greensboroperformingarts.blogspot.com/2015/03/conflict-of-interest-watch-next-stage.html

Zack Matheny and Mike Barber need to recuse themselves from the Megasite Water and Sewer vote

http://greensboroperformingarts.blogspot.com/2015/03/zack-matheny-and-mike-barber-need-to.html
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Ex-CEO cooperating with economic group on financial questions

Comments have been disabled.

http://www.news-record.com/business/ex-ceo-cooperating-with-economic-group-on-financial-questions/article_5c4279c2-e473-11e4-9e2d-0fe7c9b10bce.html
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The 2014 10 to Watch: How did they fare? — David Powell

...the Powell years, beginning in 2011, marked the end of PTP as a vessel for marketing the Triad regionally. Powell's predecessor, Don Kirkman, worked tirelessly and publicly (and often thanklessly) to advance the concept of the various Piedmont Triad counties working together to market themselves as a region.

But it was a suit that never quite fit Powell. He was less visible to the media and the public in general, and seemed from the beginning to reject the requirement that PTP market and represent such a large area, with so many seemingly conflicting needs among the various cities and counties.

Instead, Powell — with the blessings and funding of several top Triad executives including BB&T's Kelly King and former Greensboro mayor and banker Jim Melvin — bet big on two concepts: developing a megasite to attract what Powell called a "catalytic" project, like an automobile plant; and creating a group called Triad First Capital. TFC's mission is described as raising money and using it to "seed and nurture a new generation of entrepreneurial leaders in the Triad region."

As 2014 came to a close, Powell — working closely with Melvin and Greensboro real estate broker Sam Simpson — had success in piecing together options for about 1,350 acres in the Liberty area of Randolph County.

...the great uncertainty of attracting an auto plant.

...TFC, under Powell's guidance, has also to-date been relatively quiet.

http://www.bizjournals.com/triad/print-edition/2015/01/02/2014-10-to-watch-how-did-they-fare-david.html?full=true&page=all
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"David Powell reflects on finishing megasite work, life after PTP

As president and CEO of the Piedmont Triad Partnership, David Powell has spent a great deal of energy assembling land for a megasite in Randolph County that could house an auto manufacturer

Though Powell will no longer be president and CEO of PTP — former Wells Fargo exec Stanhope Kelly has been named to those posts on an interim basis — Powell said he has been asked by the PTP board to complete land assembly for the megasite over the next six months

...So far, PTP has been the only entity that has controlled the real estate associated with the project, said Sam Simpson, a broker with Simpson Commercial who has been hired to assemble the megasite land on behalf of the PTP.

A separate organizational structure for the megasite would represent the interests and views of all partners seeking a stake in the project.

...Powell said he plans on staying in the Triad to pursue the private commercial real estate business, and is already pursuing partnerships with several developers...

One of those development partners is Simpson. The two became friends through their work on the megasite project.

"Sam and I are looking at several different projects across the state of North Carolina to develop," Powell said."

http://www.bizjournals.com/triad/news/2015/01/14/david-powell-finishing-his-work-on-megasite.html?page=all
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David Powell
Principal at TriadFirst Capital

September 2012 – Present (2 years 8 months)

President/CEO
Piedmont Triad Partnership
September 2011 – February 2015 (3 years 6 months)

https://www.linkedin.com/pub/david-powell/45/4b7/810

David Powell on the Randolph County Megasite, his future business interests in the area, Triad First Capital, Sam Simpson and Jim Melvin

Powell — with the blessings and funding of several top Triad executives 

including BB&T's Kelly King and former Greensboro mayor and banker Jim Melvin

bet big on two concepts: developing a megasite to attract what Powell called a "catalytic" project, 

like an automobile plant; and creating a group called Triad First Capital. 

Sam Simpson

General Partner

TriadFirst Capital

April 2014 – Present (11 months)Greensboro/Winston-Salem, North Carolina Area

https://www.linkedin.com/pub/sam-simpson/11/979/376

TFC's mission is described as raising money and using it to 

"seed and nurture a new generation of entrepreneurial leaders in the Triad region."

As 2014 came to a close, Powell 

— working closely with Melvin and Greensboro real estate broker Sam Simpson 

— had success in piecing together options for about 1,350 acres 

in the Liberty area of Randolph County.

Triad Business Journal 

"Powell said he plans on staying in the Triad 

to pursue the private commercial real estate business.

He is pursuing partnerships with Simpson, 

as well as developers who have nothing to do with the Randolph County megasite."

"As well as", meaning Powell appeared to have plans 

to profit from the water and sewer between Greensboro and Randolph County

via a partnership with Sam Simpson

with what appears to be stolen money

with some kind of consent from Jim Melvin etc...

"I've been working on this since 2011," Powell said. 

If David Powell had been embezzling money since 2011

on top of a $326,000 salary, 

what was he doing with the money?

"It was my idea. 

It was something that I put a lot of risk into. 

"Risk" as in some of his allegedly stolen money into properties 

set to rise in value as he worked to get Greensboro hooked into water and sewer

south of town?

It's a great moment that the county stepped up. 

Now that they've stepped up, 

I think we are going to be able to entice other stakeholders to put money into it."

http://greensboroperformingarts.blogspot.com/2015/03/conflict-of-interest-watch-next-stage.html

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"In a bid to draw new investors into its fold, the Piedmont Angel Network is adding to its structure and launching a new brand name.

PAN, as the organization has been known for over a decade, is in the process of launching a sister organization to be known as Triad First Capital Network. That organization will be a membership group to which interested individuals will pay a membership fee in order to gain access to deals under consideration. The individual investor will decide whether to put his or her money into a particular company.

Powell put most of his energy into two projects;

the creation of a megasite with the aim of drawing an automaker or similar big employer, 

and the creation of TriadFirst, 

a group designed to help provide capital for growing local businesses.

Triad Business Journal 

...In committed capital funds, members pool their money upfront, then perform their due diligence and decide collectively whether or not to invest in a deal.

...since the group decided to join under the Piedmont Triad Partnership regional economic development umbrella last summer, it is now putting more focus on broadening both its reach and impact...

...Most of the deals that members of Triad First Capital Network will see will be traditional angel investments, but they'll also have some opportunities to take part in some other kinds of deals such as company recapitalizations or commercial real estate development. Those kinds of deals would flow through Triad First Capital Private Equity, a separate fund currently in the fundraising stage being spearheaded by PTP CEO David Powell and others.

...The expanded investor options should succeed in bringing new investors to the table..."

http://www.bizjournals.com/triad/blog/2014/01/seeking-more-investors-piedmont-angel.html?page=all

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"Triad First Capital

Investment Objective

At TFC, we seek to achieve financial returns for members

through private investments in select businesses and real estate assets

that we expect will benefit the Piedmont Triad region of North Carolina.

...At TFC, our management team believes that a principled investment approach,

combined with a disciplined investment process,

will yield the best outcomes for our members and the Triad.

...The Board includes local entrepreneurs and executives

capable of identifying and evaluating unique investment opportunities in the Triad,

who have extensive networks within the business,

banking, transaction service provider, investment, entrepreneurial, private equity,

and venture capital communities in the area...

...TFC will establish a separate limited liability company (“LLC”)

for each specific investment made by TFC members.

What did David Powell do with the money?

Each LLC will be managed by TFC.

An investing TFC member will become an LLC member of the LLC

in which the TFC member determines to make an investment."

http://greensboroperformingarts.blogspot.com/2015/01/wtf-jim-melvin.html

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On "Ex-Triad economic developer David Powell [buddies with Jim Melvin etc...] charged with four felonies" and links to the linked

http://greensboroperformingarts.blogspot.com/2016/01/on-ex-triad-economic-developer-david.html

The News and Record's Richard Barron on $2.3 million Greensboro taxpayer dollars for Jim Melvin, Sam Simpson, David Powell, Roy Carroll and friends

"Greensboro has now committed $2.3 million toward providing water and sewer service to the Greensboro-Randolph Megasite.

Why no mention of David Powell?

The Greensboro City Council Tuesday voted 7-2 to approve a contract with HDR Engineering Inc. for design work and environmental studies to extend city water and sewer to the site in the northeastern corner of Randolph County.

Why no mention of Sam Simpson's compensation?

Council members Tony Wilkins and Marikay Abuzuaiter voted “no.”

The City Council has not committed to the entire project, which would cost $22.5 million including 16.6 miles of water lines, 8 miles of sewer line and a sewer lift station.

Why no mention of the "private monies" involved?

The project includes building a water line and a sewer line south from Greensboro and another water line across southern Guilford County from Randleman Regional Reservoir.

Local and regional officials are buying land in an 1,800 acre area just south of the Guilford County Line they say would be suitable to recruit an auto manufacturer to North Carolina.

Randolph County currently owns 255 acres and will consider in June buying 170 more acres. The Greensboro-Randolph Megasite Foundation, which is coordinating the project, says it has control of the remainder of the land through purchase options.

Auto manufacturing plants use millions of gallons of water, so Greensboro has proposed water lines from the west and north to provide reliable service, according the city utility staff’s report to City Council.

The staff document says that water lines will cost $15 million and sewer will cost $5.3 million.
If approved, construction could begin as early as Sept. 1, 2016."

Richard M. Barron
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Why not design and build cars on the Piedmont Triad's 1,000 acres around the airport?

http://hartzman.blogspot.com/2014/02/why-not-design-and-build-cars-on.html

Randolph County Megasite Con Update

http://greensboroperformingarts.blogspot.com/2015/05/randolph-county-megasite-con-update.html

Who would be stupid enough to spend $22.5 million to get water and sewer to a Megasite, about 10 miles away from another that already has it?

http://greensboroperformingarts.blogspot.com/2015/02/who-would-be-stupid-enough-to-spend-225.html

John Hammer; "Mayor Nancy Vaughan had said that Melvin didn’t have any personal investment in the area that it was all Bryan Foundation money."

http://greensboroperformingarts.blogspot.com/2015/03/john-hammer-mayor-nancy-vaughan-had.html

"Melvin said [Megasite] funding, for now, is coming by way of the Bryan Foundation and private monies."

http://greensboroperformingarts.blogspot.com/2015/03/melvin-said-megasite-funding-for-now-is.html

Margin Debt and our local government pursuing illusions

http://greensboroperformingarts.blogspot.com/2015/03/margin-debt-and-our-local-government.html

Piedmont's Triad Partnership's Triad First Capital has disappeared; Jim Melvin, Sam Simpson, David Powell etc...

http://greensboroperformingarts.blogspot.com/2015/04/piedmonts-triad-partnerships-triad.html

"Wyndham Worldwide donates $100,000 to [Mike Barber's] First Tee [of the Triad, whose Board Member is Mark Brazil]"

http://greensboroperformingarts.blogspot.com/2015/04/wyndham-worldwide-donates-100000-to.html

Congratulations David Powell and Jim Melvin; "City approves $2.3M contract for megasite work"

http://greensboroperformingarts.blogspot.com/2015/05/congratulations-david-powell-and-jim.html

Possibly the dumbest political maneuvering ever seen at a Greensboro City Council Meeting

http://greensboroperformingarts.blogspot.com/2015/05/possibly-dumbest-political-maneuvering.html

John "Roy Carroll" Hammer isn't actually covering Jim Melvin and David Powell's Megasite project?

http://greensboroperformingarts.blogspot.com/2015/05/john-roy-carroll-hammer-isnt-actually.html

Zack Matheny Linkfest Etc..., Featuring Yes Weekly's Actual Journalist Jeff Sykes

http://greensboroperformingarts.blogspot.com/2015/06/zack-matheny-linkfest-etc.html

Mike Barber needs to recuse himself on Greensboro City Council's vote to replace Zack Matheny; Justin Outling Edition

http://greensboroperformingarts.blogspot.com/2015/06/mike-barber-needs-to-recuse-himself-on.html

Yes Weekly; "Powell embezzlement charges could have derailed megasite project"

“It is a miracle the mega-site project survived this,” said Sam Simpson, founder of Simpson Commercial, a real estate firm based in Greensboro, who worked with Powell on the mega-site project.

The News and Record never reported it

Simpson said Powell sold the mega-site idea to Jim Melvin, head of the Joseph M. Bryan Foundation, a former mayor of Greensboro and a member of the board of directors at PTP. Powell hired Simpson and attorney Robert David Joseph to oversee the land acquisition and development of the mega-site, Simpson said. But once the team was in place, Powell was not very involved in the mega-site project, Simpson said. Simpson brokered the deals and Joseph handled PTP’s legal work.

“He handed it off to us,” Simpson said. “And then, he was off to Triad First Capital.”

Triad First Capital was an investment fund started by Powell under the PTP regional economic development umbrella. According to Simpson, Powell planned to target companies with aging owners and match these companies with younger investors and provide capital for transition of ownership.

The News and Record never mentioned Triad First Capital

“There were a lot of people who were skeptical,” Simpson said. “I remember we met with a lot of companies, but never did anything.”

“Everyone was shocked looking around the room, first of all we didn’t think he was capable of doing that,” when the alleged theft was discovered, Simpson said. The discovery created a hurdle at a critical time in the mega-site deal, he said. The long-standing, local, individual reputations of Melvin, Joseph, and himself, convinced investors the accusations were “isolated to David (Powell), and gave us the benefit of the doubt.”

Powell became toxic in the business community. Simpson said the last time he spoke with Powell he said “There is a perfectly good explanation for everything that’s happened.” Simpson told him he hoped so and that “we couldn’t be associated with each other anymore until this is cleared up.”

...Andy Dreyfuss, former fund director of the Piedmont Angel Network (PAN), worked briefly with Powell when PTP absorbed the capital investment fund. Dreyfuss expected PTP to raise PAN’s profile in the investment community. Powell promised to lower their operating costs. Dreyfuss remembers Powell told him, “Well, tell me what your operating expenses are, I think I can help you with that.”

Dreyfuss began to think it wasn’t a great fit, as Powell focused investment in already established companies and less on start-ups. Powell was also frustrated by some of the procedural controls imposed by PAN’s board of directors, Dreyfuss said. A few months before Powell resigned from PTP, he ended the relationship with PAN. He told Dreyfuss PTP’s board didn’t want to do it anymore. Dreyfuss said Powell often “waffled and changed” his focus week to week.

Don't expect any more news on this subject from the News and Record,

as they are all in on the grift

...Forms filed with the NC Secretary of State reveal Triad First Capital LLC., Triad Advisors LLC., Whitaker Park Studios, LLC., Alpath LLC., and a dozen other companies related to the mega-site deal, and other development projects, were incorporated by David Joseph, attorney for PTP. Many of those companies have now been dissolved. Joseph, reached by phone, cited his legal duty to PTP and declined to comment."

http://yesweekly.com/Powell-embezzlement-charges-could-have-derailed-megasite-project-a24656/

A government big enough to give you everything you want is a government big enough to take from you everything you have. - Gerald Ford

— Famous-Quote.net (@famousquotenet) June 22, 2016

Conflict of Interest Watch; "Next stage of megasite effort will be 'a different conversation'

"David Powell, who has worked for years on the megasite assembly efforts, said the Piedmont Triad Partnership is already working with several undisclosed parties such as foundations to help raise funds for additional land acquisitions at the site.

How can Greensboro's City Council 

vote to fund a $22.5 plus million project

if they don't know who the "undisclosed parties" are?

...the next step will be to seek funding from several other potential stakeholders, including the state of North Carolina, the city of Greensboro and foundations such as the Golden Leaf Foundation.

...David Powell, who has been working for years on megasite assembly efforts, said Monday that the next step is to seek additional partners to raise funds for land acquisitions at a site that could grow to as large as 2,000 acres.

The Piedmont Triad Partnership now has about 1,300 acres under control in Randolph County.

Powell said PTP will approach other stakeholders, including state and local governments and local foundations, to raise funds for additional land.

"We're going to go to all the usual suspects that you need to go to for an economic development project," said Powell, who is transitioning out of his role as president and CEO of PTP while also helping to create a new organizational structure for the megasite that would represent the interests and views of all partners seeking a stake in the project.

...Powell said he has been asked by the PTP board to complete land assembly for the megasite over the next six months and work with various stakeholders to "consider all options" for its future organizational structure.

"stakeholders", as in whom

other than Jim Melvin and the Bryan Foundation?

...it was never the intent for the PTP itself to own, manage and market the property, Powell said.

Some of the options under discussion include the possibility of an existing entity that could manage, market and ultimately convey the megasite land to a private user such as an auto manufacturer.

For a price, 

around which "stakeholder" housing projects 

would spring up like bluegrass.

...Of course, whatever structure manifests itself will not have any type of profit-motive.

Bullshit.

...So far, PTP has been the only entity that has controlled the real estate associated with the project, said Sam Simpson, a broker with Simpson Commercial who has been hired to assemble the megasite land on behalf of the PTP.

My understanding is the Bryan Foundation's Jim Melvin

put up the money for the PTP.

A separate organizational structure for the megasite would represent the interests and views of all partners seeking a stake in the project.

...He is completing his work for PTP and ultimately will leave the organization entirely. Powell said he plans on staying in the Triad to pursue the private commercial real estate business.

Who would have thought?

He is pursuing partnerships with Simpson, as well as developers who have nothing to do with the Randolph County megasite."

"I've been working on this since 2011," Powell said. "It was my idea. It was something that I put a lot of risk into. It's a great moment that the county stepped up. Now that they've stepped up, I think we are going to be able to entice other stakeholders to put money into it."

http://www.bizjournals.com/triad/blog/morning-edition/2015/02/county-approves-4-2m-megasite-land-purchase.html

http://www.bizjournals.com/triad/print-edition/2015/01/16/david-powell-looking-toward-life-after-ptp.html?page=all

http://www.bizjournals.com/triad/print-edition/2015/02/06/next-stage-will-be-a-different-conversation.html
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"Mayor and Council:

...What must be considered is if a conflict of interest exists either under N.C.G.S. §§160A-75 or 14-234, or the City of Greensboro’s Charter, or the City’s Conflict of Interest Policy. ...Direct or indirect benefits are considered under the City’s conflict of interest policy and typically involve financial interests for the Councilmember, his or her immediate family, their partner, or an organization which employs or is about to employ the member, family member or partner...

Mujeeb

S. Mujeeb Shah-Khan
CITY ATTORNEY
OFFICE OF THE CITY ATTORNEY
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"No member shall be excused from voting except upon matters involving the consideration of the member's own financial interest or official conduct or on matters on which the member is prohibited from voting...

In all other cases, a failure to vote by a member who is physically present in the council chamber, or who has withdrawn without being excused by a majority vote of the remaining members present, shall be recorded as an affirmative vote..."

§ 160A‑75. Voting.
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"Any officer, department head or employee who has financial interest, direct or indirect, in any proposed contract with the city or in a proposed sale of any land, material, supplies, or services to the city or to a contractor supplying the city, shall make known that interest and shall refrain from voting upon or otherwise participating in the making of such contract or sale.

Any officer, department head, or employee who willfully conceals such a financial interest or willfully violates the requirements of this Section shall be guilty of malfeasance in office or position and shall forfeit his office or position.

Violation of this Section with the knowledge expressed or implied of the person or corporation contracting with or making a sale to the city shall render the contract void."

Sec. 4.131. - Conflict of interest: Greensboro Code of Ordinances, City Charter
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the "Ethical Responsibilities of the Governing Body of the City of Greensboro", passed on February 19, 1993 states; "The Mayor or any member of the City Council who has a financial interest, direct or indirect, in any official act or action before the Council shall, …disclose such interest and all material facts with respect there to the City Manager and City Attorney. In addition, he/she shall publicly disclose on the record of the Council the nature and extent of such interest, including the full disclosure of all such material facts, and shall withdraw from any consideration of the matter pursuant to sec. 4.131 of the City Charter."

And as Sec. 4.131. - "Conflict of interest: Greensboro Code of Ordinances" states; "Any officer, department head or employee who has financial interest, direct or indirect, in any proposed contract with the city … shall make known that interest and shall refrain from voting upon or otherwise participating in the making of such contract…”,

...Violation of this Section with the knowledge expressed or implied of the person or corporation contracting with or making a sale to the city shall render the contract void."

Sec. 4.131. - Conflict of interest: Greensboro Code of Ordinances, City Charter
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And as § 138A‑36 states; "Public servant participation in official actions ...no public servant...authorized to perform an official action requiring the exercise of discretion, shall participate in an official action by the employing entity if the public servant ...may incur a reasonably foreseeable financial benefit ...which financial benefit would impair the public servant's independence of judgment or from which it could reasonably be inferred that the financial benefit would influence the public servant's participation in the official action.

...A public servant shall take appropriate steps, ...to remove himself or herself to the extent necessary, to protect the public interest...from any proceeding in which the public servant's impartiality might reasonably be questioned due to the public servant's familial, personal, or financial relationship with a participant in the proceeding."
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Greensboro’s Ethics Code says that if there is an actual or possible financial interest, a Council Member is supposed to publicly disclose on the record of council, and the remaining Council members are supposed to decide if a conflict of interest exists.

The Policy says City Council Members be honest, impartial, fair and responsible.

Shah-Khan had ruled that former Mayor Robbie Perkins could not vote on a pass through subsidy for Roy Carroll from Guilford County because Perkins owned property (of which he apparently was not paying the mortgage payment) in Carroll’s Centre Pointe building.

If Greensboro’s Ethics Code says that if there is an actual or possible financial interest, City Council members are supposed to publicly disclose on the record of council, and the remaining Council members are supposed to decide if a conflict of interest exists, how can be up to the city attorney to decide who has an interest or conflict?

If a Greensboro City Council Member has a financial interest if the individual has, directly or indirectly, any actual or potential ownership, investment, or compensation arrangement with The City of Greensboro or with any entity that conducts transactions with The City of Greensboro, do the above statutes apply?

What does "indirect" financial interest mean?

Where are the disclosures on the "nature and extent of such interests"?

Is Greensboro's City Council, not the city manager or city attorney, responsible for deciding whether or not a city council member has a excusable conflict?

Is Greensboro's City Council the only entity that can excuse or allow a vote when there may or may not be a conflict of interest?

John Hammer; "Mayor Nancy Vaughan had said that Melvin didn’t have any personal investment in the area that it was all Bryan Foundation money."

As Mike Barber is a direct beneficiary of Bryan Foundation money

via First Tee of the Triad,

through which he pads his income along with Greensboro taxpayer support 

it appears Mike Barber had a conflict of interest

and should not have voted on item.

From Bryan Foundation funded Piedmont Triad Partnership's 2013 990;

THE FOCUS IN 2013 AND FORWARD IS ...ADMINISTRATION OF THE PIEDMONT ANGEL NETWORK STRATEGIC PROJECTS SUCH AS MEGA SITE FOCUSING ON PURCHASING LAND TO PROVIDE ECONOMIC DEVELOPMENT OPPORTUNITIES

Matheny is responsible 

for several of the most corrupt incentive packages 

ever passed by the City of Greensboro 

These days economic criminals even escape jail sentences, 

much less angry mobs. 

Voting in a new mayor changed nothing, 

we have no recourse but to wait for all to crumble 

and salvage what little remains.

Billy Jones

The group that’s buying land for the Greensboro-Randolph Megasite may soon form an authority of business people that would have the legal right to grant property to an automobile manufacturing company.

Who would be stupid enough to spend $22.5 million

to get water and sewer to a Megasite, 

about 10 miles away from another that already has it?

Former Greensboro Mayor Jim Melvin, chairman of a group that is accumulating parcels at a site in northwest Randolph County on the Guilford County line, said Wednesday that they control or own 1,200 acres — enough to qualify it as a megasite.

If an auto company does come,

it attracts development down 421, or so they think.  

In the much more likely event it does not come, 

they housing developers can then move out into the virgin farm land

on either side of 421 and down into Randolph.

Alan Ferguson

The group is part of the Piedmont Triad Partnership, a private, nonprofit economic development agency whose members are driving the project."

The last "Shovel Ready" money 

went directly to Zack Matheny and Nancy Vaughan's contributors.

How many times does it take to get scammed 

by some of our elected leadership

who are lining the pockets of their friends 

and campaign contributors?

"[David] Powell — with the blessings and funding of several top Triad executives including BB&T's Kelly King and former Greensboro mayor and banker Jim Melvin — bet big on two concepts: developing a megasite to attract what Powell called a "catalytic" project, like an automobile plant; and creating a group called Triad First Capital. TFC's mission is described as raising money and using it to "seed and nurture a new generation of entrepreneurial leaders in the Triad region."

No one would be that stupid, 

which is likely Mr. Hartzman’s point. 

"Stupidity" is not the cause for expending $22.5 million.

...the deployment of $22.5 million to a fledgling mega site, 

roughly 10 miles from a completed mega site, 

has nothing to do with free markets or capitalism. 

Win, lose or draw someone will make money at the expense of taxpayers.

Select and particular winners will emerge, at taxpayer expense. 

William Heasley

...As 2014 came to a close, Powell — working closely with Melvin and Greensboro real estate broker Sam Simpson — had success in piecing together options for about 1,350 acres in the Liberty area of Randolph County."

As a sitting City Councilman, Zack Matheny, 

in a violation of his oath of office and Greensboro's City Charter,

 has publicly applied to be the President of Downtown Greensboro, 

which receives monies from Jim Melvin's Bryan Foundation.

"...The Piedmont Angel Network [now part of the Bryan Foundation funded PTP] ...is in the process of launching a sister organization to be known as Triad First Capital Network. That organization will be a membership group to which interested individuals will pay a membership fee in order to gain access to deals under consideration. The individual investor will decide whether to put his or her money into a particular company.

There was no mention that I recall, 

of a ready to go megasite 10 miles from the Randolph site

at Tuesday's City Council meeting.

...There's a limited number of qualified angel investors in the Triad, Dreyfuss says, so PAN and PTP want to make sure they all can find a way to participate.

"The idea is to have multiple investment vehicles for them," Dreyfuss says...

Like land next to where Greensboro taxpayer funded

water and sewer lines run outside the city limits

to benefit "stakeholders" Nancy Vaughan says don't exist?

Most of the deals that members of Triad First Capital Network will see ...commercial real estate development. Those kinds of deals would flow through Triad First Capital Private Equity, a separate fund currently in the fundraising stage being spearheaded by PTP CEO David Powell and others.

...The expanded investor options should succeed in bringing new investors to the table...

...He said he's got a list of about 50 people he's talked to in the past year interested in joining a network like the one being launched..."
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"[Sam Simpson, David Powell and Jim Melvin's] Triad First Capital Investment Objective;

...to achieve financial returns for members through private investments in select businesses and real estate assets...

Sam Simpson

General Partner, Triad First Capital

...At TFC, our management team believes that a principled investment approach...will yield the best outcomes for our members and the Triad.

Feels like Zack, the Nancy's etc... are lining up donors 

with the carrot of Greensboro taxpayer funded

"economic incentive" handouts?

"David Powell, who has worked for years on the megasite assembly efforts, said the Piedmont Triad Partnership is already working with several undisclosed parties such as foundations to help raise funds for additional land acquisitions at the site."

Did Greensboro's city council vote

without knowing whose private interests they were benefiting, 

or did they? 

...the next step will be to seek funding from several other potential stakeholders, including the state of North Carolina, the city of Greensboro and foundations such as the Golden Leaf Foundation.

...David Powell, who has been working for years on megasite assembly efforts, said Monday that the next step is to seek additional partners to raise funds for land acquisitions at a site that could grow to as large as 2,000 acres.

Sitting City Councilman Mike Barber, 

who profits from Greensboro's taxpayers via First Tee of the Triad,

receives benefits from Jim Melvin's Bryan Foundation, 

which supports his income.

Powell said PTP will approach other stakeholders, including state and local governments and local foundations, to raise funds for additional land.

Jim Melvin serves on both the Bryan Foundation 

and Piedmont Triad Partnership boards.

"We're going to go to all the usual suspects that you need to go to for an economic development project," said Powell, who is transitioning out of his role as president and CEO of PTP while also helping to create a new organizational structure for the megasite that would represent the interests and views of all partners seeking a stake in the project.

Especially along 421?

...Powell said he has been asked by the PTP board to complete land assembly for the megasite over the next six months and work with various stakeholders to "consider all options" for its future organizational structure.

Remember when Zack and Robbie Perkins

were involved in a deal across the street from a GTCC building

that received water and sewer

which meant their deal got water and sewer?

...Of course, whatever structure manifests itself will not have any type of profit-motive.

Did Sam Simpson make money on the Randolph sale?

Powell said he plans on staying in the Triad to pursue the private commercial real estate business.

He is pursuing partnerships with Simpson, as well as developers who have nothing to do with the Randolph County megasite."

How about developers who are going to make bank

along a new Greensboro taxpayer subsidized water and sewer extension?

"I've been working on this since 2011," Powell said. "It was my idea. It was something that I put a lot of risk into.

Personal financial risk?

...I think we are going to be able to entice other stakeholders to put money into it."

.
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"Our position was ridiculed at length
by a sneering Councilman Matheny.

That is the first time
I have been treated to that kind of disrespect.

Remember when Robbie Perkins

made money from getting taxpayer funded water and sewer 

to the old Pilot Life building?

There were numerous remarks from council
about annexations, and "development" down 421.

The council seems to have taken as a given
that "The Golden Leaf" is going to come in and pay for everything.

Remember when Robbie, Zack and Nancy Vaughan

voted to give Roy Carroll a sewer line under the highway 

for Roy's AMEX property, which provided water and sewer

to Roy's other property next to it?

Mr. Solomon stated
that he had been hired by the Bryan Foundation to do so,
and that he had found "the best site in the southeast".

Heard that before?"

Alan Ferguson
.
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I believe Zack Matheny, Nancy Vaughan, Nancy Hoffmann, Mike Barber etc... put their own interests in front of the best interests of the City of Greensboro.

Remember when then Greensboro mayor Robbie Perkins
negotiated a $19 million deal with the county 
to bring water and sewer lines to eastern Guilford County
and open up 9,000 acres to development?

Why wasn't the money Greensboro taxpayers "invested" in eastern Guilford County for "9,000 acres of development" good enough to get to the prison farm?

Remember when there was very little Rhino coverage of Randall Kaplan's hotel incentive, which the Rhino crushed Project Haystack, which would have competed with Roy Carroll's properties directly south. 

Remember David Hagan walking with $590,000 of taxpayer money on a deal like this?

Remember when Guilford County's Commissioners gave Robbie Perkins' LLC a $124,000 grant, right before he sold Gunter's Crossing to Chester Brown? 

Remember when Mike Solomon with The Timmons Group said the Project Haystack team had been in conversations with Burlington and Greensboro regarding an estimated $15 million water supply line extension from Burlington and a $20.1 million sewer line extension from Greensboro? 

Remember the economic feasibility study that said if Project Haystack was fully built out, it could generate $39.1 million in state and local tax revenue?

Remember when Solomon said the Project Haystack team
started conversations with landowners, 
and worked to form a nonprofit entity and an interlocal agreement,
just like the Randolph deal?

See how the Rhino under-reports incentive deals 
related to Roy Carroll's friends or Roy, 
and scrutinizes deals that compete with Roy and friends?

Remember Samet's $600,000 shovel ready loan advocated by Matheny
and the correlating campaign contributions?

Remember Windsor Development's loan advocated by Matheny
and the correlating campaign contributions?

Should the chair of the City's Economic Development Committee accept campaign contributions from employees of entities receiving money from the city via city council votes advocated and voted on by Zack Matheny?

Remember when Zack Matheny denied Sam Simpson 
was going to make any money on the Gerbings incentive deal
and the correlating campaign contributions?

Triad Business Journal; "A month later, Greensboro police are nowhere on Powell investigation"

"An official investigation of the Piedmont Triad Partnership's former CEO David Powell and allegations of "financial irregularities" has not yet begun, as the Greensboro Police Department awaits documents from the organization.

An organization led by Jim Melvin, 

who may be in the process 

of taking Randolph County for about $10 million, 

of which about a couple hundred grand

falls into Sam Simpson's pocket.

Yes, the same Sam Simpson 

who is lobbying for Zack Matheny with Mike Barber 

to be the next Greensboro taxpayer funded DGI CEO, 

after Zack sacked Jason Cannon 

and betrayed Cindy Hayworth

as an acting Councilman, 

in violation of his oath of office, the City charter

and the City's Conflict of Interest Policy,

not that Mayor Nancy Vaughn or former Mayor Yvonne Johnson

or Tony Wilkins, or Marikay Abuzuaiter, or Sharon Hightower

or Jamal Fox, or Nancy Hoffmann

give a shit,

as they have done nothing for months

on a clear ethical breach by some of their own.

The PTP released a prepared statement a month ago this week saying it had learned of the alleged irregularities following Powell's resignation earlier this year. The organization began conducting its own assessment into the matter and has provided information from that audit to Greensboro police.

No charges have been filed against Powell.

...police have not yet launched an investigation and are awaiting further information from PTP.

"...we have not received all of the documents yet needed for a full investigation," said Susan C. Danielsen, public information officer for the police department.

"We have looked at the documents provided, but there is not enough material to begin investigative work."

...PTP is a nonprofit organization that received both private and public funding during Powell's tenure — including $480,000 in taxpayer money in 2013...

 Powell's 2013 compensation was $326,300...

Powell stepped down as the head of PTP in January after nearly five years on the job."

Kristin Zachary
Reporter-Triad Business Journal
.
.
Randolph County Megasite Con Update

http://greensboroperformingarts.blogspot.com/2015/05/randolph-county-megasite-con-update.html

Dear Bessemer Curb Market's Harold Powell, buy some politicians or marry like Don and Nancy, and get some City of Greensboro money to maintain your business

http://greensboroperformingarts.blogspot.com/2015/05/dear-bessemer-curb-markets-harold.html

The Business Journal's Mark Sutter on the new Greensboro Partnership 'Shill'?

http://greensboroperformingarts.blogspot.com/2015/04/profound-business-journals-mark-sutter.html

Piedmont's Triad Partnership's Triad First Capital has disappeared; Jim Melvin, Sam Simpson, David Powell etc...

http://greensboroperformingarts.blogspot.com/2015/04/piedmonts-triad-partnerships-triad.html

Who would be stupid enough to spend $22.5 million to get water and sewer to a Megasite, about 10 miles away from another that already has it?

http://greensboroperformingarts.blogspot.com/2015/02/who-would-be-stupid-enough-to-spend-225.html

WTF Jim Melvin, Jon Bell, Mark Brazil, Kevin Carter, Pat Danahey, Don Flow, Kelly King, Nido Qubein, Tim Rice, Kelly Stanhope and Robert Long?

http://greensboroperformingarts.blogspot.com/2015/01/wtf-jim-melvin.html

City of Greensboro Information Request; "City mails megasite design work information to residents"

Please provide all information the City of Greensboro is in possession of, including name, address and contact information for the following 475 property owners, including any City of Greensboro internal communications and documentation concerning the letter and it's origin;

"In case they missed news of the Liberty megasite's step forward last week, with Greensboro City Council authorizing a nearly $2.3 million contract with an engineering firm to extend water and sewer utilities there, select property owners this week received the news right in their mailbox.

The City of Greensboro sent letters to 475 property owners in Guilford County and 189 property owners in Randolph County, according to the Asheboro Courier-Tribune."
.
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City of Greensboro Information Requests
Request Number, Subject, Date Requested, Requestor, Status
Business Weeks/Days Open

4602 Zack Matheny and Sam Simpson 5/14/2015
Billy Jones Staff compiling records. 1 week

4604 Zack Matheny and Roy Carroll 5/14/2015
Billy Jones Staff compiling records. 1 week

4609 Nancy Vaughan Communications 5/15/2015
George Hartzman Staff compiling records. 4 days

4623 Jim Melvin communications 5/20/2015
George Hartzman Staff compiling records. 1 day

4624 Roy Carroll Communications 5/20/2015
George Hartzman Staff compiling records. 1 day

4630 Triad First Capital 5/20/2015
George Hartzman Staff compiling records. 1 day

4631 Stan Kelly 5/20/2015
George Hartzman Staff compiling records. 1 day

4632 Greensboro Randolph Megasite 5/20/2015
Alan Ferguson Staff compiling records. 1 day

4633 Sam Simpson 5/20/2015
George Hartzman Additional information needed from requestor. 1 day
.
.
City of Greensboro Information Request; Tom Caruthers communications with DGI and Zack Matheny; other open requests, Tuggle Duggans, Roy Carroll and the Triad Good Government PAC

http://greensboroperformingarts.blogspot.com/2015/05/city-of-greensboro-information-request.html

John "Roy Carroll" Hammer isn't actually covering Jim Melvin and David Powell's Megasite project?

http://greensboroperformingarts.blogspot.com/2015/05/john-roy-carroll-hammer-isnt-actually.html

Congratulations David Powell and Jim Melvin; "City approves $2.3M contract for megasite work"

http://greensboroperformingarts.blogspot.com/2015/05/congratulations-david-powell-and-jim.html

Triad Business Journal; "A month later, Greensboro police are nowhere on Powell investigation"

http://greensboroperformingarts.blogspot.com/2015/05/triad-business-journal-month-later.html

Randolph County Megasite Con Update

http://greensboroperformingarts.blogspot.com/2015/05/randolph-county-megasite-con-update.html

Piedmont's Triad Partnership's Triad First Capital has disappeared; Jim Melvin, Sam Simpson, David Powell etc...

http://greensboroperformingarts.blogspot.com/2015/04/piedmonts-triad-partnerships-triad.html

Inappropriate Lobbying; "Making Connections Around The Table with Ed Kitchen & Jim Westmoreland"

http://greensboroperformingarts.blogspot.com/2015/04/inappropriate-lobbying-making.html

Greensboro City Manager colluding with Sam Simpson and Bonnie Renfro on Nancy Vaughan's Megasite talking points

http://greensboroperformingarts.blogspot.com/2015/03/greensboro-city-manager-colluding-with.html

"Melvin said [Megasite] funding, for now, is coming by way of the Bryan Foundation and private monies."

http://greensboroperformingarts.blogspot.com/2015/03/melvin-said-megasite-funding-for-now-is.html

John Hammer; "Mayor Nancy Vaughan had said that Melvin didn’t have any personal investment in the area that it was all Bryan Foundation money."

http://greensboroperformingarts.blogspot.com/2015/03/john-hammer-mayor-nancy-vaughan-had.html

Conflict of Interest Watch; "Next stage of megasite effort will be 'a different conversation'

http://greensboroperformingarts.blogspot.com/2015/03/conflict-of-interest-watch-next-stage.html

Greensboro-Liberty Megasite Ripoff; Former Mayor Robbie Perkins told Randolph County Greensboro was in

http://greensboroperformingarts.blogspot.com/2015/03/greensboro-liberty-megasite-ripoff.html

Minutes from the "Public Hearing and Consideration of Purchase of Real Estate in Conjunction with the proposed Greensboro-Liberty Mega Site"

http://greensboroperformingarts.blogspot.com/2015/03/minutes-from-public-hearing-and.html

Zack Matheny and Mike Barber need to recuse themselves from the Megasite Water and Sewer vote

http://greensboroperformingarts.blogspot.com/2015/03/zack-matheny-and-mike-barber-need-to.html

Who would be stupid enough to spend $22.5 million to get water and sewer to a Megasite, about 10 miles away from another that already has it?

http://greensboroperformingarts.blogspot.com/2015/02/who-would-be-stupid-enough-to-spend-225.html

WTF Jim Melvin, Jon Bell, Mark Brazil, Kevin Carter, Pat Danahey, Don Flow, Kelly King, Nido Qubein, Tim Rice, Kelly Stanhope and Robert Long?

http://greensboroperformingarts.blogspot.com/2015/01/wtf-jim-melvin.html

Guess who Mike Barber works for?

Who wants Greensboro to pay $22 million plus for water and sewer to for Randolf County?

What Greensboro businesses stand to make the most money from a Hornet's D Leauge team?

2015 Pre Election Barber Mike Michael L Barber Campaign Fund PDF

http://candidatereports.myguilford.com/files/1699_BARBER_MIKE.PDF

Koury, Carroll and Melvin

Surprised?

David Aycock Craft

If Robbie's check from Roy Carroll via the Triad Good Government PAC was written on the 19th, why would he wait until the 25th to report it?


http://hartzman.blogspot.com/2013/06/if-robbies-check-from-roy-via-triad.html
.
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What the News and Record didn't inform its readers of about Mike Barber;

"Wyndham Worldwide donates $100,000 to [Mike Barber's] First Tee [of the Triad, whose Board Member is Mark Brazil]"

http://greensboroperformingarts.blogspot.com/2015/04/wyndham-worldwide-donates-100000-to.html

Dear Mike Barber...

http://greensboroperformingarts.blogspot.com/2015/09/dear-mike-barber.html

Gillespie Golf Course/1st tee Short Course Grand Opening Talking Points 4/6/2015

http://greensboroperformingarts.blogspot.com/2015/07/gillespie-golf-course1st-tee-short.html



The big money D and R contributors are very interested in keeping the Greensboro's districts just like they are.

http://greensboroperformingarts.blogspot.com/2015/07/the-big-money-d-and-r-contributors-are.html

How are Zack Matheny and Mike Barber not guilty of violating § 14-234.1; Misuse of confidential information, in his pursuit of the DGI job?

http://greensboroperformingarts.blogspot.com/2015/06/how-are-zack-matheny-and-mike-barber.html

George Hartzman on Mike Barber and Jim Melvin; June 16, 2015

http://greensboroperformingarts.blogspot.com/2015/06/george-hartzman-on-mike-barber-and-jim.html

The News and Record's Richard Barron on $2.3 million Greensboro taxpayer dollars for Jim Melvin, Sam Simpson, David Powell, Roy Carroll and friends

http://greensboroperformingarts.blogspot.com/2015/06/the-news-and-records-richard-barron-on.html

Tuggle Duggins & Meschan, P.A. Flash Back on Developer Dollars: How Campaign Contributions Overpower Growth Management Efforts in North Carolina

http://greensboroperformingarts.blogspot.com/2015/05/keith-brown-tuggle-duggins-meschan-pa.html

On Marsh Prause, Nancy Vaughan, Jim Westmoreland, Jeff Phillips, Marty Lawing and DGI's meeting to hire City Councilman Zack Matheny

http://greensboroperformingarts.blogspot.com/2015/05/on-marsh-prause-nancy-vaughan-jim.html

Congratulations David Powell and Jim Melvin; "City approves $2.3M contract for megasite work"

http://greensboroperformingarts.blogspot.com/2015/05/congratulations-david-powell-and-jim.html

Randolph County Megasite Con Update

http://greensboroperformingarts.blogspot.com/2015/05/randolph-county-megasite-con-update.html

Joe Killian, who won't/can't help City employees; "Greensboro council grills DGI over performance"

http://greensboroperformingarts.blogspot.com/2015/04/joe-killian-who-wontcant-help-city.html

Dear Mike Barber and Zack Matheny; North Carolina Law § 14-118.4. Extortion; Favoritism and Crony Capitalism

http://greensboroperformingarts.blogspot.com/2015/04/dear-mike-barber-and-zack-matheny-north.html

DGI, Mike Barber and Zack Matheny; "Extortion"

http://greensboroperformingarts.blogspot.com/2015/04/dgi-mike-barber-and-zack-matheny.html

Piedmont's Triad Partnership's Triad First Capital has disappeared; Jim Melvin, Sam Simpson, David Powell etc...


http://greensboroperformingarts.blogspot.com/2015/04/piedmonts-triad-partnerships-triad.html