Festival Park Public Information Request

Got the following reply from the City of Greensboro concerning Festival Park today:

"Hello Mr. Jones:

Your Public Records Request has been reviewed by Park & Recreation and they have given the following response:

Question #1: How much money does the city generate annually from renting Festival Park? During the last three years, Festival Park has generated an average of $7,285 per year.

Question #2: How much money has the city generated overall from the operation of Festival Park since its inception? Records are available back to 2005. Since that time the Park has generated $38,539.50
Question #3: The City paid $336,883.51 for the land for Festival Park in July, 1987. This cost included appraisal and recording fees.

Question #4: The construction cost for the outdoor stage & electrical system was $79,984 and was completed in June, 1991.

Question #5: What are the projected revenues for Festival Park for the next 50 years should it remain open? Given today’s rental rates, booking level, and average fees collected per year, the Park would collect $364,250.

This should complete your public records request.

Sincerely,

Public Information Desk

City of Greensboro

300 W. Washington Street
Greensboro, NC 27401
Phone: (336) 373-CITY (2489)
www.greensboro-nc.gov"


My question to Mayor Robbie Perkins, the Greensboro City Council, the City of Greensboro and the GPAC Task Force: Being that the proposed downtown performing arts center will do away with Festival Park, would it not be fitting and proper to include the above costs in the actual costs of building the downtown performing arts center or are we as citizens to somehow believe the money we invested in Festival Park just magically disappeared?