Test Legal Handbook 2022

DATE:

September 1, 2015

TO:

Mr. John Doe, Assistant City Manager

DATE:

August 11, 2022

TO:

Mayor and City Council

FROM:

Chuck Watts, City Attorney

SUBJECT:

Economic Development Program

The City Council has designated as a long-term goal to “Create an Environment to Promote Economic Development Opportunities and Job Creation.” Toward that end, the City of Greensboro has established the Economic Development Incentive Program (Financial Assistance Guidelines). Any incentive provided will be consistent with City Council established guidelines and North Carolina General Statutes (N.C.G.S.) Section 158-7.1 . On May 6, 2003, the City Council adopted the Connections 2025 Comprehensive Plan . This plan provides a goals and policy framework for the City’s future development. As a part of this future vision, the Plan recommends intensifying development within the central business district and identified reinvestment corridors and areas. These Urban Development Investment Guidelines have been prepared as part of the City’s effort to promote high quality urban development that meets the community’s intended vision. In addition, these Guidelines establish how project risks and returns to the City will be reviewed and evaluated. CDW/jgs

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