Water Resources Annual Report 2021-2022

Supporting Development & Growth

Water Resources is Critical to Regional Economy

Supporting Minority and Women-Owned Businesses

Greensboro is rapidly growing – and the Water Resources Department has a signifcant role to play in luring economic development. In 2021-2022, two major manufacturing facilities – a Toyota battery plant south of the City and Boom Supersonic’s airplane assembly plant at the Piedmont Triad International Airport – wouldn’t be possible without the City of Greensboro providing the water and sewer infrastructure to those sites. From the perspective of Water Resources, economic development means allocating our limited water and sewer capacity and stormwater infrastructure in a way that has a positive efect on the retention and growth of business and community sustainability. With guidance and oversight provided by City Council, Water Resources looks for opportunities to partner with businesses. Toyota will invest more than $3.79 billion and employ 2,100. Boom will invest $500 million and bring more than 1,700 jobs to the region. The City of Greensboro anticipates providing 2.34 MG of water and 1.33 MG of sewer capacity daily to the Toyota manufacturing site alone. With this commitment and fnancial investment to build unparalleled manufacturing operations within the Piedmont Triad, economic development ofcials say the region is on the cusp of realizing even greater growth through private sector investment. That means small business growth, more jobs, additional revenues to local governments, and other opportunities which make our community a better and more attractive place to live and work.

- Water Resources is committed to partnering with minority and women owned business enterprise (MWBE) frms for contracted professional services and construction. On average, approximately 25 percent of our contract spending goes to MWBE frms, totaling more than $26 million in spending with MWBEs in Fiscal Year 21 22. THAT INCLUDED: » Ten MBE and 11 WBE frms that provided professional services » Twenty four MBE and 16 WBE frms that worked on construction projects - - -

WATER RESOURCES

www.greensboro-nc.gov/Water | 336-373-2055 | 2602 S. Elm-Eugene St., Greensboro, NC 27406