12/5/13

Loan and incentive info request

"The city says Kingsgate is already behind on payments themselves and hasn’t paid since 2009. Those Payments which might get harder to make with all these newly empty apartments.

An attorney for Kingsgate declined to comment."

http://greensboroperformingarts.blogspot.com/2013/12/how-are-those-loans-to-developers.html
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Please provide the compliance history of all loans and incentives beginning with the 2009 Kingsgate loan cited above, and ending in the present.

Please provide the procedures for making sure entities receiving Greensboro taxpayer monies like this are fulfilling their obligations.

Please provide the history of executive oversight of the loans and incentive compliance.

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