• Thu. Jun 23rd, 2022

City News | Greensboro, North Carolina

ByDebra J. Aguilar

May 24, 2022

At the May 23 city council meeting, city manager Taiwo Jaiyeoba presented a recommended budget of $689 million for the 2022-2023 financial year. The recommended budget maintains the City’s current property tax rate of 66.25 cents per $100 of property assessment and proposes an increase in the monthly solid waste fee from $2.50 to $3.50 and a monthly household hazardous waste fee of $0.60 to $0.97 to help offset increases in contracted service costs.

Find out about the recommended budget on the City’s website.

In the general business agenda, Council approved a $5 million contract with Yates Construction for the Greene Street Landscape Project, which will include pavement improvements, storm drainage and utility upgrades. Work is expected to start in July 2022 and end in December 2023.

More than $45 million has been allocated for water resources infrastructure projects, including the Camp Burton Lift Station and Sewer Construction Project which will provide water and sewer services to an area previously underserved near Huffine Mill Road. Construction is expected to begin in the spring of 2022 and take approximately two years. The Board also authorized the sale and issuance of up to $96 million of bonds to refinance short and long-term bonds and to issue new bonds to fund other water and water projects. drain currently under contract.

Finally, the council approved a contract for the demolition of the Heritage House, a residential tower that was certified as destroyed by the planning board in 2014. As part of the city’s redevelopment plan, it is necessary to demolish the residential building for future development of the site.