City of High Point - File #: 2023-228

• File #: 2023-228
• Version: 1
• Type: Miscellaneous Item
• Status: Approved
• File created: 5/8/2023
• In control: City Council
• On agenda: 5/11/2023
• Final action: 5/15/2023
• Title: Public Hearing - Dive Bar - Performance Based Incentives City Council is asked to consider a request from Dive Bar, to authorize performance-based incentives for a retail project at 312 N. Elm St. in the amount of $124,798 and authorize the City Manager to execute a performance agreement with the company containing benchmarks for the company to achieve and a schedule for the payment of such financial incentives.

Date	Ver.	Action By	Action	Result
5/15/2023	1	City Council	approved	Pass
5/11/2023	1	Finance Committee	Committee Recommended Approval

Title

Public Hearing -  Dive Bar - Performance Based Incentives

City Council is asked to consider a request from Dive Bar, to authorize performance-based incentives for a retail project at 312 N. Elm St. in the amount of $124,798 and authorize the City Manager to execute a performance agreement with the company containing benchmarks for the company to achieve and a schedule for the payment of such financial incentives.

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