City of High Point - File #: 2023-456

• File #: 2023-456
• Version: 1
• Type: Miscellaneous Item
• Status: Approved
• File created: 9/21/2023
• In control: Finance Committee
• On agenda: 9/28/2023
• Final action: 10/2/2023
• Title: Public Hearing Regarding a Request from Dawn Sweitzer Properties LLC, for Performance Base Incentives in the amount of $75,000 - Public Hearing October 2, 2023 City Council is requested to authorize performance-based incentives for a project at 2429 W. English Rd. in High Point, NC in the amount of $75,000 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
10/2/2023	1	City Council	approved	Pass
9/28/2023	1	Finance Committee

Title

Public Hearing Regarding a Request from Dawn Sweitzer Properties LLC, for Performance Base Incentives in the amount of $75,000  - Public Hearing October 2, 2023

City Council is requested to authorize performance-based incentives for a project at 2429 W. English Rd. in High Point, NC in the amount of $75,000 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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