
Here are the five major findings of the consultant group working with the downtown performing arts center task force that were presented to the City Council tonight.
* Greensboro can comfortably sustain a performing arts center with between 2,500 and 2,800 seats.
* There would be at least 160 performances a year, with a diverse mix of community and local arts productions, touring Broadway shows, concerts, lectures and special performances. Projected annual attendance would exceed 300,000.
* The facility would not compete with local arts organizations and in fact would strengthen existing community assets. The study projects that local arts groups would conduct nearly 60 performances (and 76 rehearsals) a year in the new facility.
* Ticket sales and usage fees would ensure the facility would be at least self-sustaining, and likely generate an operating profit of more than $500,000 after its third year of operation.
* The direct and indirect economic impact of a downtown performing arts center would be more than $7 million annually.
The task force hired AMS Planning and Research Corp., an arts management consulting firm from Fairfield, Conn., to determine the projected ecnomic impact and feasibility of building a performing arts center somewhere in downtown Greensboro.
This report is a preliminary finding from the consultants. A final recommendation will be presented to the council on June 26. If the council decides to move ahead with building a new arts center, it probably will carry a price tag of about $50 million.
The current proposal calls for $30 million to be raised from a general obligation bond that would be placed on the Nov. 6 ballot for voter approval. Another $10 will be raised privately and $10 million obtained in revenues from the local hotel/motel tax.
After the presentation was made, the council was asked to vote on moving forward with plans to seek a $30 million bond referendum on the Nov. 6 ballot. It was the first of three required votes before the council can add the bond referendum to the ballot. But council member Trudy Wade said it made no sense to vote to move forward with the bond referendum when not enough is yet known about the plans for a downtown arts center.
Interim City Manager Denise Roth told the council that the process can be stopped at any time up until the final vote is held, probably on June 26.
Wade and council members Dianne Bellamy-Small and Marikay Abuzuaiter voted against moving forward with a bond referendum, but it passed 6-3.