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« Money pits | Main | Encore de Johnny »

Jul 15, 2011

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michele

150% increase in homicide and 48% increase in rape? That's impressive. :(

Triadwatch

$70,000 for east market street llc who is that?

bubba

"$70,000 for east market street llc who is that?"

Hmmm....dare we ask?

Billy Jones

Interesting, the full name of the business appears to be 407 East Market Llc. but it's not listed in the NC Secretary of State website as a North Carolina business.

Searches for "407 East Market Street, Greensboro, NC" on Google and Bing bring up no results. Searches for "407 East Market Street Llc." also bring up no results.

Searches on Google Maps show a parking lot where city owned buses are parked.

And the reason(s) for the $70,000.oo payment to 407 East Market Street Llc. is left blank.

Are taxpayers writing checks to a bogus company?

Is 407 East Market Street Llc. listed in another state? If so, then which state?

What does 407 East Market Street Llc. do to earn $70,000.oo?

And maybe it's simply coincidence that a Google search for 407 East Market Street, Greensboro, NC returns a #1 result for the East Market Street Development Corporation.

Then there's this interesting result from the City of Greensboro website: "This lively community began to wind down in the late 1950s and 1960s when, under the guise of "urban renewal," thousands of people and more than 80 businesses (many minority-owned) were displaced. Most of those businesses never reestablished."

Be very wary of the terms, "urban renewal" and from the linked .pdf: "shovel ready" as even the City website indicates both are really one in the same.

Okay, so the city website doesn't really say both terms mean the same thing but the expected results of either are the same.

bubba

"Searches on Google Maps show a parking lot where city owned buses are parked."

What was it before it became a parking lot?

Is there an historical significance to that address?

michele
"Interesting, the full name of the business appears to be 407 East Market Llc. but it's not listed in the NC Secretary of State website as a North Carolina business."

True, but 407 E. Washington St. is. The registered agent is The Community Foundation Real Estate Management Fund, Inc. The Community Foundation handles the finances of the Interactive Resource Center (homeless day center) located at 407 E. Washington Street in Greensboro.

Jordan Green of YES! Weekly, live-blogging the 05/03/2011 Greensboro City Council meeting:

"The funding request of $70,000 from the Interactive Resource Center is approved 8-1, with Wade voting in dissent."

Typo?

Billy Jones

michele,
I hope it is a typo.

Bubba asked: "What was it before it became a parking lot?

Is there an historical significance to that address?"

I think, though can't be absolutely certain, that property was also previously used for bus parking as Duke Transportation and Electric, aka Duke Power, kept their fleet there.

bubba

Who is The Community Foundation Real Estate Management Fund, Inc.?

michele

Part of the Community Foundation of Greater Greensboro. They're a non-profit that helps other non-profits. They manage funds and administer grants. They do good stuff!

dale

How many words do you get to change and still call something a TYPO?

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