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    Lucia Site Plan

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    CP Tew
    City of Winston-Salem's proposal to study/consider a Library Site and Economic Development Project for the Lucia Site on Waughtown Street.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd

    Lucia Site Plan

    Uploaded by

    CP Tew
    710 views2 pages
    City of Winston-Salem's proposal to study/consider a Library Site and Economic Development Project for the Lucia Site on Waughtown Street.

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    © © All Rights Reserved

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    PDF, TXT or read online from Scribd

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    City of Winston-Salem's proposal to study/consider a Library Site and Economic Development Project for the Lucia Site on Waughtown Street.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    710 views2 pages

    Lucia Site Plan

    Uploaded by

    CP Tew
    City of Winston-Salem's proposal to study/consider a Library Site and Economic Development Project for the Lucia Site on Waughtown Street.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 2

    City Council – Action Request Form

    Date: March 21, 2016


    To: The City Manager
    From: Gregory M. Turner, Assistant City Manager
    Council Action Requested:
    Consideration of a Resolution Authorizing and Directing the City Manager to Perform Due
    Diligence Work on a Library Site and Economic Development Project for the Lucia Site on
    Waughtown Street.

    Summary of Information:

    The City is constructing a $2,200,000 Police District Station at the old Lucia Factory site on
    Waughtown Street. This station will only utilize a small part of the 10 acre site. Council
    Member Taylor has asked that staff evaluate the viability of additional development on the site
    that would be composed of a library and commercial space. Under the proposed plan, the City
    would acquire the land and prepare the site. This site preparation work would include partial
    building demolition, running main utility lines, final grading, parking lot construction, street
    extension, etc.

    • The final project would have a County built and operated library, and several private
    commercial buildings/shops on the City acquired property. Funding for the project could
    come from the General Obligation Bonds approved by voters for Economic Development
    Projects.
    • City staff consider this a viable project if it is properly structured and properly
    designed/constructed. Structure issues include the agreement with the County on the
    library and the agreements with future businesses regarding the retail component.

    The preliminary estimate for this work is $1,000,000. However, additional due diligence work is
    needed to refine this cost estimate and to better understand the project. The attached resolution
    would authorize and direct the City Manager to conduct the necessary due diligence to assure that
    the Project can be properly structured and designed/constructed.

    Committee Action:
    Committee Action
    For Against
    Remarks:

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