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FINANCIAL_SERVICESPENDING

guilford_county_commissioners_work_session_minutes.pdf

County sets hearing on High Point stadium incentive

$7,000,050 (approximately $370,000 annually over 19 years)Fire District 28CITY OF HIGH POINTDecember 4, 2025

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Description

Guilford County Commissioners agreed to hold a February 18, 2021 public hearing on a proposed economic development incentive grant to the City of High Point totaling about $7 million over roughly 19–20 years to support baseball stadium debt service tied to downtown catalyst redevelopment. The incentive would help close the gap between stadium operating costs and increased tax revenues from new development in the catalyst zone.

Contract Details

Contract Amount

$7,000,050 (approximately $370,000 annually over 19 years)

Vendor

CITY OF HIGH POINT

Agency

Fire District 28, NC

Contract Type

FINANCIAL_SERVICES

Document Date

December 4, 2025

Contract Term

Approximately 19–20 years; request described as over a twenty (20) year period, example given as 19 years at $370,000 annually

Renewal Info

Request framed as a long-term incentive toward stadium debt service over roughly 19–20 years; no renewals or extensions discussed.

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