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Monday, October 20, 2014

Nov 2 City Council work session

Nov 2 City Council work session

 
   
The Wilmington City Council held a work session on November 2 to discuss several items, including potential items to include in their legislative agenda for the upcoming session of the NC General Assembly that will convene in January, 2013.

Council agreed with the proposed broad themes: protect and grow local revenue capacity; obtain alternative revenue sources as part of tax reform; assist cities with infrastructure and transportation needs; and support local job growth. Council members pointed out that these issues are important to position the city for long-term growth and encouraged positive interaction with regional and state lawmakers to promote issues such as tax reform.

Other key points made at the work session:

  • Film incentives need to continue because they bring jobs and business to Wilmington;
  • Wilmington provides services accessed by citizens throughout the county and region;
  • Wilmington is a regional economic hub and changes such as tax reform are needed to help the city’s future growth;
  • Hotels in Wilmington generate much of the room occupancy tax revenue that funds beach renourishment in New Hanover County – just over $2 million was collected in FY 2011 and almost 42.5 percent of that was generated inside the city limits;
  • Council members stressed that the Riverwalk is vitally important to tourism for Wilmington. The city does not receive any room occupancy tax revenue for its maintenance and adequate funding needs to be identified for the long-term.

Council’s feedback will be incorporated into the proposed draft and is expected to be officially adopted before the end of the year.

Convention Center Hotel
Council also heard an update on the Wilmington Convention Center Hotel. Members of the development team reported that plans for a $33.5 million, 186-room Embassy Suites located next to the convention center is on schedule to begin preliminary work early next year. The proposed 163,000-square-foot hotel would include second story full-service restaurant and 6,600 square feet of meeting space. The all-suite hotel will be about the same height as the nearby Hilton Hotel.

Next steps include Council consideration of a development agreement for the hotel and the developers securing final financing, franchise and permit approvals. 

Learn more about the Wilmington Convention Center.

Learn more about City Council.

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Wilmington, North Carolina 28402-1810
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