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Council weighs purchase of Embassy Block to support McGregor Hall and explores local sales-tax option
Summary
Council discussed using a line of credit to buy the Embassy Block (asking price cited at $255,000) to clear blight, demolish structures, create parking, and generate funds for McGregor Hall; Councilmember Geraldine Champion also raised concerns about diversity in McGregor Hall programming.
HENDERSON, N.C. — Council members on May 23 revisited a proposal to establish a line of credit to acquire the Embassy Block and use proceeds and redevelopment to support McGregor Hall, a local cultural venue that told the council it still carries a long-term loan after a key donor withdrew.
Assistant City Manager Paylor Spruill reviewed the recommendation to purchase the Embassy Block and to clear blighted structures to create parking and potentially a…
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