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Record of Proceedings

Winston-Salem Finance Committee Meeting - August 11, 2026

Meeting Portal — Tuesday, August 11, 2026
BodyWinston Salem, North Carolina
SessionMeeting Portal
DateTuesday, August 11, 2026
StatusFILED
Video Record
0:00 / 18:24

Original source
Transcript — VerbatimClick a timed line to jump · ⧉ to share it
0:02

Yes, have you ever loved a woman?

0:09

So much you trembling pain.

0:17

Yeah, all the time you know she was another man's name.

0:33

You just love that woman.

0:39

So much is a shame and a sin.

0:46

Yeah, you shall love that woman.

0:54

So much is a shame and a sin.

1:03

Yes, you know, yes, you know.

1:08

She belonged to your very best friend.

2:04

Have you ever loved a woman?

2:08

Why don't you know you can leave her alone?

2:20

Have you ever loved a woman?

2:24

Why do you know you can leave her alone?

2:53

What a tragedy.

2:57

When a Titanic ship went down, oh what a tragedy when that titanium went down.

3:13

I used strategy during the tragedy.

3:17

That's why no way around Yeah, women and the children, they was heading fun, yeah, women and the children.

3:43

But when the ship started sinking, that's when the trouble began with an awful thing.

4:35

But I really got to say myself.

4:40

When I jumped in the water, everybody said, look at that fool.

4:47

But when that tight tiny ship hit the bottom, I was in Harlem shooting food.

5:03

Oh, what a tragedy.

5:05

When a trajectory ship went down.

5:11

I used strategy during a tragedy that went out of the book.

7:33

You gotta watch all that.

7:37

I'll beg your pardon on a straight and narrow track.

7:46

You say you want Jesus to save your soul.

7:54

You gotta keep the devil way down in the hole.

8:02

All the angels are singing about Jesus might soul.

8:10

And they should do with me, we're close to the Lord.

8:18

Don't think about temptation.

8:26

You gotta keep the devil way down in the hole.

10:12

When you walk through the garden, you gotta watch all that.

10:24

On a straight and narrow track.

10:28

You say you want Jesus.

10:33

See you so you gotta keep the devil.

10:40

Way down in the hole.

10:44

Way down in the hole.

10:48

Way down in the hole.

10:53

Way down in a hole.

10:57

Way down in a hole.

11:01

Way down in a hole.

11:05

Way down in a hole.

11:11

You're watching WSTV Digital Media.

12:06

Good afternoon.

12:07

Welcome to the August Finance Committee meeting after a month off.

12:12

We're glad everybody's back.

12:14

We will get going.

12:15

We have both consent and general agenda items.

12:19

Are there any items any person would like removed from the consent agenda?

12:25

No.

12:26

I move for approval of the consent agenda.

12:29

Is there a second?

12:30

We have a motion.

12:32

And a second of the consent.

12:33

Do we need to vote verbally on this?

12:35

Yeah.

12:36

All in favor say aye.

12:37

Aye.

12:38

Any opposed.

Discussion Breakdown — Share of Meeting
Miscellaneous█████████████████████████████████████████████58%
Affordable Housing████████████████21%
Procedural████████████████21%
Summary of Proceedings

Winston-Salem Finance Committee Meeting - August 11, 2026

The Finance Committee of the Winston-Salem City Council met on Tuesday, August 11, 2026, at 4:00 PM. Chair Robert C. Clark presided. The committee unanimously approved an eight-item consent agenda and one general agenda item regarding multifamily housing revenue bonds. The meeting adjourned at 5:07 PM.

Consent Calendar

  • C-1: Resolution authorizing conveyance of 1214 Gholson Avenue to support affordable housing objectives. Recommended approval, referred to City Council on August 17, 2026.
  • C-2: Resolution awarding purchase order for two rear loading solid waste collection trucks to Carolina Environmental Systems, Inc. Total amount: $559,830.00. Recommended approval, referred to City Council on August 17, 2026.
  • C-3: Resolution awarding purchase order for eight automated side loading solid waste collection trucks to TranSource, Inc. Total amount: $3,412,750.24. Recommended approval, referred to City Council on August 17, 2026.
  • C-4: Resolution awarding construction contract to Robbins Construction Group for Miller Park improvements. Not-to-exceed amount: $968,622.64. Recommended approval, referred to City Council on September 8, 2026.
  • C-5: Resolution approving additional sole source vendors for Fiscal Year 2026-2027. Recommended approval, referred to City Council on September 8, 2026.
  • C-6: Resolution approving a debt payment agreement with Mineral Springs Volunteer Fire Department and submission to the NC Local Government Commission. Total amount: $42.70. Recommended approval, referred to City Council on September 8, 2026.
  • C-7: Resolution amending the Annual Appropriation and Tax Levy Ordinance and the Project Budget Ordinance for Fiscal Year 2026-2027. Recommended approval, referred to City Council on September 8, 2026.
  • C-8: Approval of the Finance Committee Summary of Minutes from June 9, 2026. Approved.

General Agenda Discussion

  • G-1: Resolution approving issuance of up to $25,400,000 multifamily housing revenue bonds to finance the Lofts at Motor Road, satisfying Section 147(f) of the Internal Revenue Code. Kristen Kirby of McGuireWoods, bond counsel, explained that the bonds are a conduit issuance by Aspire (the issuer); the city has no debt obligation and the bonds do not affect city credit ratios. The project includes 216 affordable housing units. A public hearing was previously held with no comments. Council Member Adams requested the city manager provide a list of similar bond issuances for transparency and public awareness. No other questions were raised.

Key Outcomes

  • Consent Agenda: Approved unanimously by a voice vote (4-0).
  • General Agenda Item G-1: Motion by Council Member Scippio, seconded by Mayor Pro Tempore Adams. Approved unanimously by electronic vote (4-0). Referred to City Council on August 17, 2026.
  • Staff Comments: None recorded.

Meeting Transcript

Yes, have you ever loved a woman? So much you trembling pain. Yeah, all the time you know she was another man's name. You just love that woman. So much is a shame and a sin. Yeah, you shall love that woman. So much is a shame and a sin. Yes, you know, yes, you know. She belonged to your very best friend. Have you ever loved a woman? Why don't you know you can leave her alone? Have you ever loved a woman? Why do you know you can leave her alone? What a tragedy. When a Titanic ship went down, oh what a tragedy when that titanium went down. I used strategy during the tragedy. That's why no way around Yeah, women and the children, they was heading fun, yeah, women and the children. But when the ship started sinking, that's when the trouble began with an awful thing. But I really got to say myself. When I jumped in the water, everybody said, look at that fool. But when that tight tiny ship hit the bottom, I was in Harlem shooting food. Oh, what a tragedy. When a trajectory ship went down. I used strategy during a tragedy that went out of the book. You gotta watch all that. I'll beg your pardon on a straight and narrow track. You say you want Jesus to save your soul. You gotta keep the devil way down in the hole. All the angels are singing about Jesus might soul. And they should do with me, we're close to the Lord. Don't think about temptation. You gotta keep the devil way down in the hole. When you walk through the garden, you gotta watch all that. On a straight and narrow track. You say you want Jesus. See you so you gotta keep the devil. Way down in the hole. Way down in the hole. Way down in the hole. Way down in a hole. Way down in a hole. Way down in a hole. Way down in a hole. You're watching WSTV Digital Media. Good afternoon. Welcome to the August Finance Committee meeting after a month off. We're glad everybody's back. We will get going. We have both consent and general agenda items. Are there any items any person would like removed from the consent agenda?

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