"GREENSBORO, NC (June 18, 2014) – Greensboro Mayor Nancy Vaughan has released the following statement in reaction to today’s filing of a civil lawsuit against the City of Greensboro by the owners of Black Network Television (BNT).
“I am disappointed in the action taken by Michael and Ramona Woods today. Furthermore, I adamantly disagree with any insinuation that City Council makes its decisions based on race. I am confident that the City of Greensboro and City Council acted appropriately last summer in determining not to move forward with the loan for Black Network Television. At the end of the day, the Woods and Black Network Television could not meet the terms and conditions of the loan offer, most specifically those related to the City’s lien position on the property that was offered by the Woods as collateral.
As with all lawsuits filed against the City, our attorney and his staff will review the claims and defend the City’s interests.”
The City of Greensboro and City Attorney’s Office will not make additional comments about this lawsuit because of the pending litigation. However, a web page – www.greensboro-nc.gov/BNT - has been created on the City’s website that includes a demand letter from Black Network Television representatives from October 2013, the City’s response to that letter from November 2013, and the resolution outlining the loan offer from June 2013."
A Release from the City of Greensboro