Finance Committee Meeting | 11-12-26 | 4 p.m.

The City of High Point Finance Committee met November 12, 2026, and considered several procurement items. The committee reviewed a five-year agreement with Peppermoon Collaborative LLC to design, develop, launch, and exclusively operate the shared-use commercial kitchen. Peppermoon was selected after a 2025 RFP that received two proposals. Compensation is $15,000 per month for the first 12 months and $20,000 per month for months 13–36, followed by a shared-net-operating-income arrangement in years four and five; the agreement includes a renewal option. Funding for the first year is available in the current budget. A motion and second to approve item 2026-327 were recorded, but the vote outcome is not fully captured in the transcript. Staff also said the kitchen renovation design is expected to be ready for bidding early next year, with the construction contract to return to the committee separately. The project originated with $2 million in federal Small Business Administration funding received in 2022.

The committee approved item 2026-381, a $36,433 sole-source purchase of a 24-inch butterfly valve to replace an existing dam valve; item 2026-391, a $155,100 task order with 10 Carva Machinery Company LLC to replace two pumps at the Lake Crest Sewer Lift Station; and item 2026-392, an asphalt-supply award to Ble Construction and APAC Atlantic as primary and secondary suppliers for $250,000, with a contract term of up to three years. The committee also received a progress update on City Lake dam design, including planned construction access and coordination to separate construction from public park areas.