Minutes - 5-22-14 Reg. Meeting - Laserfiche WebLink

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BK - 00026 PG:0528 Aye: Dalrymple, Frazier, Knecht, Parks, Reives, Smith, and Womack Nay: None The Chairman ruled the motion had been adopted unanimously. Pursuant to N.C. General Statute §153A -42.1, Chairman Parks opened the floor for Public Comments. The following signed up to speak and were allowed 3 minutes for comments: 1. Donald Andrews, Mayor, Town of Broadway (in favor of CCCC Bonds /Resolution) 2. Keith Clark, 212 Acorn Drive, Sanford (discussed Board policy /actions). The first order of business was a public hearing for an incentive grant for Project "Spring ". Interim Economic Development Director Crystal Morphis stated Project "Spring" was for a business expansion project for GKN, which until this time had been referred to as Project "Spring ". Ms. Morphis stated investment in building renovations will amount to $3.5 million, a $10 million investment in machinery and equipment, and the addition of 105 new jobs at a total annual average salary of $38,096. Commissioners are asked to provide a cash incentive grant of up to $153,900 to be paid over five -years with revenues from the Lee County General Fund. GKN Driveline manufactures automotive driveline and power train components, and will expand operations and use the Sanford facility as a service center. GKN was recently awarded a $500,000 Building Reuse Grant from the North Carolina Department of Commerce. A representative from GKN was present and stated funding from Lee County was very important to the company. They will transfer equipment from Alamance County to Lee County and will also purchase additional new equipment. The incentive, if approved, will provide a platform for significant growth and for the opening of a building that has been closed for seven years. Chairman Parks opened the public hearing that had been advertised for this date and time. The following spoke in favor of the incentive grant for GKN: 1. Donnie Oldham, 2412 Brookwood Trail, Sanford, Chairman of the EDC Corporation 2. Brad Simpson, 513 Wicker Street, Chairman of the Sanford Chamber of Commerce 3. Bob Joyce, 211 S. Steele Street, Executive Director of the Sanford Chamber of Commerce The following spoke in opposition to the incentive grant for GKN: Keith Clark, 212 Acorn Drive, Sanford Chairman Parks closed the public hearing. The Board next conducted a public hearing with the Lee County Planning Board to consider an application by Conveyor Technologies to rezone 1.23 acres of land on Womack Road from Residential Agricultural district to Light Industrial district. Planner Althea Thompson outlined the proposed rezoning application and answered questions. Chairman Parks opened the public hearing that had been advertised for this date and time. The following spoke in favor of the rezoning application: Brad Simpson, 513 Wicker Street, Sanford 2