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LEE COUNTY <br />Committed Today for a Better Tomorrow <br />AGENDA ITEM: IV. <br />MEETING DATE: April 2, 2007 <br />MEMO TO COMMISSIONERS: <br />FROM: Gaynell Lee, Clerk to the Board <br />DATE: March 26. 2007 <br />SUBJECT: Public Hearing in Reference to Economic Development Project with <br />Wyeth <br />EXPLANATION: <br />A public hearing has been advertised for this date and time to hear public comments in <br />reference to an economic development project with Wyeth for the extension of utilities and other <br />site preparation on property owned by it in the Lee County Industrial Park for the construction of <br />an administrative building containing at least 180,000 square feet and with an initial taxable <br />value of at least $50,000,000.00. If approved, the project will be between Wyeth and the Lee <br />County Economic Development Corporation. <br />If the Board so desires, they may approve the agreement after the public hearing. <br />RECOMMENDATION: <br />Conduct public hearing as advertised. <br />ATTACHMENTS: <br />Notice of Public Hearing in March 23, 2007 edition of The Sanford Herald <br />Resolution Requesting Grant of Incentive Funds <br />Agreement Regarding Incentive Funds for Wyeth by and between Lee County <br />Economic Development Corporation and Wyeth <br />E <br />