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G; <br />• <br />NOTICE OF PUBLIC HEARING <br />Lee County proposes to participate in the cost of an <br />economic development project with Wyeth, acting <br />through its Wyeth Holding Corporation, which <br />consists of participation in the extension of utilities <br />and other site preparation on property owned by it in <br />the Lee County Industrial park for the construction of <br />an administrative building containing at least 180,000 <br />square feet and with an initial taxable value of at least <br />$50,000,000.00. The Board of Commissioners intends <br />to consider sharing up to $911,858.00 which will be <br />paid out in increments over a 5 year period. The <br />County will fund the payments with available <br />revenues in the County's general fund. The Board of <br />Commissioners believes this project will stimulate and <br />stabilize the local `economy and result in the retention <br />and creation of a substantial number of jobs in the <br />'county. <br />A public hearing on the proposed expenditure for <br />this project will be held on Monday, April 2, 2007, at <br />8:00 AM, or as soon thereafter as said matter can be <br />reached, in the Commissioners' Room on the first <br />'-floor of the Lee County Government Office, 106 <br />Hillcrest Drive, Sanford, NC. All interested persons are <br />invited to attend and present-their, view. <br />Gayn@@It J4. fee <br />Clerktolhe Board <br />Cl <br />