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0) 019 <br />• <br />r J <br />NOTICE OF PUBLIC HEARING <br />Lee County proposes to participate in the cost of an economic <br />development project with the Lee County Economic Development <br />Corporation, which consists of the cost of construction of additional <br />space and the cost of new machinery Frontier Spinning, U. <br />manufacturing plant. The Board of Commissioners intends to consider <br />sharing up to 5325,710.00 of the cost of the project with revenues from <br />the Lee County General Fund. The Board of Commissioners believes <br />this project will stimulate the local economy, promote. business and <br />result in the creation of a substantial number of jobs in the County. <br />A public hearing on the proposed County expenditure for this project will <br />be held on July 9, 2007 at 4:00 PM or as soon thereafter as said matter <br />can be reached on the agenda, in the Commissioner's Room, Lee <br />County Government Center, 106 Hlllcrest Drive, Sanford, North Carolina. <br />All interested persons are invited to attend and present their views. <br />Gaynell M. Lee, Clerk <br />Board of Commissioners <br />6 V 07 <br />0 <br />