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t <br />LEE, COUNTY (137 <br />Committed Today for a Better Tomorrow <br />AGENDA ITEM: II. B. <br />MEETING DATE: July 9, 2007 <br />MEMO TO COMMISSIONERS: <br />FROM: Gaynell Lee, Clerk to the Board <br />DATE: July 2, 2007 <br />SUBJECT: Public Hearing for Caterpillar Manufacturing <br />EXPLANATION- <br />A public hearing has been advertised for this date and time to consider the cost of an economic <br />development project with the Lee County Economic Development Corporation, which consists <br />of the cost of retrofitting a building and purchase of additional equipment located at 5715 Clyde <br />Rhyne Drive. <br />The Board is asked to consider sharing up to $27,064.31 of the cost of the project with revenues <br />from the Lee County General Fund. <br />RECOMMENDATION: <br />Conduct public hearing as advertised in the June 21, 2007 Sanford Herald. <br />ATTACHMENTS: <br />June 21, 2007 Notice in The Sanford Herald, <br />Agreement Regarding Incentive Funds for Caterpillar, Inc. <br />