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O'3 8 <br />NOTICE OF PUBLIC HEARING <br />• <br />Lee County proposes to participate in the cost of an <br />economic development project with the Lee County Economic <br />Development Corporation, which consists of the cost of retrofitting <br />a building and purchase of additional equipment located at 5715 <br />Clyde Rhyne Drive for the Caterpillar manufacturing plant. The <br />Board of Commissioners intends to consider sharing up to <br />$27,064.31 of the cost of the project with revenues from the Lee <br />County General Fund. The Board of Commissioners believes this <br />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 <br />project will be held on July 9, 2007 at 4:00 PM or as soon <br />thereafter as said matter can be reached on the agenda, in the <br />Commissioner's Room, Lee County Government Center, 106 <br />Hillcrest Drive, Sanford, North Carolina. All interested persons are <br />invited to attend and present their views. <br />Gaynell M. Lee, Clerk <br />Board of Commissioners <br />6 -al-o7 <br />0 <br />