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Public Hearing Notice <br />The Lee County Board of Commissioners proposes to <br />participate in the cost of an economic development project, <br />called "Project Flint" which consists of building renovations <br />and the purchase of machinery and equipment in the amount <br />of $28,000,000 (Twenty -Eight Million Dollars) in Sanford, Lee <br />County, North Carolina. <br />The Board of Commissioners intends to consider sharing up <br />to $530,424 of the cost of the project with revenues from the <br />County's General Fund. Additionally, the County will consider <br />contributing approximately $100,000 to the project for the <br />value of certain items of business personal property. The <br />project will stimulate the local economy, promote additional <br />business and result in the creation of a number of jobs and <br />increased payroll in Lee County. <br />A public hearing on the proposed County economic <br />development incentive investment for this project will be <br />held on Monday, November 16, 2015 at 6:00 o'clock p.m., <br />or as soon thereafter as the matter can be reached on the <br />meeting agenda, in the Lee County Government Center, <br />Commissioners Room at 103 Hillcrest Dr., Sanford, N.C. All <br />interested persons are invited to attend and present their <br />views. <br />