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Agenda - 1-4-16 Reg. Meeting
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Agenda - 1-4-16 Reg. Meeting
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111 <br />Public Nearing Notice <br />The Lee County Board of <br />CommWeloners:proposes to <br />participate In the.cost of an <br />economic development <br />project, called'.Pli <br />Core" which comteM <br />Of, 599 ry and <br />e ui msnt In the amount of <br />11MOM n <br />..County,,North Carolina. <br />The Lee. County: Board of <br />Commissioners also pro• <br />possetoperpcippls In the <br />cost of an economic devel- <br />opment protect called <br />"Project aAllnW'which con - <br />slob of bitting rerrova- <br />tions and the purchase of <br />machinery and equipment <br />Int•hb amount of $30,200,000 <br />In Sanford,. Les County, <br />North Carolina. <br />The Board of Commisslon- <br />am lntonda to.consider . <br />sharing up to 1126.354.25 <br />OWenty-M,ThoWand, <br />Three Hundred and Fifty - <br />Four Dollars and Twenty - <br />Five Cent) of the cost of <br />Project Core. and. approzim- <br />stely $583,746.24 (Five Hun- <br />dred Eighty -Three Thou- <br />sand, Seven Hundred Forty - <br />Six Dollere and Twenty <br />Cent) to the cost of Project <br />Winter with revenues from <br />the County's General Fund. <br />Both prolects;will stimulate <br />the local economy, promote <br />additional business and res- <br />ult in the creation of a num- <br />ber of jobs and increased <br />payroll In Lee County. <br />A public hearing on the pro- <br />posed County economic de- <br />velopment.incentive Invest- <br />ments for these projects will <br />be. held on Monday, Janu- <br />ary 4, 2016 at 6:00 p.m., or <br />as soon thereafter as the <br />matter can be reached on <br />the meeting agenda, in the <br />'Lee County Government <br />Center, First Floor, Commis- <br />sloners Room at 106 <br />HIIWW ter., Sanford, N.C. <br />All interes"d persons are <br />Invited to attend and <br />present their views. <br />
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