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LEE COUNTY <br />Committed Today for a Better Tomorrow <br />LEE COUNTY BOARD OF COMMISSIONERS <br />ITEM ABSTRACT <br />Meeting Date: January 4, 2016 <br />SUBJECT: <br />DEPARTMENT: <br />CONTACT PERSON: <br />REQUEST: <br />ITEM NO. IX. B. <br />Information <br />XX Action Item + Public Hearing <br />Consent Agenda <br />Public Hearing for "Project Winter" <br />Economic Development - SAGA <br />Bob Joyce, EDC Director <br />Public Hearing for "Project Winter' <br />1.12 <br />SUMMARY: A public hearing has been advertised for this date and time to <br />consider an economic development project (Project Winter) <br />which consists of building renovations and purchase of <br />machinery and equipment in the amount of $30,200,000. <br />The Board is asked to share up to $583,746.24 for this project <br />with revenue from the County's General Fund. The project will <br />stimulate the local economy, promote additional business and <br />result in the creation of twenty-five (25) jobs and increase <br />payroll in Lee County. <br />BUDGET IMPACT: $583,746.24 from General Fund <br />ATTACHMENT(S): December 22nd Notice from The Sanford Herald <br />PUBLIC HEARING: Yes <br />PRIOR BOARD ACTION: N/A <br />RECOMMENDATION: Conduct public hearing as advertised for this date and time <br />and approve proposed project as presented <br />