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BK:00028 PG -0004 <br />County Manager John Crumpton updated the Board on the Colon Road -Osgood Community <br />water testing. Seventeen applications were received over the Christmas -New Year holidays. A total of <br />fifty-four applications have been received to date requesting testing. Ten home owners have been <br />notified of elevated levels in their water and advised not to use for drinking or cooking. No action was <br />taken. <br />It was noted that Community Development staff is trying to schedule a joint informational <br />meeting with the Board of Commissioners, Joint Environmental Affairs Board and State staff to discuss <br />the water testing. It was noted by Community Development Director Marshall Downey that no definite <br />date has been set at this time for the meeting. <br />At this time the Board took a five-minute recess. Upon returning from recess, with all Board <br />members present, the regular meeting resumed. <br />At 6 p.m. the Board conducted two public hearings for economic development incentives. <br />Economic Development Director Bob Joyce presented and discussed the first hearing for <br />"Project Core" (Core Mark). Mr. Joyce stated "Project Core" would consists of the purchase of <br />machinery and equipment in the amount of $1,500,000, and the addition of twenty-five new jobs at an <br />annual salary of $31,800. The five-year incentive proposed is estimated at $16,354.25. It was also <br />noted the Economic Development Executive Board has approved the proposed project. <br />Chair Dalrymple opened the public hearing that had been advertised for this date and time. <br />Economic Development Director Bob Joyce spoke in favor of the project and stated it would <br />stimulate the local economy, promote additional business and result in the creation of new jobs and <br />increase payroll in Lee County. <br />No one present spoke in opposition to the proposed incentive project. <br />Chair Dalrymple closed the public hearing. <br />Mr. Joyce presented and discussed the second hearing for "Project Winter". Mr. Joyce stated <br />"Project Winter" would consists of building renovations and the purchase of machinery and equipment <br />in the amount of $30,200.00. A total of twenty-five new jobs will be added at an annual average salary <br />of $45,000. The expansion project will take place over five -years. New machinery will be purchased <br />and/or moved to the Sanford location in 2017-18. The six-year grant is estimated at $583,746.24. <br />Chair Dalrymple opened the public hearing that had been advertised for this date and time. <br />Economic Development Director Bob Joyce spoke in favor of the project and stated the project <br />will stimulate the local economy, promote additional business, result in the creation of new jobs, and <br />increase payroll in Lee County. <br />No one present spoke in opposition to the proposed project. <br />Chair Dalrymple closed the public hearing. <br />Commissioner Reives moved to approve economic development incentive grants for "Project <br />Core" and "Project Winter" as presented during the public hearings. Upon a vote, the results were as <br />follows: <br />4 <br />