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01.7 <br />attract a major manufacturer to the area. Harnett County has already committed to paying the <br />$120,000 subject to a public hearing which has not been scheduled at this time. Their plan is to <br />give $60,000 in the current fiscal year and $60,000 in the next fiscal year. Chatham County is <br />expected to consider the proposal at one of their upcoming meetings. The Board of <br />Commissioners voted to hold a public hearing on this matter at the January 17, 2017 meeting. <br />BUDGET IMPACT: $120,000 from Fund Balance <br />ATTACHMENT(S): Notice of Public Hearing from the Sanford Herald published on <br />January 26, 2017 and Map of the Manufacturing Region and the <br />Mega Site. <br />PUBLIC HEARING: Advertised to be held at the February 6, 2017 Board of <br />Commissioners Meeting. <br />PRIOR BOARD ACTION: At the January 17, 2017 meeting, the Board of Commissioners voted <br />to hold a public hearing on February 6, 2017. <br />RECOMMENDATION: Conduct a public hearing on February 6, 2017, and vote on approval <br />of the proposed project at the next Board of Commissioners meeting <br />on February 20, 2017. <br />