Agenda 2-20-17 Reg. Meeting - Laserfiche WebLink

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L.EE-COUNTY Committed Today for a Better Tomorrow LEE COUNTY BOARD OF COMMISSIONERS ITEM ABSTRACT ITEM NO. V. A. _ Information Meeting Date: February 20, 2017 X Action Item Consent Agenda SUBJECT: DEPARTMENT: CONTACT PERSON REQUEST: Public Hearing for the Site/Manufacturing Region Administration John Crumpton 0161 Marketing Proposal for Moncure Mega Request To Approve Grant $120,000 for the Marketing of the Moncure Mega Site/Manufacturing Region SUMMARY: NAI Carolantic has approached Chatham, Lee and Harnett counties asking for assistance in developing a comprehensive marketing plan to advertise and market the Moncure Mega Site and the Manufacturing region surrounding the site. If the developers are successful in siting a major manufacturer to the 2500 -acre mega site, additional manufacturers will have to locate to the area to support the major manufacturer. These support facilities will need to locate within a 50 -mile radius of the site. Lee County would be in an excellent position to attract several support facilities to the County. The City of Sanford is already heavily involved in assisting Chatham and NAI Carolantic in certifying the site by the State of North Carolina. The last piece to certification of the site is sewer availability. The City has already spent close to $100,000 in developing a feasibility study for sewer extension to the site and applying for a Golden Leaf grant which they were successful in obtaining a $4,000,000 grant for the extension. Estimated cost for the sewer extension is $12,000,000. According to the City Manager, the engineering for the sewer line could cost around a $1,000,000. The City's portion will be $500,000, which the City Council has already committed to paying. In addition, the sewer design will consider an extension to the Airport. This will further increase development opportunities at and near the airport. The funds granted will be used to hiring marketing consultants who specialize in the development of these major manufacturing sites. Advertising of the site will occur around the world. The funds will be paid to the Chatham County Economic Development Partnership. The Chatham EDC will responsible for working with the Developers to put a plan in place that will attract a major manufacturer to the area. Harnett County has already committed to paying the $120,000 subject to a public hearing which has not been scheduled at this time. Their plan is to give