2003 - 05-05-03 Regular Meeting - Laserfiche WebLink

Home Browse Search

0 0 ego; 9 Pace _ 001 Legals Nu I jut a PUBLIC HEARING AND INTENTION TO SUBMIT TO THE DEPARTMENT OF COMMERCE AN APPLICATION FOR APPROVALOF AN INDUSTRIAL PROJECT The Lee County In- dustrial . `Facilities and Pollution Control Financing Authority (the "Authority") has determined to issue its revenue bonds in the principal amount of not more ' than $9,250,000 for the fi- nancing of all or a portion of the cost of an industrial project and intends to submit to the Secretary of the North Carolina De- partment of Com- merce an application for approval of the project if the issuance of the revenue bonds and the nature and lo- cation of the project AFFIDAVIT OF PUBLICATION (Continued) .001 Legals are approve y t e Board of County Commissioners of the County of Lee, North .Carolina. The project consists of construction, equipping and fur- nishing of an approxi- mately 125,000 square' foot- manufacturing facility for the manu- .facture of equipment for Catepillar tractors to be located at 5915 Elwin Buchanan Drive, Sanford, Lee County, North Caroli- na - (the -"Project'). The initial operator of the Project will be Catepillar Logistics Services, Inc. and the owner will be Lee Central, LLC, a North Carolina limited lia- bility company. The Project will create or save approximately 30 new jobs. The Au- thority entered into a Memorandum of Agreement dated No- vember 26, 2002 com- mitting the Authori- 001 Legals- ty, upon t e Batts ac- tion of,the terms con- tained in such agree- ment, to issue its rev- enue bonds on behalf of the Project. . The approximate cost of the Project is $9,250,000 and the maximum aggregate principal amount of bonds proposed to be issued by the.Author- ity is $9,250,000. Please take notice that the Board of County Commission- ers of the County of Lee will hold a public hearing at the Com- miss toners': Room in the Lee County Gov- ernment -Center (1st Floor) 106 Hillcrest Drive, Sanford, NC 27330 on May 5, 2003, at nine o'clock, a.m., or as soon thereafter as it. can be reached on the agenda, at which any person may be heard regard- ing the proposed issu- ance of such revenue 001 Legals " 001 Legals . ' . Me eputyecretary of the Department. of Commerce, Com- merce Finance Cen. -ter, 301 .North Wil- mington Street, 4318 Mail Service Center Raleigh, NC 2769& 4318 - Gaynell M. Lee, . Clerk, Board of Commissioners County of Lee, North Carolina and location: of the Project. Following the hearing the Board of County Commis- sioners intends to consider and take ac- tion on proposals to approve the -issuance of. such revenue bonds and to approve the Project in princi- ple. ..Any person wishing to comment in writ- ing on the proposed revenue bonds, the Project and the sub- mission of the appli- cation in connection therewith should do so, within 14 days at- ter the date of publi- cation of this notice, to the Authority of The Lee County. In- dustrial -Facilities and Pollution Control Financing Authority it 106 Hillcrest Drive, Sanford. NC 27330, to the Board of County Commissioners at 106 Hillcrest Drive, San- ford; NC 27330. and to NORTH CAROLINA, LEE COUP e ed for regis~ation on thedd day /0 20-ata,3G> recorded Book page ,3 Nellie W. Thomas, Register of Deeds Page 2 of 2 Pages