2002 - 10-21-02 Regular Meeting - Laserfiche WebLink

Home Browse Search

0 (i U U \ i9 PACE u Aye: Adams, Hincks, Lemmond, Matthews, Paschal, Reives, and Sauls Nay: None The Chairman ruled the motion had been adopted unanimously. The second public hearing concerned economic development incentive funds with the Lee County Economic Development Corporation. Economic Development Director Bob Heats told the board that this public hearing had been advertised to hear comments from the public concerning participation in the cost of an economic development project with the Economic Development Corp. and Meikle EMS Automation. If approved, the project would participate in the cost of renovation of an existing building and construction of a new manufacturing facility at a site on Hawkins Avenue in Lee County by Meikle EMS Automation. Mr. Hems told the board that this project will include construction of a new building of at least 15,000 square feet, renovations to the existing building, furnishings and equipment for an investment of at least two million five hundred and eighty thousand (S2,580,000.00) and will provide new employment of at least thirty (30) additional employees when fully operational. Mr. Heats further stated that the Board of Commissioners intends to consider sharing up to forty-one thousand seven hundred and sixty seven dollars ($41,767.00) of the cost of site preparation, extension fees, and extension of utility lines with revenues from the Lee County General Fund. He also stated that the project would stimulate the local economy, promote business and result in the creation of new jobs in the county. Mr. Heats, on behalf of the Lee County Economic Development Corporation, spoke in favor of this request. No one spoke in opposition to the request. Chairman Hincks closed the public hearing. Commissioner Sauls moved to approve (1) a resolution authorizing the expenditure of funds for an economic development project and approving an agreement with the Lee County Economic Development Corporation and (2) an Agreement for the Grant of County of Lee Funds, copies of which are attached to these minutes and by this reference made a part hereof. Upon a vote, the results were as follows: Aye: Adams, Hincks, Lemmond, Matthews, Paschal, Reives, and Sauls Nay: None The Chairman ruled the motion had been adopted unanimously. Chainuan Hincks opened the advertised public hearing concerning a one-half cent (1/2¢) local sales tax that will become effective January 1, 2003. The following individuals spoke in favor of the local sales tax: 5