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I~oo~~ 1`7 I'r,eF ~ <br />Section I. The resolution adopted by the Board at its regular meeting on March 16, <br />1998 calling for a public hearing on April 20,1998 on the aforementioned project is hereby <br />rescinded. <br />Section 2. That a special meeting of the Board of Commissioners be held on <br />Tuesday, April 7, 1998 at 5:00 p.m. in the Commissioners' Room on the first floor of the Lee <br />County Government Center, 106 Hillcrest Drive, Sanford, North Carolina, for the purposes of <br />holding a public hearing on the request for incentive funds of up to $683,778.00 by the Lee County <br />Economic Development Corporation to participate in the cost of site preparation at the Frontier Jet <br />Spinning project and to consider and pass upon the question of whether or not it should authorize, <br />in whole or in part, an economic development grant to the Lee County Economic Development <br />Corporation for the Frontier Jet Spinning project; <br />Section 3. The Clerk to the Board is authorized and directed to give notice of said <br />meeting as required by law and the rules of this Board. <br />Section 4. The action of the Chairperson and Clerk to the Board in causing notice of <br />the public hearing to be held on April 7, 1998 to be published in The Sanford Herald on March 27, <br />1998 on behalf of the Board of Commissioners is hereby adopted, confirmed and ratified. <br />Commissioner Garner seconded the motion, and upon a vote, the results were as follows: <br />Aye: Cox, Garner, Mansfield, Matthews and Paschal <br />Nay: None <br />The Chairperson ruled the motion had been adopted unanimously. <br />Commissioner Cox moved to adjourn the meeting. Commissioner Garner seconded the <br />motion, and upon a vote, the results were as follows: <br />Aye: Cox, Garner, Mansfield. Matthews and Paschal <br />Nay: None <br />The Chairperson ruled the motion had been adopted unanimously and the meeting <br />Bertha L. Matthews, Chairperson <br />NOR'H G4ROUKk LEE COUeM' <br />nrP; ~[fd tar fep~_eq~J~f~Nfw ~°Z ng" <br />r., crc!rd i~ :;ems! <br />P>~~llisW Thomas, Register of Oeeft <br />