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007 <br />I F:F C INTY <br />voDav \j V s � I • _ <br />✓' 2c '+K"Z�. t 2 <br />Committed Today for a Better Tomorrow <br />QUARTERLY JOINT MEETING BETWEEN THE <br />LEE COUNTY ECONOMIC DEVELOPMENT CORP( <br />LEE COUNTY BOARD OF COMMISSIONER <br />SANFORD CITY COUNCIL <br />AND <br />BROADWAY TOWN COMMISSIONERS <br />NC TELECOMMUNICATIONS SCHOOL <br />5910 CLYDE RHYNE DRIVEIIIlr, <br />SANFORD, NORTH CAROLIN.Al2733 <br />FEBRUARY 22, 20 <br />1 �hilr,_ <br />The quarterly joint meeting between the Lee Courity',la'Economic Development <br />Corporation, Lee County Board of Commissioners, Sanford City Council, and Broadway Town <br />Commissioners was held at the NC Teleco School, 5910 Clyde Rhyne Drive, <br />Lee County Industrial Park, Sanford, North Carolinafl(on said. date. Lee County Commissioners <br />• present for the meeting included Richard B "Larry "Doc" Oldham, Charles T. Parks, <br />Linda A. Shook, and James K. Womack, Jr. Commissioners absent were Nathan E. Paschal <br />and Robert T. Reives. Staff in attendance was County Manager John Crumpton, County <br />Attorney K. R. Hoyle and Clerk to the Board Gaynell Lee. <br />IIII <br />Mr. Tommy Marror l , Chairman of the Lee County Economic Development Corporation <br />called the meeting to orde#ra(t -m <br />Chairman Shook calked the meeting to order for the Lee County Board of <br />Commissioners. The City of Sanford and Town of Broadway did not have a quorum present <br />from theirrr`espe�ctiVe boards. <br />!l lEconomic Development Director Bob Heuts presented a power point presentation on <br />Economic Development 901 which outlined funding sources from local, state and federal <br />programsllfor interested companies looking at relocating in Lee County. Local programs <br />include screepling the Employment Security Commission, training from Central Carolina <br />Community College (CCCC), government grants (local incentive program), low interest loans <br />(revolving loan program), and building and site database provided by the City- County GIS <br />Department. State programs include tax credits, One North Carolina Fund, Job Development <br />Investment Grants, Community Development Block Grant, Industrial Revenue Bonds, training <br />(through CCCC), North Carolina Rural Center, Capital Access Program, and Water & Sewer <br />Grants Program. Federal programs include assistance from the Economic Development <br />Administration, grants for public facilities, Rural Development, grants to communities, and <br />• loans to businesses. <br />