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038 <br />EE COUNTY <br />Committed Today for a Better Tomorrow <br />LEE COUNTY BOARD OF COMMISSIONERS <br />ITEM ABSTRACT ITEM NO. V. <br />XX Information <br />Meeting Date: June 2, 2008 Action Item <br />- Consent Agenda <br />SUBJECT: Public Hearing for Economic Development Incentives <br />DEPARTMENT: Economic Development Corporation <br />CONTACT PERSON: Bob Heuts, Economic Development Director <br />REQUEST: Conduct Public Hearing <br />SUMMARY: At the May 19, 2008 meeting, the Board called for a public <br />hearing for June 2, 2008, to consider participation in the cost <br />of an economic development project with the Lee County <br />Economic Development Corporation, which consists of the <br />cost of expansion for the 3M manufacturing plant. <br />BUDGET IMPACT: <br />$40,463 over a 5-year period. <br />ATTACHMENT(S): (1) May 22, 2008 Public Notice in The Sanford Herald <br />Note: Additional information and a Resolution for the Board <br />to consider will be distributed prior to Monday's meeting. <br />PUBLIC HEARING: Yes <br />PRIOR BOARD ACTION: N/A <br />RECOMMENDATION: Conduct public hearing as advertised. <br />U <br />