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01 11 <br />stated they feel the required investment of $20,000 will be higher as they have entered into a long term <br />lease agreement for an additional building and will be purchasing inventory to create the 38 new <br />positions stated in the agreement. According to Zurn Industries a total of 100 jobs will be retained, in <br />addition to the 38 new jobs that will be created. Commissioner Womack expressed concerns with the <br />agreement because he did not feel there was sufficient claw back language in the agreement and he <br />felt the agreement was legally insufficient. Deputy County Attorney Dale Talbert explained the <br />agreement and stated it was based on the state's economic recruiting One NC Fund Agreement. After <br />discussion, Commissioner Hayes moved to approve the incentive agreement a3&,pr by the <br />County Manager and legal department between the Lee County Economic Development Corporation <br />and Zurn Industries. Discussion followed concerning a motion made and adoopfed at the August 15 th <br />meeting by Commissioner Reives which read as follows "in the future all minutes 8r)approved projects <br />by the Economic Development Corporation (EDC) Board, especially thoselof similar0type businesses <br />already located in the County, be provided as backup in the Commissioner's agenda package'. <br />Commissioner Reives moved to rescind the Board's previous motion as stated above. Upo dote, the <br />results were as follows: <br />Aye: Hayes, Oldham, Paschal, and Reives <br />Nay: Parks, Shook, and Womack <br />The Chairman ruled the motion had been adopted by a 4 to <br />Discussion continued with Commissioner Womack <br />has failed to ensure due diligent effort on the Imatl <br />r: <br />all future incentive packets until the EDC Boardlis' <br />and tied to claw backs. Commissioner Womackst <br />Manager and legal staff for their work on the Z6 <br />motion to approve the incentive agreement as pres <br />Aye: <br />Nay: <br />The Chairm <br />Authorizing the Ex, <br />Agreement with the <br />Agreement Regard <br />Corporation and Zui <br />hereof. <br />Hayes, Oldham, Paschal, ar <br />ParksA hook; and Womack <br />stating he felt this waa illegal act and the county <br />sr. He further stated` he would vote in opposition to <br />t compliant with the School of Government checklist <br />�, <br />tted�further he was disappointed in the County <br />n,projecf. Zpon a vote of Commissioner Hayes's <br />results were as follows: <br />n,rulea4the motion had been adopted by a 4 to 3 vote. Copies of the Resolution <br />lendit ee °ofa%Funds fo an Economic Development Project and Approving an <br />Lee Coun, Economic Development Corporation for Zurn Industries, LLC and an <br />ig Incentive �'Funds by and between the Lee County Economic Development <br />n Industries, L�LG are attached to these minutes and by this reference made a part <br />no Wrim <br />Upon a <br />to come before the Board, Commissioners Oldham moved to adjourn <br />the results were as follows: <br />None <br />Oldham, Parks, Paschal, Reives, Shook, and Womack <br />The Chairman ruled the motion had been adopted unanimously and the meeting adjourned at <br />5:40 p.m. <br />ATTEST: <br />Linda A. Shook, Chairman <br />Lee County Board of Commissioners <br />Gaynell M. Lee, Clerk <br />