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LEE COUNTY <br />[ ED a(DV03 <br />Committed Today for a Better Tomorrow <br />LEE COUNTY BOARD OF COMMISSIONERS <br />ITEM ABSTRACT ITEM NO. I. A. <br />Information <br />Meeting Date: February 8, 2012 ;6 Action Item <br />_ Consent Agenda <br />SUBJECT Incentive Agreement Between Lee County Economic Development <br />Corporation and Cloverleaf Cold Storage <br />DEPARTMENT Economic Development <br />CONTACT PERSON Bob Heuts <br />REQUEST Consider agreement regarding incentive funds for Cloverleaf Cold <br />Storage by and between the Lee County Economic Development <br />Corporation. <br />SUMMARY A public hearing was held during the regular meeting of the Board <br />on February 6, 2012 concerning the above referenced agreement. <br />Three citizens spoke in favor of the incentive agreement. <br />BUDGET IMPACT $206,807 over a five -year period <br />ATTACHMENT(S) Agreement <br />PUBLIC HEARING <br />PRIOR BOARD ACTION <br />No <br />Conducted public hearing during the February 6` regular meeting. <br />RECOMMENDATION Approve agreement between the Lee County Economic <br />Development Corporation and Cloverleaf Cold Storage as <br />presented. <br />