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-� CO( <br /> IPP <br /> * _... * . <br /> At. .r <br /> H CAR)`' <br /> LEE COUNTY BOARD OF COMMISSIONERS <br /> SPECIAL MEETING <br /> 106 HILLCREST DRIVE <br /> SANFORD, NORTH CAROLINA 27330 <br /> February 10, 2020 <br /> MINUTES <br /> Roll Call <br /> Present: Amy Dalrymple, Kevin Dodson, Arianna Del Palazzo, Robert Reives, <br /> Cameron Sharpe, Kirk Smith <br /> Absent: Dr. Andre Knecht <br /> CALL TO ORDER <br /> Chair Dalrymple called the meeting to order at 6:00 p.m. <br /> INVOCATION / PLEDGE OF ALLEGIANCE <br /> I. . PUBLIC HEARING <br /> A. Public hearing pursuant to North Carolina General Statute 158-7.1 to consider <br /> amended terms for a proposed economic development project known as <br /> Project Jupiter. <br /> The Board conducted a public hearing pursuant to North Carolina General Statute <br /> 158-7.1 to consider amended terms for a proposed economic development project <br /> known as Project Jupiter. County Attorney Whitney Parrish presented the <br /> amendments. Economic Development Director Bob Joyce reminded the Board that <br /> Project Jupiter is a life sciences project with the subject company proposing to <br /> manufacture a drug therapy product. The amended Project will consist of building <br /> and/or upfitting an industrial building and/or purchasing machinery and equipment in <br /> the amount of at least one hundred and nine million, four hundred thousand dollars <br /> ($109,400) over the seven year span of the agreement. Project Jupiter is a life <br /> sciences company and is expected to create at least two hundred and nine (209) new <br /> jobs with an average annual wage of eighty-three thousand, nine hundred dollars <br /> ($83,900). The wage is higher than the County's average annual wage of$41,784. <br />