Laserfiche WebLink
( / <br />LEE COUNTY <br />n0Q9GO a000aa <br />Committed Today for a Better Tomorrow <br />LEE COUNTY BOARD OF COMMISSIONERS <br />ITEM ABSTRACT ITEM NO. V. A. <br />Information <br />Meeting Date: June 18, 2012 XX Action Item <br />Consent Agenda <br />SUBJECT Authorizing Resolution for Economic Infrastructure Grants Program <br />through NC Rural Economic Development Center, Inc. (Rural <br />Center) <br />DEPARTMENT Administration <br />CONTACT PERSON Lisa G. Minter, Assistant County Manager /Finance Director <br />REQUEST To approve the authorizing resolution for the Economic <br />Infrastructure Grants Program offered by the Rural Center <br />SUMMARY Lee County has received notification of a $500,000 grant award <br />from the Rural Center for assistance on the Caterpillar /Lee County <br />Industrial Park Road Improvements project from the Economic <br />Infrastructure Grants Program. This resolution is part of the <br />requirements to receive the funding. <br />BUDGET IMPACT $29,000 in matching funds is required. $9,320 will come from other <br />capital projects. $19,679 will be transferred from unspent incentive <br />funds in the General Fund. <br />ATTACHMENT(S) Authorizing Resolution Economic Infrastructure Grants Program <br />PUBLIC HEARING No <br />PRIOR BOARD ACTION N/A <br />RECOMMENDATION Approve Resolution for Economic Infrastructure Grants Program as <br />presented <br />