1-27 - 1-28-22 BOC Planning Retreat

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Chairman Smith departed the meeting at 11:29 a.m. The Marelli facility will help the County differentiate from other areas because of the available training in life sciences. About a dozen inquiries received from existing industries that are being displaced because of a different use or they need additional space. This End UP Manufacturing plant has been leased to Caterpillar for three years. Mr. Randolph discussed other leased facilities by existing industry throughout the county. Basically, there are no existing vacant buildings available. SAGA is working with private developers at the Lee Brick site. The capacity is lining up for potential available inventory. Mr. Randolph advised that we need to look at what kind of investments we want to continue to make and what investments may be made in the workforce so existing and new industries can grow. On the workforce front, SAGA is working on staffing opportunities to be a better partner on collaborating opportunities in addition to working on the redesign of SAGA's website. Liberty Tire is arriving in Lee County and anticipates opening in March. The building is essentially complete. At Central Carolina Enterprise Park, lots six and nine are about 37 acres. Lot 10 is about 55 acres and has some unsuitable wetlands and a stream. There are also smaller lots, including 11, 12 and 13. Sites are certified by NC Department of Commerce and have access to utilities. These are ready sites. Commissioner Carver suggested working with companies to develop visions for their workforce experience. An example was provided in Holly Springs with Project Galaxy where Wake County had the company create and lead a business sustainability round table to help the business remain sustainable in the county. This shows government is interested in working with companies but we expect them to be a part of the solution. EconomicDevelopment-ProductReadyFlowChart-05.pdf 2023 REAPPRAISAL UPDATE - Michael Brown, Tax Administrator Update on 2023 Reappraisal Tax Administrator Michael Brown spoke about reappraisal process slated for January 2023. All real property is evaluated based on market value as of January 1, 2023. The values are looked at under a sales, cost and income approach. The last reappraisal was January 1, 2019. Statutes dictate that a reappraisal must occur at least every eight years, however Lee County does it every four years, which helps to keep up with the market. County tax administration staff for the reappraisal process include one manager, one reappraisal coordinator and three appraisers. The County will value all vacant land and residential approved property. Piner Appraisal is a vendor that will assist in valuing commercial/industrial properties. Staff is working on the next reappraisal now which is typically a two-year process. The schedule of values is a toolbox which is used and guidelines in the schedule of values that will be brought to the Board will include a schedule for market value and present use value, which can be done for agriculture, horticulture and forest land. There is an appeal process for anyone that has a dispute related to the determined values. An informal process is conducted by staff and after April 1st when the Board of Equalization and Review convenes, the appeals are turned over to the Board to consider changing values. Parcel count in 2021 is 31,867, which increased by 232 from the previous year. The parcel count is estimated to increase 112 parcels in 2022. Values are currently below market from the last reappraisal. The Eagleview Pictometry Project helps to get a straight down and 45-degree angle shot of a particular property. The software allows staff to measure building, topography and utility availability. The software also helps to identify changes made to properties. There were 8,123 properties reviewed in the last cycle which resulted in an increase of$10,661,000 in value. The change finder program cost about$115,000. NC values all property at true value, so 7