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�. J <br />RESOLUTION BY THE LEE COUNTY BOARD OF COMMISSIONERS <br />DRAFT ECONOMIC INCENTIVES GUIDELINES <br />March 18, 2013 <br />WHEREAS, Chapter 158 of the General Statutes of North Carolina <br />authorizes counties to engage in economic development activities; and <br />WHEREAS, North Carolina General Statute 15: <br />to contract with and appropriate money to a corporal <br />purpose that a County is authorized by law to perform; <br />WHEREAS, it is the sense of the Board <br />that the County should engage in activities <br />growth in the county and that the LCEDC s <br />activities on behalf of the County; and <br />WHEREAS, LCEDC, by action of its B( <br />willingness to perform such activitks on behalf <br />WHEREAS, under the au <br />Commissioners desires to establish <br />with North Carolina La nd gives <br />incentive possibilitie ct ne <br />NOW, T HEM <br />Economic Incentives <br />4) <br />authorizes counties <br />Scry out any public <br />be employed <br />for Lee County <br />C ag e economic <br />ertake such <br />Directors, has indicated its <br />Bounty; and <br />-7.1, the Board of <br />es Policy that complies <br />(hes to follow in discussing <br />retain existing businesses; <br />the County adopts the following <br />onsidered for a new or existing business unless <br />n with a jurisdiction outside the state of North <br />or Win that business in Lee County_ <br />be offered to any business or business unit of a <br />y operating in another county of North Carolina for <br />)ose of recruiting that business or business unit to <br />reloca a County. <br />No ince a will be offered to a prospective new business that would <br />directly compete for market share with an existing business in Lee <br />County if, in the opinion of the Board of Commissioners, the incentive <br />would represent a threat to the survival of the pre- existing business. <br />The new oF expand must create and maintain a minimum <br />of 25 new jobs in Lee County to be , considered for an incentiv e <br />existing busm e� c 7s will be- re q u i red -te- m a i ntain th same number Ef <br />existing jobs - as well -as sFea}ethe 25 new jobs The business will be <br />required to maintain all jobs for the duration of the incentive period. <br />Businesses will be required to show proof of job creation and be <br />