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ADMINISTRATIVE MATTERS
DISCUSSION OF REVISION OF WATER AND SEWER LINE EXTENSION POLICY:
The board discussed a new industry that is considering moving to Iredell County. They plan to
make a S25 million investment and hire 200 people. The industrial recruitment was discussed in
executive session at the briefing meeting this afternoon. The City has requested some changes in
the current water and sewer agreement.
Under the present agreement (70% County/30% City), the county expects a return on its
investment through ad valorem taxes of the new industry in five years. Creation of jobs is a
criteria as well as environmental issues. There is no speculative investment done by the County --an
industry must be committed to come to Iredell County prior to the County's making an investment in
water and sewer extensions.
The City of Statesville has proposed a 50/50 arrangement whereby each entity would invest 50%
of the water and/or sewer line extension cost. The county discussed the following guidelines to be
in a revised policy:
1. 50/50 investment (county/city)
2. City wants to be able to annex
3. County does not want to be involved in a speculative venture; there
must be an industrial commitment for relocating in Iredell County.
4. County's investment must be recouped in five years through ad valorem
taxes.
5. No adverse environmental problems
Other items that were mentioned by the county commissioners were:
1. The new value should reflect the property tax generated after
the industry is built.
MOTION from Commissioner Haire to revise the water and sewer policy as stated above.
In discussing this motion, Commissioner Madison said he did think property values should go up
in the areas that benefit from the water and sewer line extensions. He had some concerns also about
the annexation.
MOTION from Commissioner Madison to table the matter until the next meeting.
Chairman Sloan said the pay -back has been changed from seven years to five years through ad
valorem taxes and the percentage of the costs of the line that the county fronts is less. He said
the County's goal should be to create tax base and jobs.
Commissioner Haire said the County should have a definite commitment from an industry that is
planning to locate in Iredell County. The County should be guaranteed to be repaid in five years
from the ad valorem taxes.
Commissioner Mitchell said the City of Statesville is waiting on an answer from the board. He
inquired about the time frame.
Chairman Sloan said they want to be in a position to make a decision right a way.
Commissioner Stewart said the cur—t 70/30 policy is still in existence.
VOTING ON TABLING- MOTION: Ayes - 5; Nays - 0.
This subject will be on the agenda at the August 4, 1992 meeting.
APPOINTMENTS TO BOARDS AND COMMISSIONS
MOORESVILLE PLANNING BOARD - ONE MILE PERIMETER AREA: Commissioner Haire nominated Clyde
Millsaps to this position, as recommended by the town of Mooresville. This would be a three-year
term ending June 30, 1992.
MOTION from Commissioner Mitchell to close the nominations and appoint Mr. Millsaps by acclama-
tion.
VOTING: Ayes - 5; Nays - 0.
MANAGER'S REPORT
Mr. Mashburn gave an update
on the Health Department renovation of the Kewaunee Building for
the health offices. He said the
renovation is still on track. There is a tremendous amount of
work
to be done. It has required a lot
of effort, he said.
The landfill construction was
slow on the baler building project. The contractor is now
back
on the job and says he will still
be able to meet the completion date.
'
The administrative offices
of the courts. The Project Needs Assessment work is going on
the
and
court
and the representatives will be
meeting with officials from the Mooresville offices of
needs
also. They are hoping to have
some cooperative efforts with Mooresville to met the court
Mr. Mashburn said.