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HomeMy WebLinkAboutC.054.93010_0417 (2)Economic Developer Melanie O'Connell Underwood said Lowe's had 1 145 acres in the Interstate 77/Exit 33 area. She said the initial investment of the co $80 Million- Mrs. Underwood said the corn Pans to purchase company would initially employ 1,000 employees. would be The Administrative Vice President for Lowes,Vining, two, five -story buildings that would be connected with John Vinin , focal point for the offices. He said the construction should begin in earl said Phase I would consist of were no firm plans for the " atrium. Vining said a lake would be the full build -out" at this time.) y 2002. (Vinin g said there No one else spoke and Chairman Tice adjourned the public hearing. MOTION by Commissioner Johnson to Compames, nc., , the amount stonerOf 0ohns extend an economic incentive to Lowe's over a six-year period, based on an $80 million County Industrial Incentive Policy, development, roads, and utilities and in accordance with the Iredell VOTING: Ayes - 5; Nays -- 0. Chairman Tice declared the meeting to be in a public hearing. CONSIDERATION OF AN ECONOMIC DEVELOPMENT INCENTIVE FOR Count Technical Institute. She said Iredell County's facility NASCAR Technical Institute, and an initial investment of y had been chosen as the seventh campus for Universal was planned by the scholol� UNIVERSAL TECHNICAL INC: Underwood said Iredell $12 milli ld Dennis Hendricks, a former director of one of the Institute's facilities in Florida, said his company was founded in 1965. He said the school would be a fully accredited automotive training school. Hendricks said the accreditation me students would be available for the Institute'snt the s attend the school six hours a day for 57 weeks. He same t. Mr. H assistance given to other college participants. Mr. Hendricks said the students would it was the current "hub" of the racing indust Mooresville area was chosen because and there was enough space for future n'' Hendricks said a 19 - growth. acre site had been purchased, No one else spoke and Chairman Tice adjourned the hearing. MOTION by Commissioner Bowles to Technica nsutute, in the amount of $225,60Q approve the economic incentive for Universal investment, and for the incentive to be used for site development a five-year Iredell County Industrial Incentive Policy, year Period, based a a a$12ccordance million pment and utilities and in accordance with VOTING: Ayes - 5; Nays - 0. Chairman Tice declared the meeting to be in a public hearing. PROPOSED AMENDMENTS TO THE IREDELL COUNTY SUBDIVISION ORDINANCE: William Allison, the county's subdivision administrator, said most ofthe revisions being proposed were non -substantive in nature. Allison said, however, there were six major revisions. He then described the followin g six revisions. • A provision requiring the fees for subdivision review to be increased to address the cost of reviewing and inspecting each plat. • A provision requiring developers to obtain preliminary or a private soil scientist before submission of a arysoil testings b • A requiat rement for unimproved o preliminary g y either the health department • A requirement that all major subdivisions be submitted 1 subdivisions olver ten 10 mylar and paper copies. mitted in digital format,( lots' • A revision in the n 8 along with the traditional to two lots.) weber of lots served by a gravel road. (This would be changed from six lots • A requirement indicating the submission ofa sketch plan would be required, rather than optional.