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County Manager y Date
--- -'— — County Attorney
Board of Commissioners
IREDELL COUNTY BOARD OF COMMISSIONERS
Date: June 5, 2001
Time: 7:45 p.m.The Iof nt
County Board ofComissioners met for a closed session in the Commissioners'
Meeting Room of Iredell County Government Center, 200 South Center Street, Statesville, NC
on June 5, 2001.
Attending the meeting were: Chairman Sara Haire Tice, Vice Chairman Steve Johnson,
Commissioner Tommy Bowles, Commissioner Karen Ray, and Commissioner Godfrey Williams.
Also attending were: County Manager Joel Mashb
Board Jean Moore. urn, County Attorney Bill Pope, and Clerk to the
The purpose of the meeting was to discuss matters relating to:
❑ G.S. 143-318.1](a)(])
❑ (2)
❑ (3)
X (4)
❑ (5)
❑ (6)
❑ (7)
Not a Public itecord
Scholarship/Academic
Attorney -Client
Industry/Economic Development
Real Property Purchase/Contracts/Leases
Personnel
Criminal Investigation
LOWE'S DISTRIBUTION CENTER: Brian McClure and David Green, representatives
of the Lowe's Distribution Center, located on Tomlin Mill Road, Statesville, NC,
Possible $11 million expansion. Also in attendance was Jeff McKay with the Greater Statesville
Development Corporation McKay discussed a
200,000 s f y said the company was proposing to expand its facility by
q. m and add t0 new jobs. Mr. McKay distributed information indicating that based
on a minimum investment of $11 million, the county would receive $51,770
revenues or $258,500 over a five-year period (based on current tax rate . per year in tax
grant could be approved, the company would be eligible to receive $41,360 per year over a five-year
period. ) He said that ifan incentive
McClure said the company would like for the wages of both the distribution center and the
corporate headquarters (off Exit 33/Interstate 77- Mooresville) to be used in the incentive
He said his company was also requesting dial the "threshold" on obtaining the grant be delayed until
the Project was completed. Mr. McClure said that if the grant were approved, the ex package.
begin immediately (July 2001).
expansion could