HomeMy WebLinkAboutC.054.93010_0417Economic 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.