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HomeMy WebLinkAboutC.054.93011_0804x IREDELL COUNTY BOARD OF COMMISSIONERS REGULAR MINUTES JULY 19, 2005 The Iredell County Board of Commissioners met in Regular Session on Tuesday, July 19, 2005, at 7:00 p.m., in the Iredell County Government Center (Commissioners' Meeting Room), 200 South Center Street, Statesville, NC. Present were: Sara Haire Tice, Chairman Vice Chairman Godfrey Williams Steve D. Johnson Ken Robertson Absent: Marvin Norman Staff present: County Attorney Bill Pope, County Manager Joel Mashburn, Deputy County Manager Susan Blumenstein, and Clerk to the Board Jean Moore. CALL TO ORDER by Chairman Tice. INVOCATION by Commissioner Williams. PLEDGE OF ALLEGIANCE: Boy Scout Troop 619, sponsored by the Union Grove Methodist Church, led the Pledge of Allegiance. Scout leaders accompanying the boys to the meeting were Jim Hamer, David Perry, and Steve Bergandine. ADJUSTMENTS TO THE AGENDA: OTIO by Chairman Tice to approve the agenda with the following revisions. Additions: • Closed Session for Attorney/Legal — G.S. 143-318 11 (a) (3) Deletion: • Request from the Telco Community Credit Union for a Letter of Endorsement from the County Manager for the Establishment of Community Charter in Iredell County VOTING: Ayes — 4; Nays — 0. PUBLIC HEARING Chairman Tice declared the meeting to be in a public hearing. Consideration of an Economic Development Incentive for Lowe's Companies, Inc.: Economic Developer Melanie O'Connell Underwood along with Lowe's representatives Ames Flynn and David Greene attended the meeting to discuss an economic development incentive grant. Underwood said the company was requesting a grant for its Phase III project in the amount of $2,292,000 (over six years) based on a $110 million investment. Lowes Vice President of Administration Ames Flynn said it was the company's intent, as a part of its overall campus master plan, to initiate a third phase consisting of approximately 730,000 sq. ft. of office space. He said Phase III would consist of two buildings at the Mt. Mourne site, and it would accommodate 2,500 additional employees. He said Phase II would open this fall with 2,000 employees. Flynn said the projected cost of Phase III would be over $110 million, and the company planned to finalize the construction/architectural work and bids by the end of this year. He said construction would begin in early 2006 with completion expected in early 2008. Chairman Tice thanked the Lowes representatives for their confidence in the county and expressed appreciation for the company's continued investment along with the substantial number of jobs being created.