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HomeMy WebLinkAboutC.054.93011_0816Investment Partnerships Program (HOME), Emergency Shelter Grants (ESG) and Housing Opportunities for Persons with AIDS (HOPWA). IN WCINESS WHEREOF, the Cooperating Units and Lead Entity have executed this Agreement as of the date first heretofore written. Counsel for each party does hereby state that this Cooperative Agreement is in accordance with NCGS 160-A-460-464 inclusive and provides full legal authority for the legal entities to undertake or assist in undertaking essential community development and housing assistance in the manner set forth in this agreement. PUBLIC HEARINGS Chairman Tice declared the meeting to be in a public hearing. Consideration of an Economic Development Incentive for Pratt Industries d/b/a Jet Corr: Economic Developer Jeff McKay said Pratt Industries, known locally as Jet Corr, was considering the possibility of constructing a new 300,000 sq. ft. facility and creating 80 new jobs. He said the investment would be approximately $22 million (10 million in the new building and 12 million in new equipment). McKay said that if the company chose to proceed, the project should be completed within the next 36 months. He said the facility currently operated out of a 140 sq. ft. facility off Weinig Street in Statesville, where 100 people were employed in the manufacturing of corrugated containers. McKay requested approval for the company to participate in the county's industrial incentive program based on the proposed new investment. Representatives from the company also attended the meeting, but did not speak. No one else chose to speak, and Chairman Tice adjourned the hearing. OTIO by Commissioner Johnson to approve the economic incentive request of Pratt Industries d/b/a Jet Corr in the amount of $382,800 (over a five-year period) based on an investment of $22 million. VOTING: Ayes — 5; Nays — 0. Chairman Tice declared the meeting to be in a public hearing. Consideration of Public Comments Regarding the Validity of the following Proposed General Obligation Bond Orders and the Advisability of Issuing the Bonds • Order Authorizing $44,630,000 in School Bonds ($36,400,000 for Iredell- Statesville & $8,230,000 for Mooresville) • Order Authorizing $6,000,000 in Community College Bonds The Chairman announced that this was the date and hour fixed by the Board of Commissioners for the public hearing upon the orders entitled: "ORDER AUTHORIZING $44,630,000 SCHOOL BONDS" and "ORDER AUTHORIZING $6,000,000 COMMUNITY COLLEGE BONDS" and that the Board of Commissioners would immediately hear anyone who might wish to be heard on the questions of the validity of said orders or either of them or the advisability of issuing said bonds. No one appeared, either in person or by attorney, to be heard on the questions of the validity of said orders or the advisability of issuing said bonds except for Woody Woodard, residing at 105 Stonehouse Drive, Statesville, North Carolina 28625, who appeared in person and stated education was the key factor, above all others, that would determine America's global status in the ever changing world and that he supported whatever method and means necessary to achieve the highest possible level of educational opportunities, and except Bedford Cannon, a resident of 3214 Banberry Drive, Statesville, North Carolina 28625, who appeared in person and stressed the importance of informing the public on what projects were being earmarked for the first phase, secondly, the importance of sharing a synopsis on what work would be done at each site, and thirdly, the importance of sharing the anticipated cost of the improvements at the various sites, and except R.B. Sloan, a resident of 117 Old Post