HomeMy WebLinkAboutC.054.93011_10901. Information on the tax burden relationships for cities/counties with per
capita income as well as population was shared.
2. A letter was shared from the North Carolina Association of County
Comissioners concerning a district meeting to be held at the Iredell
County Agricultural Center from noon until 4 p.m. on April 11, 2006.
3. Representatives from the Hexcel Corporation sent information
concerning possible expansion plans (relocation of a portion of the
company's facility to the Statesville area) and stressed the importance
of incentives in the decision-making process.
4. A poster, commemorating 250 years of history at Fort Dobbs on
April 8-9, 2006, was received.
CLOSED SESSION: OTIO by Chairman Tice at 9:48 p.m., to enter into
closed session for the purpose of discussing economic development matters pursuant to
G.S. 143-318.11 (a) (4) and a personnel item pursuant G.S. 143-318.11 (a) (6).
VOTING: Ayes — 5; Nays — 0.
(RETURN TO OPEN SESSION AT 10:19 P.M.)
REVISION TO THE BESTSWEET, INC., ECONOMIC DEVELOPMENT
INCENTIVE AGREEMENT: OTIO by Chairman Tice to amend the contract
with BestSweet from $7.8 million to $5.5 million which will change the incentive to
$19,140 a year, or a total of $95,700 over the five-year period.
VOTING: Ayes — 5; Nays — 0.
CALL FOR A PUBLIC HEARING ON APRIL 4, 2006 FOR RILEY
TECHNOLOGIES/deBOTECH: OTIO by Chairman Tice to call for a public
hearing on April 4, 2006 at 7:00 P.M., regarding an incentive grant between $3 million to
$4.5 million for Riley Technologies/deBotech. (Incentive over a five-year period at $3
million will be $52,500 and if the investment is $4.5 million, the incentive will be
$78,300 over a five-year period.)
VOTING: Ayes — 5; Nays — 0.
ADJOURNMENT: Chairman Tice adjourned the meeting at 10:22 p.m.
(NEXT MEETING: Tuesday, April 4, 2006 at 5:00 p.m. and 7:00 p.m., in the Iredell
County Government Center, 200 South Center Street, Statesville, NC.)
Approval:&z� 4. " ' —
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Acting Clerk to the Board
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