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HomeMy WebLinkAboutC.054.93009_1688sufficient documentation establishing the expenditure by the qualifying company for job education training and skills, including, but not limited to, instructional salaries and expenses of all kinds, including living and lodging expenses legitimately incurred by the qualifying company and expenses for the moving of machinery and equipment necessary for the training and education of employees and any other legitimate expenses associated with the training and education of employees and the equipping of them for job skills. 4. Where they deem the job skills to be required by a new industry locating within Iredell County to be unique to the Iredell County work force or otherwise unavailable in the existing work force, the Iredell County Commissioners may waive some or all of the investment requirements of paragraph 3(a) above, and/or the investment -to -employee ratio required by paragraph 3(c) above. In such event, the qualifying company shall be eligible for lump -sum reimbursement of its job training cost, in such amount not in excess of $150,000.00, as shall be determined by the Board of Commissioners of Iredell County, considering the number of jobs created, the skills required, and the total investment as determined for ad valorem tax purposes. 5. Where reimbursement is made pursuant to paragraph 4 above, Mitchell Community College will act as disbursing agent for Iredell County. Requests for disbursement pursuant to paragraph 4 will be accompanied by sufficient documentation to allow Mitchell Community College to determine that the qualifying company has expended the amount requested for reimbursement for job training, employee education, and skill enhancement, including but not limited to instructional salaries and expenses of all kinds, living and lodging expenses legitimately incurred by the qualifying company, and expenses for the moving of machinery and equipment necessary forthe training and education of employees, and any other legitimate expenses associated with the training and education of employees and the equipping in of workers for job skills. MOTION by Commissioner Fortner to adopt the following Industrial Training Program Resolution for Goodyear, Inc., and to authorize the Chairman to sign the document. VOTING: Ayes - 5; Nays - O. RESOLUTION FOR THE IREDELL INDUSTRIAL TRAINING PROGRAM & GOODYEAR, INC. WHEREAS, the Iredell County Board of Commissioners, on August 26,1996, created the Iredell Industrial Training Program to be administered by Mitchell Community College; and WHEREAS, by amendment duly adopted on November 4, 1997, the Iredell County Commissioners amended the Iredell Industrial Training Program; and WHEREAS, Goodyear has submitted an application for reimbursement for job training expenses incurred by it in relocating its facility to Iredell County; and WHEREAS, we find that the skills required by Goodyear are unique and are not available in the general work force of the citizens of Iredell County, and that the citizens of Iredell County will benefit by having its workers trained in the skills required by Goodyear; and WHEREAS, Goodyear has committed to Iredell County a total investment for ad valorem tax purposes in the amount of $15,000,000.00, with an expectation of a total work force of 70 employees; and WHEREAS, Goodyear will not handle or process hazardous waste or low-level nuclear waste, and will not pollute the air, soil, or waters of this County; NOW, THEREFORE, BE IT RESOLVED: 1. Goodyear qualifies for participation in the Iredell County Industrial Training Program.