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File #: 23-482   
Type: Public Hearing Status: Passed
File created: 9/29/2023 In control: Economic Development Commission
On agenda: 10/24/2023 Final action: 10/24/2023
Enactment date: 10/24/2023 Enactment #: 2023-339
Title: Public Hearing - Re: Commissioner Keigher - EDC - To Approve a Gaston County Level One Incentive Grant Pursuant to N.C.Gen.Stat.158-7.1 and To Authorize Gaston County to Enter into an Economic Development Agreement (EDA) with Project Big Fish 1. Receive Citizen Comment 2. Close Public Hearing 3. Accept Motion to Approve Resolution
Sponsors: Tom Keigher
Attachments: 1. Adopted 2023-339, 2. Resolution

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Public Hearing - Re: Commissioner Keigher - EDC - To Approve a Gaston County Level One Incentive Grant Pursuant to N.C.Gen.Stat.158-7.1 and To Authorize Gaston County to Enter into an Economic Development Agreement (EDA) with Project Big Fish

1.  Receive Citizen Comment

2.  Close Public Hearing

3.  Accept Motion to Approve Resolution

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STAFF CONTACT

Sara Gilbert-Kay - Economic Development Commission - 704-825-4046

BUDGET IMPACT
budget

No Additional County Funds.

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BUDGET ORDINANCE IMPACT

N/A

BACKGROUND

Project Big Fish is considering a total investment of $2,000,000 to upfit and occupy additional space. Big Fish will be increasing their operational capacity from 6,000 sq/ft to 30,000 sq/ft. This investment includes costs associated with upfit and purchase & installation of machinery and equipment. Project Big Fish anticipates 10 new additional jobs over eighteen months and is scheduled to be completed no later than the second quarter of 2024.

POLICY IMPACT

N/A

ATTACHMENTS

Resolution