File #: 21-452   
Type: Resolution (Consent) Status: Passed
File created: 11/15/2021 In control: Board of Commissioners
On agenda: 12/14/2021 Final action: 12/14/2021
Enactment date: 12/14/2021 Enactment #: 2021-320
Title: Commissioner Philbeck - BOC - To Update the Provisions of the Gaston County Investment Grant Program to Extend the Small Business Investment Grant Program Through Calendar Year 2022
Sponsors: Tracy L. Philbeck
Attachments: 1. Adopted 2021-320, 2. Resolution & Local Investment Grant Program

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Commissioner Philbeck - BOC - To Update the Provisions of the Gaston County Investment Grant Program to Extend the Small Business Investment Grant Program Through Calendar Year 2022                     

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STAFF CONTACT

Donna S. Buff - Clerk to the Board - 704-866-3196

BACKGROUND

The Gaston County Board of Commissioners (BOC) has supported economic development for over 20 years in an effort to diversify and expand the tax base in the County.  The BOC recognizes the impact of the recession and in order to promote new investment, the BOC proposes to amend the County Investment Grant Program again in 2022 to include a 50% grant based on net new taxes paid on investments within the parameters of the grant program.

ATTACHMENTS

Resolution & Local Investment Grant Program