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Public Hearing - RE: Commissioner Jack Brown - EDC - To Approve a Level Four Incentive Grant to Project Triple Play
1. Receive Citizen Comment
2. Accept Motion to Approve
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STAFF CONTACT
Donny Hicks - Economic Development Commission - 704-825-4046
BUDGET IMPACT
budget
$4,255,617.00 (Gaston County Incentive Portion)
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BUDGET ORDINANCE IMPACT
N/A
BACKGROUND
Project TRIPLE PLAY is considering a total investment of $100 million in new construction and machinery & equipment to establish a warehouse and distribution facility in the Kings Mtn. Corporate Center with the expectation to complete this investment on or before December 31, 2022; and the County will enter into a detailed Economic Development Agreement (EDA), between Project TRIPLE PLAY, the County, the City of Kings Mtn., and the City of Gastonia, so as to induce the company to provide good job opportunities and capital investment which will enhance the County’s ability to attract additional business and industry.
POLICY IMPACT
N/A
ATTACHMENTS
Resolution