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File #: 23-173   
Type: Resolution (Consent) Status: Passed
File created: 4/5/2023 In control: Economic Development Commission
On agenda: 4/25/2023 Final action: 4/25/2023
Enactment date: 4/25/2023 Enactment #: 2023-121
Title: Public Hearing - RE: Commissioner Keigher - EDC - To Approve a Gaston County Level Three or Level Four 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 Crow Holdings 1. Receive Citizen Comment 2. Close Public Hearing 3. Accept Motion to Approve Resolution
Sponsors: Tom Keigher
Attachments: 1. Adopted 2023-121, 2. Resolution, 3. Presentation - Gaston Commerce Center Site Plan, 4. Presentation - Gaston Commerce Center Aerial (I-85), 5. Presentation - Gaston Commerce Center - Aerial (Shannon Bradley) 2x, 6. Presentation - Gaston Commerce Center - Building Corner

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Public Hearing - RE: Commissioner Keigher - EDC - To Approve a Gaston County Level Three or Level Four 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 Crow Holdings

1.  Receive Citizen Comment

2.  Close Public Hearing

3.  Accept Motion to Approve Resolution

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STAFF CONTACT

Donny Hicks - Economic Development Commission - 704-825-4046

BUDGET IMPACT
budget

No additional County funds.

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BUDGET ORDINANCE IMPACT

N/A

BACKGROUND

Crow Holdings is considering a total investment of $49,000,000 to design and build two buildings (i) 280,000 square feet and (ii) 420,000 square feet at its Shannon Bradley Road location. It is anticipated that the Company’s capital investment in and at the Property and its operations thereat will generate significant ad valorem tax, sales tax and other revenues to the County.

POLICY IMPACT

N/A

ATTACHMENTS

Resolution