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Public Hearing - RE: Commissioner Brown - 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 Deli
1. Receive Citizen Comment
2. Close Public Hearing
3. Accept Motion to Approve Resolution
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STAFF CONTACT
Alisha Summey - Economic Development Commission - 704-825-4046
BUDGET IMPACT
budget
No additional County funds.
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BUDGET ORDINANCE IMPACT
N/A
BACKGROUND
Project Deli, which has operated in Gaston County since 2008, is preparing for a total investment of $6.9 million in an 12,500 square foot expansion of their manufacturing plant in Gaston County in order to accommodate additional research & development, warehousing, and cafeteria space; and the firm intends to create forty (40) new jobs over the next two (2) years; the County will prepare a detailed Economic Development Agreement (EDA), between Project Deli and the County, to provide a Level One Incentive Grant, 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