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Public Hearing - RE: Commissioner Jack Brown - EDC - To Approve an Industrial Retention Grant to Project BOB
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
$21,895.40 (Gaston County Grant Amount)
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BUDGET ORDINANCE IMPACT
N/A
BACKGROUND
Project BOB is considering a total investment of $1.05 million in an expansion of existing manufacturing facilities in Gastonia with the expectation to complete the expansion on or before December 31, 2021; and, the County will enter into a detailed Economic Development Agreement (EDA), between Project BOB, the County, 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