File #: 24-435   
Type: Resolution (Consent) Status: Passed
File created: 8/28/2024 In control: Economic Development Commission
On agenda: 9/19/2024 Final action: 9/19/2024
Enactment date: 9/19/2024 Enactment #: 2024-327
Title: Commissioner Brown - EDC - To Authorize an Application to the NC Department of Commerce (NCDOC) Rural Economic Development Division Building Reuse Grant Program on Behalf of Project Flower
Sponsors: Chad Brown
Attachments: 1. Adopted 2024-327, 2. Resolution
Related files: 24-434

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Commissioner Brown - EDC - To Authorize an Application to the NC Department of Commerce (NCDOC) Rural Economic Development Division Building Reuse Grant Program on Behalf of Project Flower

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STAFF CONTACT

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

BUDGET IMPACT
budget

No Budget Impact.

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BACKGROUND

Project Flower is considering a total investment of $1,500,000 to upfit, customize and operate a manufacturing and distribution facility in Gaston County. The Local Investment Grant will be used as the match and no additional funds will be obligated by the County if a match is required. This will potentially increase property and sales tax revenue based upon Project Flower choosing to locate its manufacturing and distribution operations in Gaston County.

POLICY IMPACT

N/A

ATTACHMENTS

Resolution