File #: 16-617   
Type: Resolution (Non-Consent) Status: Passed
File created: 12/20/2016 In control: Board of Commissioners
On agenda: 1/24/2017 Final action: 1/24/2017
Enactment date: 1/24/2017 Enactment #: 2017-032
Title: Commissioners Philbeck & Brown - BOC - To Update the Provisions of the Gaston County Investment Grant Program to Extend the Small Business Investment Grant Program Through Calendar Year 2017
Sponsors: Tracy L. Philbeck, Chad Brown
Attachments: 1. Adopted 2017-032, 2. Resolution & Local Investment Grant Program

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Commissioners Philbeck & Brown - BOC - To Update the Provisions of the Gaston County Investment Grant Program to Extend the Small Business Investment Grant Program Through Calendar Year 2017                     

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STAFF CONTACT

Donna S. Buff - Clerk to the Board - (704) 866-3196

BACKGROUND

The Gaston County Board of Commissioners (BOC) has supported economic development for over 20 years in an effort to diversify and expand the tax base in the County.  The BOC recognizes the impact of the recession and in order to promote new investment, the BOC proposes to amend the County Investment Grant Program again in 2017 to include a 50% grant based on net new taxes paid on investments within the parameters of the grant program.

ATTACHMENTS

Resolution; Local Investment Grant Program