title
Public Hearing - RE: Commissioner Keigher - 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 Tyca
1. Receive Citizen Comment
2. Close Public Hearing
3. Accept Motion to Approve Resolution
body
STAFF CONTACT
Sara Gilbert-Kay - Economic Development Commission - 704-734-8997
BUDGET IMPACT
budget
No additional County funds.
body
BUDGET ORDINANCE IMPACT
N/A
BACKGROUND
Project Tyca is considering a total investment of $1,300,000 to design, build and upfit a manufacturing and distribution facility at its Landers Chapel 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