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P , 1792 <br />CABARRUS COUNTY <br />BOARD OF COMMISSIONERS <br />NOTICE OF PUBLIC HEARING <br />June 20, 2016 — 6:30 P.M. <br />Economic Development Grant <br />Notice is hereby given that the Cabarrus County Board of Commissioners will hold a public <br />hearing at 6:30 p.m. (or as soon thereafter as persons may be heard) on Monday, June 20, <br />2016, in the Board of Commissioners' Meeting Room, located on the second floor of the <br />Cabarrus County Governmental Center, 65 Church Street SE, Concord, to consider an <br />economic development grant for Project Blue, pursuant to N.C. General Statute § 158 -7.1. <br />Project Blue proposes to upfit 21,443 square feet in a leased facility in Cabarrus County, with <br />a projected investment of approximately $5.8 million for the facility and equipment. A 5 -year <br />grant equivalent to 85% of the ad valorem taxes on the increase in real and personal property <br />tax values is requested. The proposed draft agreement is available for inspection in the Office <br />of the Clerk to the Board at the Governmental Center. <br />If reasonable accommodations are needed, please contact the ADA Coordinator at 704 -920- <br />2100 at least 48 hours prior to the public hearing. <br />Megan Smit, Clerk to the Board <br />Posted June 9, 2016 <br />Attachment number 2 \n <br />G -4 Page 393 <br />