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1792 <br />CABARRUS COUNTY <br />BOARD OF COMMISSIONERS <br />NOTICE OF PUBLIC HEARING <br />July 18, 2016 — 6:30 P.M. <br />Economic Development Investment <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, July 18, <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 investment for Project Hornet, pursuant to N.C. General Statute § 158- <br />7.1. Project Hornet proposes to construct a 30,000 square foot light industrial facility in <br />Cabarrus County, with a projected investment of approximately $2.75 million for the facility <br />and equipment. A 3 -year investment that is equivalent to 85% of the ad valorem taxes on <br />the increase in real and personal property tax values is requested. The proposed draft <br />agreement is available for inspection in the Office of the Clerk to the Board at the <br />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 July 7, 2016 <br />Attachment number 2 \n <br />G -1 Page 108 <br />