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P , 1792 <br />CABARRUS COUNTY <br />BOARD OF COMMISSIONERS <br />NOTICE OF PUBLIC HEARING <br />November 21, 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, November <br />21, 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 a <br />modification to an economic development investment for ISE (formerly ECS, Project Hornet <br />approved in July, 2016), pursuant to N.C. General Statute § 158 -7.1. ISE proposes to construct <br />a 45,000 square foot light industrial facility in Cabarrus County, with a projected investment <br />of approximately $3 million for the facility and equipment. The location of the facility has <br />changed and the amount of the investment by ISE has increased. A 3 -year investment <br />equivalent to 85% of the ad valorem taxes on the increase in real and personal property tax <br />values is requested. The proposed draft agreement is available for inspection in the Office of <br />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 November 10, 2016 <br />Attachment number 2 \n <br />G -2 Page 206 <br />