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V 1792 <br />r <br />� I <br />CABARRUS COUNTY <br />BOARD OF COMMISSIONERS <br />NOTICE OF PUBLIC HEARING <br />December 14, 2015 — 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, December <br />14, 2015, 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 Pac, pursuant to N.C. General Statute 158 -7.1. <br />Project Pac proposes to construct a 340,000 sq. ft. manufacturing building in Cabarrus <br />County, with a projected investment of approximately $39.5 million for the facility. A 3 -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 December 2, 2015 <br />Attachment number 3 \n <br />G -1 Page 344 <br />