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r 1742 <br />r <br />\ J <br />RESOLUTION IN SUPPORT <br />WHEREAS, This RESOLUTION IN SUPPORT (RIS) authorized and approved by Cabarrus County, NC, <br />hereinafter referred to as "COUNTY," on behalf of SunCap Property Group, hereinafter referred <br />to as "PROSPECT, is as follows. <br />WHEREAS, PROSPECT desires to build a new logistics facility hereinafter referred to as "PROJECT ", <br />within the COUNTY; <br />WHEREAS, PROSPECT proposes to invest approximately thirty nine million five hundred thousand <br />dollars ($39,500,000) in PROJECT consisting of approximately one million six hundred thousand <br />($1,600,000) in offsite road improvements; <br />WHEREAS, PROJECT will allow for the creation of between two hundred (200) and two hundred <br />fifty (250) jobs; <br />WHEREAS, PROSPECT request economic assistance with offsite road improvements for PROJECT; <br />THEREFORE, THE CABARRUS COUNTY BOARD OF COMMISSIONERS RESOLVES THAT; <br />1. The COUNTY supports the location of the PROJECT within the COUNTY; <br />2. The COUNTY endorses the application of PROSPECT to request financial support from the <br />North Carolina Department of Transportation (NCDOT) to assist in the funding of the <br />offsite road improvements of PROJECT. <br />Adopted this the 14 day of December, 2015. <br />, Chairman <br />Cabarrus County Board of Commissioners <br />Attest: <br />Megan Smit, Clerk to the Board <br />Attachment number 5 \n <br />G -1 Page 346 <br />