Laserfiche WebLink
i 1792 <br />r n <br />CABARRUS COUNTY <br />BOARD OF COMMISSIONERS <br />NOTICE OF PUBLIC HEARING <br />April 16, 2012 — 6:30 P.M. <br />Economic Development Grant <br />Notice is hereby given that the Cabarrus County Board of Commissioners will hold a public hearing at 6:30 <br />p.m. (or as soon thereafter as persons may be heard) on Monday, April 16, 2012, in the Board of <br />Commissioners' Meeting Room located on the second floor of the Cabarrus County Governmental Center, 65 <br />Church Street SE, Concord, to consider an economic development grant for CORNING, INC., a New York <br />corporation ( "Corning "), pursuant to N.C. General Statute 158 -7.1. The Company proposes to expand its <br />operations in Cabarrus County, with a projected investment of approximately $50 million. A 3 -year grant <br />equivalent to 85% of the ad valorem taxes on the increase in real and personal property tax is requested. The <br />proposed draft 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 -2100 at least 48 <br />hours prior to the public hearing. <br />Kay Honeycutt, Clerk to the Board <br />Posted April 3, 2012 <br />Attachment number 6 <br />G -1 Page 160 <br />