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i 1792 <br />r n <br />CABARRUS COUNTY <br />BOARD OF COMMISSIONERS <br />NOTICE OF PUBLIC HEARING <br />June 18, 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, June 18, 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, pursuant to N.C. General <br />Statute 158 -7.1. The Company proposes to expand its operations in Cabarrus County, with a projected <br />investment of approximately $32 million for new equipment. A 3 -year grant equivalent to 85% of the ad <br />valorem taxes on the increase in personal property tax is requested. The proposed draft agreement is <br />available for inspection in the Office of the Clerk to the Board at the 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 June 6, 2012 <br />Attachment number 5 <br />G -2 Page 246 <br />