AG 2007 06 18 - Laserfiche WebLink

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. ,, . The grantee is required to give dotailed infoimation on assets to be considerad as part of the grant application process; inclusive of anticipated depreciation schedules, leasing arcangements with named parties holding financial interest in assets covered by the grant program, all business or corporate names that may be applicable for purposes of asaet ownership: Signed releases fxom those holding financial interests in assets may be required as documentation for gcant a.wards. Rolling etock inclusive of automobiles, trucka, tractors, trailers or other 1'icensed vehicles shall not qualify as listed assets under personal prop.erty. for purposes of cslculating t~e proposed projects investment value. Counry conEributions to a specific proj ect's infractructure wats shall be deductad from the calculated INDUSTRIAL DBVELOP~v1ENT GRANT PROGRAM award availabla for that spocific pzoject: The grantae shall provide documentation in. support •of the fact that the County's INDUSTRIAL DEVELOPMENT GRANT PRQGRAM was an important factor in its decision to locate or expand facilities in Cabartus County, IV. PROGRAM ADOPTION, AMMENDMENT AND EFFECTIVE DATES Eazlier INDUSTRIAI. DEVELOPMENT GRANT PROGRAM guidelines were adopted by the Cabarrus County,Board of Commissioners in June 1996: Subsequent modificationa inclusive of dates of action by the County sha116e routinely detailed and noted hereto. Applicability of a specific project to thase program guidelines shall be consistent with latest date of appropriate action by the Board of County Commissioners and the date of application for the program; A pre-upplicatioa meeting with the Couaty Commiselon and elacted:official8 of any local municipnlity impucted by a proposed proJect shall be held to validate pro)ect specifics und. assure thut current grunt program criteriu are appltcable., Cabarrus Ecoaomic Development, Iac, shall provide a fiacal analysis of the project's Impuct upon the community inclusive of a recommendatioa From its Board oF Director's as to whether t4e proJect proposal should be . considered for the award of an inceative graut as de#ailad within policy guidetlqes, Onty 9pecific action by the Cabarrus County Commiseion shall be deemed acceptanca of terms in . a formal cont;actual grant egrecment and by award of an INDUSTRIAL DEVELOPMENT GRANT therota Applicants for the II~IUUSTRtAL DBVELOPMENf GRANT PROGRAM shall use thase guidalines in applying for a grant for new industrial development.projecta locating or exiating industrial expansiona occurring in Cabarrus County (and applicable cities/towris). Thase guidelines shall be an attachment to oach formal grant award contract approvad by the Coanty. Other specific attachments to the formal agreement shall include but not be limited to: .6. ~ C~- -3