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<br />CABARRUS COUNTY <br />BOARD OF COMMISSIONERS <br />AGENDA ITEM REQUEST <br /> <br />Agenda Item # J- - d. ~ <br /> <br />Meeting Date 8/21/06 <br /> <br />SUBJECT: <br />Industrial Development Incentive Grant - Old Charlotte Centre <br /> <br />BRIEF SUMMARY: <br /> <br />Old Charlotte Centre, a cabinet distribution company, currently operates in Cabarrus <br />County and is requesting an incentive grant at 85 percent to expand its business. The total <br />projected investment is $1,610,000 ($610,000 real estate and $1 million equipment). <br /> <br />REQUESTED ACTION: (Suggested motion if the Board approves the agenda item as presented) <br />Schedule a public hearing on September 11, 2006, at 5:30 p.m. (or as soon thereafter as <br />persons may be heard) to consider the incentive grant for Old Charlotte Centre. <br /> <br />Attachments IZI Yes D No Expected Length of Presentation <br />Submitted By: Ryan McDaniels, EDC Date: 3/17/06 <br /> <br />Budget Amendment Required: DYes D No <br />Budget Amendment Attached and Reviewed by Budget Officer: DYes D No <br />County Manager's Recommendations/Comments: <br /> <br />Manager's Signature <br /> <br /> <br />Q <br /> <br />Action Taken: <br />Approved [] <br />Denied [ ] <br /> <br />Deferred [] <br />Other [ ] <br /> <br />~~s <br />