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AG 2005 10 17
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AG 2005 10 17
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Last modified
3/3/2006 8:33:58 AM
Creation date
11/27/2017 11:36:24 AM
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Template:
Meeting Minutes
Doc Type
Agenda
Meeting Minutes - Date
10/17/2005
Board
Board of Commissioners
Meeting Type
Regular
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<br /> <br />WIGHT&! <br />L1GHTNIN~ <br />/ <br /> <br />Wight Lightning Motorsports, LLC <br />Race Headquarters Project Parameters <br /> <br />Wight Lightning Motorsports, LLC (referred to as Wight Lightning) hereby proposes to build an <br />189,500 square foot race facility headquarters in North Carolina. This project outline is <br />provided in order to assist the State of North Carolina and the City of Concord in evaluating our <br />request for incentives that might be available based on potential employment opportunities, new <br />investment, and business activities. <br /> <br />After evaluating other markets 'in the US, including Indianapolis, Daytona, Orlando, Chicago, <br />and South Carolina for a location for the racing headquarters and central operations, the <br />preferred site is in the Charlotte/Concord/Mooresville area. Subject to assistance from the <br />local and state governm.ent, Wight Lightning is ready to move forward on the acquisition and <br />development of a site of a site in Concord, NC based on the following: <br /> <br />Business Activities <br /> <br />This facility is intended to be the headquarters and central operations for at least three NASCAR <br />racing teams, the primary one being Wight Lightning. lt will incorporate race car fabrication, <br />assembly and teardown, body shop operations, machining operations, parts allocation and <br />storage, parts modifications, parts fabrication, 'parts x-ray inspection, chassis and body <br />assembling, dyno testing on engines and chassis, graphics creation, hauler storage and <br />maintenance, team fitness facilities, retail sales, fan tou~s, and any other activity associated with <br />~nning a professional stock car race team operation. <br /> <br />Site Parameters <br /> <br />Wight Lightning plans to utilize a 13.9 acre site located in Concord, North Carolina, in the <br />Oalanont Industrial Park, near the intersection of Poplar Tent Rd. and Derita Rd. <br /> <br />Utility requirements include electrical service of 480-277 volt three phase with roughly 4,000 <br />amp service, water service line of 3 inch diameter, city sewer hookup, and natural gas service. <br /> <br />The estiffiated building footprint is 164,500 square feet' (including 25,000 square feet on a <br />mezzanine, or second, level) , excluding the hangar. <br /> <br />(2;--2.. <br />
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