My WebLink
|
Help
|
About
|
Sign Out
Home
Browse
Search
AG 2005 10 17
CabarrusCountyDocuments
>
Public Meetings
>
Agendas
>
BOC
>
2005
>
AG 2005 10 17
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
3/3/2006 8:33:58 AM
Creation date
11/27/2017 11:36:24 AM
Metadata
Fields
Template:
Meeting Minutes
Doc Type
Agenda
Meeting Minutes - Date
10/17/2005
Board
Board of Commissioners
Meeting Type
Regular
Jump to thumbnail
< previous set
next set >
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
203
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
View images
View plain text
<br />&-3 <br /> <br /> <br />The grantee is required to gi\fe detailed information on assets to be considered as part of the grant <br />application process, inclusive of anticipated depreciation schedules, leasing arrangements with <br />named parties holding financial interest in assets covered by the grant program, all business or <br />corporate names that may be applicable for purposes of asset ownership. Signed releases from those <br />holding financial interests in assets may be required as documentation for grant awards. <br /> <br />Rolling stock inclusive of automobiles, trucks, tractors, trailers or other licensed vehicles shall not <br />qualify as listed assets under[personal property for purposes of calculating the proposed projects <br />investment value. <br /> <br />County contributions to a specific project's infrastructure costs shall be deducted from the calculated <br />INDUSTRIAL DEVELOPMJ::NT GRANT PROGRAM award available for that specific project. <br /> <br />The grantee shall provide do.;:umentation in support ofthe fact that the County's INDUSTRIAL <br />DEVELOPMENT GRANT Pf-OGRAM was an important factor in its decision to locate or expand <br />facilities in Cabarrus County. <br /> <br />IV. PROGRAM ADOPTION, AMMENDMENT AND EFFECTIVE DATES <br />Earlier INDUSTRIAL DEVELOPMENT GRANT PROGRAM guidelines were adopted by the <br />Cabarrus County Board of Commissioners in June 1996. Subsequent modifications inclusive of <br />dates of action by the County shall be routinely detailed and noted hereto. Applicability of a specific <br />project to these program guid~lines shall be consistent with latest date of appropriate action by the <br />Board of County Commissioners and the date of application for the program. <br /> <br />A pre-application meeting with the County Commission and elected officials of any local <br />municipality impacted by a proposed project shall be held to validate project specifics and <br />assure that current grant program criteria are applicable. Cabarrus Economic Development, <br />Inc. shall provide a fiscal a~alysis of the project's impact upon the community inclusive of a <br />recommendation from its B<)ard of Director's as ,to whether the project proposal should be <br />considered for the award of lin incentive grant as detailed within policy guidelines. <br /> <br />Only specific action by the Ca~arrus County Commission shall be deemed acceptance of terms in <br />a formal contractual grant agre~ment and by award of an INDUSTRIAL DEVELOPMENT GRANT <br />thereto. <br /> <br />Applicants for the INDUS1'R!:AL DEVELOPMENT GRANT PROGRAM shall use these guidelines <br />in applying for a grant for n,w industrial development projects locating or existing industrial <br />expansions occurring in Cabmrus County (and applicable cities/towns). These guidelines shall be <br />an attachment to each formallfant award contract approved by the County. <br /> <br />Other specific attachments to the formal agreement shall include but not be limited to: <br /> <br />.6- <br />
The URL can be used to link to this page
Your browser does not support the video tag.