Laserfiche WebLink
Page six <br />confidentiality of information deemed to be proprietary in nature. The grantee shall provide the <br />county access to verifiable grant related support documentation. Failure of the county to obtain <br />required grantee documentation shall cause termination .of grant <br /> <br />The grantee is required to give 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 fi.om 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 licenced 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 infi.astructure costs shall be deducted from the calculated <br />INDUSTRIAL DEVELOPMENT GRANT PROGRAM award available for that specific project. <br /> <br />The grantee shall provide documentation in support of the fact that the County's INDUSTRIAL <br />DEVELOPMENT GRANT PROGRAM was an important factor in its decision to locate or expand <br />facilities in Cabarrus County. <br /> <br /> <br />