AG 2003 12 15 - Laserfiche WebLink

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Page six ¥1g: PROGRAM ADOPTION, AMMENDMENT AND EFFECTIVE DATES Earlier INDUSTRIAL DEVELOPMENT GRANT PROGRAM guidelines were adopted by the Cabarms County Board of Commissioners in June 1996. Subsequent modifications inclusive of dates of action by the County shall be routinely detailed and noted hereto. Applicability of a specific project to these 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-application meeting with the County Commission and elected officials of any local municipality impacted by a proposed project shall be held to validate project specifics and assure that current grant program criteria are applicable. Cabarrus Economic Development, Inc. shall provide a fiscal analysis of the project's impact upon the community inclusive of a recommendation from its Board of Director's as to whether the project proposal should be considered for the award of an incentive grant as detailed within policy guidelines. Only specific action by the Cabarrus County Commission shall be deemed acceptance of terms in a formal contractual grant agreement and by award of an INDUSTRIAL DEVELOPMENT GRANT thereto. Applicants for the INDUSTRIAL DEVELOPMENT GRANT PROGRAM shall use these guidelines in applying for a grant for new industrial development projects locating or existing industrial expansions occurring in Cabarrus County (and applicable cities/towns). These guidelines shall be an attachment to each formal grant award contract approved by the County. Other specific attachments to the formal agreement shall include but not be limited to: A project site plan, brief, written description of the project, its scope, number and type of employment positions, phasing and timing of the development and any other information that would be viewed as important in describing the project. A survey and legal description of the property along with proof of ownership, option to buy or other verifiable interest in the real property associated with the project. A copy of the current County incentive grant guidelines. A copy of the participating municipality's incentive grant guidelines (if applicable). The county tax card of record for the property as of January 1st of the year that the project is being considered. (Used to establish the base value of investment.) A copy of the most current State of North Carolina Industrial Incentive Program guidelines (if applicable). Other pertinent information that might apply to a specific project.