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November 15, 2002 <br /> <br />ICABARRUSCOUNTYI <br /> NORIR CAROLINA <br /> <br /> November 18, 2002 <br />Consent Agenda Addition <br /> <br />MEMORANDUM <br /> <br />TO: Board of Commissioners <br /> <br />RE: Estoppel - Mills Corporation <br /> <br />It is my understanding that the Mills Corporation is refinancing the Concord Mills project and <br />requests the attached 'ESTOPPEL AND AGREEMENT' be approved to aid that process. <br /> <br />Fletcher Hartsell and Attorneys for the City of Concord have reviewed the attachment and <br />concur on its approval. <br /> <br />Questions should be directed to Mr. Hartsell. This action has no outstanding impact on the <br />Incentive Agreement with the Mills Corporation except to allow an assignment of the incentive <br />revenues to a third party. <br /> <br />Respectfully, <br /> <br />Frank W. Clifton, Jr. <br />County Manager <br /> <br />FWC/sb <br /> <br />Attachment <br /> <br /> Office of the County Manager <br />P.O. Box 707 · Concord, NC 28026-0707 · 704-920-2100 · Fax 704-920-2820 · Charlotte 704-375-0829 <br /> www. co.cabarrus.nc.us <br /> <br /> <br />