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284 <br /> <br />DRAFT <br /> <br /> Mr. Jonathan Marshall, Planning services Director, reported the Stanley <br />Works Economic Development Project (95-E-0195) had been completed and <br />audited. Stanley Works built a distribution center off Highway 73 West. A <br />$500~000.00 grant was received from the Commerce Finance Center of the North <br />Carolina Department of Commerce to construct street improvements, provide a <br />generator and water and sewer improvements for the project, The Notice of the <br />Public Hearing was published in THE INDEPENDENT TRIBb~NE on August 18, 1999. <br /> <br /> At 6:55 P.M., Chairman Barnhart stated this was the date and time for a <br />public hearing on the close-out of the Stanley Works Economic Development <br />Project. Be asked if anyone wished to address the Board regarding this <br />matter. <br /> <br /> No one requested to address the Board, and Chairman Barnhart closed the <br />public hearing. <br /> <br />Appointment of Linde F. MeAbee as Re=istsr of Deeds Ef~ective Eentember 24, <br />~9~9 to Complete Bill Ross's Unexpired Term <br /> <br /> Mr. Bill ROSS, Register of Deeds, introduced MS. Linda McAbee, Chief <br />Assistant Register of Deeds. The Cabarrus County Democratic Executive <br />Committee had recommended Ms. McAbee to fill the remainder of Mr. Ross's <br />unexpired term upon his retirement on September 23. Mr. John Clark, Chairman <br />of the Cabarrus County Democratic Executive Committee, stated in a letter to <br />the County Manager that the committee had selected Ms. Mc~ubee at a July 24, <br />1999 committee meeting in compliance with the rules of the North Carolina <br />Democratic Party. <br /> <br /> UPON MOTION of Commissioner Privette, seconded by Commissioner Carpenter <br />and unanimously carried, the Board appointed Ms. Linda F. McAbee as Register of <br />Deeds effective September 24, 1999, to complets the remainder of Mr. Bill <br />Ross's unexpired term as recommended by the Cabarrus County Democratic <br />Executive Committee. <br /> <br /> Board members commended Mr. ROSS for his excellent job as Register of <br />Deeds and expressed appreciation to him for his service to Cabarrus County. <br /> <br /> Commissioner Fennel made a motion, seconded by Commissioner Privette, to <br />set MS. McAbee's salar~ at $45,000.00 per year including longevity. <br /> <br /> Mr. Hartsell advised that, based on his interpretation of the North <br />Carolina General Statutes, Ms. McAbee's base salary should be consistent with <br />the current salary of Mr. Ross. <br /> <br />Commissioner Fennel withdrew his motion. <br /> <br /> UPON MOTION of Commissioner Fennel, seconded by Commissioner Casper and <br />unanimously carried, the Board set the salary for Ms. Linde McAbee as Register <br />of Deeds at the equivalent of Mr. Ross's current annual salary of $50,252.80, <br />inclusive of longevity pay. <br /> <br />~ustrisl peveloDment Incentive Grant A~rsement for Owens Cornina - Public <br />~garina - 7zOO P.~. <br /> <br /> Mr. Maurice Ewing, President of the Economic Development Corporation <br />(EDC), introduced the Owens Corning Industrial Development Incentive Grant <br />request. He described the company's plans to locate a new manufacturing <br />facility in an existing building in the International Business Park to produce <br />bushings for the fiberglass manufacturing process. The projected investment is <br />approxiuuately $12.9 million (approximately $1.3 million in real estate and <br />$11.6 million in machinery and equipment) with an estimated County incentive <br />grant payment of $190,703.00. Mr. Ewing stated the company is not likely to <br />locate in Cabarrus County if the Grant is not approved. The EDC Board of <br />Directors recommended approval of the Owens Corning grant request om July 21, <br />1999; and the Concord City Council approved the incentives for the company at a <br />meeting ~arlier this date. <br /> <br /> Mr. Jeff Smith, Alloy operations Leader for Owens Corning, presented <br />information concerning the company, including its building materials group and <br />composites group. He also gave a brief overview of the process and operation <br />the company plans to relocate to Concord. According to Mr. Smith, the light <br />manufacturing process does not use or produce toxic materials, waste or employ <br />environmentally unsound production processes. Mr. Smith highlighted the <br />following details regarding the proposed project: (1) Workforce of 75-80 <br />production employees at an average wage of $15/00 an hour and 15 professional <br /> <br /> <br />