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I CASAR~US <br /> NORTH CAROLINA <br /> <br />December Consent <br /> Agenda Item <br /> <br />MEMORANDUM <br /> <br />To: Board of Commissioners <br /> <br />Date: December 13, 1999 <br /> <br />Re: Concord Mills Project Incentive Grant <br /> <br />Please review the attached correspondence. Although not entirely anticipated within the scope of <br />the original Mills Incentive Grant Award, the agreement does allow for the extension of the <br />incentive program to out parcels within the concept of the original plan. <br /> <br />The Mills group was the only commercial incentive grant awarded that actually involved <br />performance by the grantee. The other commercial incentive grants awarded (Tanger, Zamias, <br />Fourth Quarter Properties, and the hotel project) have failed to initiate construction activity <br />within the required time frame. (See notation provided with the Report section of the December <br />20th meeting Agenda.) <br /> <br />Board action to confirm the Mills request is all that is needed to clarify the application of the <br />incentive grant program to the Mills out parcel. <br /> <br />This item is placed on the Agenda as a request for Board action to approve the addition of the <br />Mills out parcel to the Mills Incentive Grant as awarded. <br /> <br />The City of Concord would also have to concur to this action. <br /> <br />County Man{ger <br /> <br />FWC/dpl <br /> <br />cc: Fletcher Hartsell <br /> Ramsey Meiser, Mills Corporation <br /> Brian Hiatt, City Manager, Concord <br /> <br /> Office of the County Manager <br /> <br /> P. O. Box 707 ,, Concord, NC 28026-0707 ,, (704) 788-8100 · Chado[te 375-0829 <br /> <br /> <br />