BC 2012 04 16 Regular Meeting - Laserfiche WebLink

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April 16, 2012 (Regular Meeting) Page 1031 We realize that you are not able to make all of the changes which would be needed to make that a reality. However, you can start the process of removing and reducing the impediments to business growth here in Cabarrus County. In fact you have already taken a couple of steps in that direction with the implementation of the Economic Development Corporation and the Council for a Sustainable Local Economy. I encourage you to continue to explore and implement those things which will turn our county into a more business friendly home for not only new business and industry but for the hundreds of companies already here. Isn't it time for us to take another step along the path of thinking outside the box and finding alternative ways of encouraging companies to relocate to and expand here in Cabarrus County? There are lots of alternatives which have yet to be explored and there are many of us who are willing to work with you to help identify them. I encourage you to take advantage of the power of our citizens as you are doing through the Council for a Sustainable Local Economy and those who are a part of the Economic Development Corporation. I encourage you to work on a plan of action which will encourage business growth and development in new ways without having to resort to incentives. Just think about how much more successful the EDC could be if Cabarrus County were a place business and industry could grow and prosper unfettered by oppressive taxes, rules and regulations. The definition of insanity is doing the same thing over and over and expecting different results. Please think about what has happened in the past and let's work together to find and follow a different path which will provide us with a different result. With there being no one else to address the Board, Chairman Poole closed the public hearing. Following the public hearing, a lengthy discussion ensued with Mr. Cox and County Manager Mike Downs responding to a variety of questions from the Board. Commissioner White MOVED to approve an Economic Development Grant (3 year /85 percent) of ad valorem tax for Corning based on a projected new net investment of $50 million and creation of 70 new full -time jobs. Commissioner Carruth seconded the motion and discussion continued. The MOTION carried with Chairman Poole and Commissioners Carruth and White voting for and Vice Chairman Burrage and Commissioner Measmer voting against. (G -2) Planning and Development - Reservation of Capacity for Brookdale Commons Susie Morris, Planning and Zoning Manager, reviewed a Reservation of Capacity for Brookdale Commons, a 230 single- family residential subdivision on +/- 109 acres located at the intersection of Rocky River Road and Savannah Road in the Town of Harrisburg. Ms. Morris and Richard M. Koch, County Attorney, responded to questions from the Board. Following a lengthy discussion, Commissioner White MOVED to approve the Reservation of Capacity for Brookdale Commons for 230 single- family residential units on +/- 109 acres located at the intersection of Rocky River Road and Savannah Road in the Town of Harrisburg, including the mitigation of the pro -rata share of the cost of the planned capacity, which equals $7,631.00 per single family residential subdivision lot, payable prior to final platting and the following phasing schedule (Option 2): In calendar year 2012, no more than 48 single family residential lots platted; In calendar year 2013, no more than 77 single family residential lots platted; In calendar year 2014, no more than 52 single family residential lots platted; In calendar year 2015, no more than 53 single family residential lots platted; and. Commissioner Measmer seconded the motion. Following discussion, the MOTION carried with Chairman Poole and Commissioners Carruth, Measmer and White voting for and Vice Chairman Burrage voting against. (G -3) CCS - Place Holder - Qualified School Construction Bonds (QSCB's)