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March 21, 2011 (Regular Meeting) Page 354
<br />Directors approved the project at its January 2011 meeting and the City of
<br />Concord approved a similar grant on March 10. Next, Mr. McDaniels reviewed
<br />the following grant analysis and stated his availability to respond to
<br />questions:
<br />Cabarrus County Economic Development Grant Analysis - 4541 Enterprise
<br />Chairman White opened the public hearing at 7:21 p.m. The Public
<br />Hearing Notice was posted on the County's website ( www.cabarrus county. us ) on
<br />March 8, 2011 in accordance with Article 2, Administration, Section 2.1 (Use
<br />of Electronic Means to Provide Public Notices) of the Cabarrus County Code of
<br />Ordinances.
<br />There was no one present to address the Board; therefore, Chairman
<br />White closed the public hearing.
<br />After Mr. McDaniels responded to questions from the Board, a general
<br />discussion on incentives ensued.
<br />Commissioner Carruth MOVED to approve the Economic Development Grant
<br />Agreement (3 years, 85 percent) between Cabarrus County and 390 Business
<br />Boulevard, LLC; and to authorize the County Manager to execute the Agreement
<br />on behalf of the Board. Vice Chairman Poole seconded the motion.
<br />Following discussion, the MOTION carried, with Chairman White, Vice
<br />Chairman Poole and Commissioner Carruth voting for and Commissioners Burrage
<br />and Measmer voting against.
<br />Mr. McDaniels announced Celgard has employment opportunities listed on
<br />their website, www.celgard.com
<br />(G -2) Transportation - North Carolina Department of Transportation - Public
<br />Transportation Division (NCDOT) Section 5311 Grant for Fiscal Year 2011 -2012
<br />- Public Hearing - 6:30 P.M.
<br />Randy Bass, Transportation Director, advised a public hearing is
<br />required in order to request approximately $344,692.54 in State grant
<br />assistance for operation of the Cabarrus County Transportation Services. He
<br />also responded to questions from the Board.
<br />Chairman White opened the public hearing at 7:43 p.m. The Public
<br />Hearing Notice was published in English and Spanish on March 11, 2011 in THE
<br />INDEPENDENT TRIBUNE. The Public Hearing Notice was also posted on the
<br />County's website ( www.cabarruscounty.us ) in on March 9, 2011 in both
<br />languages in accordance with Article 2, Administration, Section 2.1 (Use of
<br />Electronic Means to Provide Public Notices) of the Cabarrus County Code of
<br />Ordinances.
<br />There was no one present to address the Board; therefore, Chairman
<br />White closed the public hearing.
<br />In response to a question from the Board, Mr. Bass advised that these
<br />funds assist with insurance costs as well as administrative assistance.
<br />Vice Chairman Poole MOVED to adopt the FY 2011 -2012 Community
<br />Transportation Program resolution and Human Service Agency Transportation
<br />resolution. Commissioner Carruth seconded the motion. Following additional
<br />questions, the MOTION unanimously carried.
<br />The resolutions are as follows:
<br />Resolution No. 2011 -06
<br />COMMUNITY TRANSPORTATION PROGRAM RESOLUTION
<br />Section 5311
<br />FY 2012 RESOLUTION
<br />Year 1
<br />Year 2
<br />Year 3
<br />Year 4
<br />Total Assessed Value
<br />$6,272,964.00
<br />$6,272,964.00
<br />$6,272,964.00
<br />$6,272,964.00
<br />County Taxes at .63
<br />$39,519.67
<br />$39,519.67
<br />$39,519.67
<br />$39,519.67
<br />Grant @ 85%
<br />$33,591.72
<br />$33,591.72
<br />$33,591.72
<br />Net Taxes to County
<br />$5,927.95
<br />$5,927.95
<br />$5,927.95
<br />$39,519.67
<br />3 Year Taxes
<br />$118,559.02
<br />3 Year Grant
<br />$100,775.17
<br />3 Year Net Revenue
<br />$17,783.85
<br />Chairman White opened the public hearing at 7:21 p.m. The Public
<br />Hearing Notice was posted on the County's website ( www.cabarrus county. us ) on
<br />March 8, 2011 in accordance with Article 2, Administration, Section 2.1 (Use
<br />of Electronic Means to Provide Public Notices) of the Cabarrus County Code of
<br />Ordinances.
<br />There was no one present to address the Board; therefore, Chairman
<br />White closed the public hearing.
<br />After Mr. McDaniels responded to questions from the Board, a general
<br />discussion on incentives ensued.
<br />Commissioner Carruth MOVED to approve the Economic Development Grant
<br />Agreement (3 years, 85 percent) between Cabarrus County and 390 Business
<br />Boulevard, LLC; and to authorize the County Manager to execute the Agreement
<br />on behalf of the Board. Vice Chairman Poole seconded the motion.
<br />Following discussion, the MOTION carried, with Chairman White, Vice
<br />Chairman Poole and Commissioner Carruth voting for and Commissioners Burrage
<br />and Measmer voting against.
<br />Mr. McDaniels announced Celgard has employment opportunities listed on
<br />their website, www.celgard.com
<br />(G -2) Transportation - North Carolina Department of Transportation - Public
<br />Transportation Division (NCDOT) Section 5311 Grant for Fiscal Year 2011 -2012
<br />- Public Hearing - 6:30 P.M.
<br />Randy Bass, Transportation Director, advised a public hearing is
<br />required in order to request approximately $344,692.54 in State grant
<br />assistance for operation of the Cabarrus County Transportation Services. He
<br />also responded to questions from the Board.
<br />Chairman White opened the public hearing at 7:43 p.m. The Public
<br />Hearing Notice was published in English and Spanish on March 11, 2011 in THE
<br />INDEPENDENT TRIBUNE. The Public Hearing Notice was also posted on the
<br />County's website ( www.cabarruscounty.us ) in on March 9, 2011 in both
<br />languages in accordance with Article 2, Administration, Section 2.1 (Use of
<br />Electronic Means to Provide Public Notices) of the Cabarrus County Code of
<br />Ordinances.
<br />There was no one present to address the Board; therefore, Chairman
<br />White closed the public hearing.
<br />In response to a question from the Board, Mr. Bass advised that these
<br />funds assist with insurance costs as well as administrative assistance.
<br />Vice Chairman Poole MOVED to adopt the FY 2011 -2012 Community
<br />Transportation Program resolution and Human Service Agency Transportation
<br />resolution. Commissioner Carruth seconded the motion. Following additional
<br />questions, the MOTION unanimously carried.
<br />The resolutions are as follows:
<br />Resolution No. 2011 -06
<br />COMMUNITY TRANSPORTATION PROGRAM RESOLUTION
<br />Section 5311
<br />FY 2012 RESOLUTION
<br />
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