BC 2010 04 19 Regular - Laserfiche WebLink

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April 19, 2010 (Regular Meeting) Page 1898 Development Corporation), past public/private partnerships, the unemployment rate and the need for jobs were also noted. Commissioner Carruth MOVED to approve the economic development grant to Celgard, LLC (three (3) 4-year grants at 85 percent of ad valorem taxes and an upfront payment of $350,000 to offset land costs), authorized the County Manager and County Attorney to finalize the grant and execute the related documentation. Commissioner Mynatt seconded the motion. Commissioner Privette expressed opposition for the incentive grant, noting that Celgard will receive approximately $70 million in incentive grants at taxpayer's expense. He also commented on grants for Celgard's Korean plant, job creation and stated his intent to vote against the motion. Chairman White addressed many of the concerns mentioned during the public hearing. He also reviewed certain clawbacks in the agreement and advocated that the County Attorney work diligently to keep all of them in the final document. The MOTION carried, with Chairman White, Vice Chairman Poole and Commissioners Carruth and Mynatt voting for and Commissioner Privette voting against. Mr. Cox expressed appreciation for the Board's support. (G-3) Commerce Department - Consent Agreement for Hawthorne Subdivision Project Richard Koch, County Attorney, presented the following information related to a request for a Consent Agreement for the Hawthorne Subdivision Project: the Subdivision is located on Peach Orchard Road in the Town of Harrisburg; the project received preliminary plat approval from the Town of Harrisburg Planning and Zoning Board on November 21, 2006 for 104 single- family residential lots on approximately 82 acres; a Consent Agreement was entered into with the developer that was filed in April 2007 in which the developer agreed to pay a voluntary mitigation payment of $6,000.00 per lot and agreed to a build-out schedule that ran from 2007 to 2010, consisting of 24 lots in 2007, 32 lots in 2008, 32 lots in 2009 and 16 lots in 2010; the developer ceased operations and nothing has been constructed on the lots; the Bank of North Carolina foreclosed on the property and then took title to it as the high bidder at a foreclosure sale; the Bank has taken title to that property in the name of "Sterling Real Estate Developer of North Carolina, LLC"; Mr. Bob Burkett serves as a consultant for the Bank and the developer; Mr. Burkett is requesting approval of a new Consent Agreement, including the $6,000 per lot voluntary mitigation payment and would like to discuss the build-out schedule with the Board. Mr. Burkett stated the build-out schedule would probably be determined by the current economic conditions. However, he estimated the 104 homes would be built within the next five years and noted $2.5 million has been expended on utilities thus far. Commissioner Mynatt asked if the lots were figured into the school adequacy. Mr. Koch responded in the affirmative. UPON MOTION of Commissioner Mynatt, seconded by Commissioner Carruth and unanimously carried, the Board approved the Consent Agreement between Cabarrus County and. Sterling Real Estate Development of North Carolina, LLC for the Hawthorne subdivision, including the payment of $6,000.00 per lot to advance school adequacy with payment due at final platting. By the same vote, the Board authorized the County Manager to execute the Agreement on behalf of Cabarrus County, subject to review or revisions by the County Attorney. (G-4) BOC - County Government Office Complex - Upfit Seventh Floor of Sheriff's Administration Building to Accommodate the Relocation of Several County Departments: Board of Elections, Parks Administration, EMS Administration, and DSS Legal Based on Mr. Morrision's comments during the "informal comments" portion of the meeting, Commissioner Mynatt MOVED to table County Government Office Complex - Upfit Seventh Floor of Sheriff's Administration Building to Accommodate the Relocation of Several County Departments: Board of Elections, Parks Administration, EMS Administration, and DSS Legal to the June 7th Work Session. She advised this would allow time to review other