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November 20, 2006 (Regular Meeting) Page 177 (G-1) Industrial Development Incentive Grant - Shoe Show Inc./Trinity of Cabarrus LP - Public Hearing - 6:30 p.m. John Cox, CEO of the Cabarrus Regional Chamber of Commerce and the Cabarrus Economic Development Corporation (EDC), presented a request for an Industrial Development Incentive Grant for Shoe Show Inc./Trinity of Cabarrus LP to expand its distribution center on Trinity Church Road by approximately 250,000 square feet. He reported the shoe retailer has been in the County for decades, has nearly 1,000 outlets across the United States and wants to expand on property they already own. He further reported the expansion is competitive; the Kannapolis City Council unanimously endorsed an incentive grant for Shoe Show,,Inc. last week; during the incentive period, the County will net approximately $65,205.00; and after the incentive period is over, the County will net $195,000.00 per year in new ad valorem taxes. At 9:09 p.m., Chairman Carruth opened the public hearing on the Industrial Development Incentive Grant request for Shoe Show Inc./Trinity of Cabarrus LP. The Public Hearing Notice was published on November 9, 2006 in THE INDEPENDENT TRIBUNE and THE CHARLOTTE OBSERVER (Cabarrus Neighbors). There was no one present to address the Board; Chairman Carruth closed the public hearing. Mr. Cox responded to a variety of questions on when it will no longer be necessary to provide incentives, the unemployment rate in Cabarrus County, manufacturing wages, etc. Commissioner Carpenter made a MOTION to authorize a 3-year incentive grant to Shoe Show Inc. /Trinity of Cabarrus LP equivalent to 85 percent of the ad valorem taxes on the total project investment of approximately $23-27 million, pursuant the Industrial Development Incentive Grant program guidelines as amendedon July 10, 2006, and authorized theCounty Manager and County Attorney to conclude the negotiations and execute the Agreement. Chairman Carruth seconded the motion. Commissioner Privette read a quote from Paul O'Neal, former chairman of Alco and treasury secretary during the Bush administration, concerning business decisions based on inducements. The MOTION carried with Chairman Carruth, Vice Chairman Juba and Commissioners Carpenter and Freeman voting for and Commissioner Privette voting against. Chairman Carruth read a letter from Mr. Robert S. Tucker, CEO of Shoe Show that was delivered with instructions that it was not to be opened until after the vote on the incentive grant was taken. In his letter, Mr. Tucker stated if the incentive grant passed, an amount equal to the incentive will given to, but not limited to the following local charities: The Salvation Army of Cabarrus County, Cooperative Christian Ministries, Hospice and Palliative Care of Cabarrus County and CVAN Domestic Violence Program. The letter also said this donation is in addition to the contribution Shoe Show Inc. already gives to these organizations and the incentives granted by the City of Kannapolis will also be donated to these charities. Mr. Cox reported on the amount of new capital invested, the number of new jobs created and. the amount of new square footage created by existing industry within the last 24 months. The same information for recent EDC projects was also presented. He commented on a blog submitted by commissioner Privette during the primary concerning economic development and stated the need to create more local jobs that are 2191 century knowledge- based and higher paying. Commissioner Carpenter complimented the Chamber of Commerce on the "State of the County" meeting and suggested these meetings be televised in the future. (G-2) Cabarrus Community Health Centers (CCHC), Ina., - Request for a $60,000.00 Appropriation for Renovations at the McGill Medical Center Jim Cook, Board'Member of the Cabarrus Community Health Center (CCHC), requested $60,000.00for renovations at the McGill Health Center. He reported the renovations will add nine examination rooms to the Center and the Cannon Foundation will provide the remaining $250,000.00. He also reported there are approximately 21,000 citizens that lack health insurance