BC 2006 12 18 REGULAR - Laserfiche WebLink

Home Browse Search

December 18, 2006 (Regular Meeting) Page 207 Development Project requires significant public improvements in order for the Development Project to proceed as planned; and WHEREAS, based on information provided in a report entitled "ESTIMATING THE ECONOMIC IMPACT OF THE NORTH CAROLINA RESEARCH CAMPUS" dated October 16, 2006, prepared by Market Street Services, Inc., and Economic Impact Group LLC (the "Impact Study:"), the City and the County find that the Development Project will provide substantial benefits in terms of jobs, economic development and tax revenues to the County and the City; and WHEREAS, both the City and the County recognize that securing the maximum benefit from the Development Project requires public investment in infrastructure to support the Development Project and to provide other public services to support and encourage the job and economic growth benefits to be derived therefrom; and WHEREAS, based on information provided in a report entitled "SWOT ANALYSIS: Preparation for the North Carolina Research Campus" dated October 16, 2006, prepared by Market Street Services, Inc. (the "SWOT Analysis") the City and the County find that there are a number of Priority Issues identified in the report that will require action by one or both of them; and WHEREAS, The City Council (the "Council") of the City and the Board of Commissioners of the County (the "Board") have each determined that their mutual benefit will require a coordinated and, in some cases, shared undertaking between the City and the County to achieve those goals; NOW, THEREFORE, BE IT RESOLVED, by the City Council of the City and the Board of Commissioners of the County as follows: SECTION 1. Declaration of Mutual Undertaking. The City and the County hereby declare their intent to work together in the development of plans for the funding of infrastructure to support the North Carolina Research Campus and to work cooperatively to address the needs identified in the SWOT Analysis. Each of the City and the County have an interest in achieving these goals for the benefits of the taxpayers and residents of each. SECTION 2. Implementation. The City and the County direct their administrative staff and advisors to endeavor to bring to each of the Council and the Board such agreements and recommendations as are needful or desirable to further the goals of the City and the County and the cooperation between them. SECTION 3. Effective Date. This Resolution shall become effective immediately upon the date of its adoption. Adopted this 13`" day of November, 2006. CITY OF KANNAPOLIS, NORTH CAROLINA Bv: Robert S. Misenheimer Robert S. Misenheimer, Mayor Attest: /s/ Bridgett Bell City Clerk [SEAL) Adopted this 18`h day of December, 2006. CABARRUS COUNTY, NORTH CAROLINA Bv: /s/ Robert W. Carruth Robert W. Carruth, Chairman Board of Commissioners Attest: /s/ Kay Honeycutt Clerk to the Board of Commissioners [SEAL] (F-15) Resolution SupPOrtina Propertv Tax Relief Legislation The Surf City Town Council adopted and forwarded a resolution supporting property tax relief legislation for elderly and low income homeowners. Surf City requests the Cabarrus County Board of Commissioners adopt a resolution and forward it to the General Assembly.