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August 11, 2003 Page 220 corporate limits of Concord, North Carolina, has not been substantially constructed as of July 1, 2007 2006, then either the CITY or the COUNTY may terminate this Agreement by providing thirty (30) days written notice to the other parties~ nc latcr There was discussion regarding each of the changes to the Interlocal Agreement as presented by Mr. Day. The Board by consensus agreed to the changes. Joint Meetin~ with the Concord City Council At 7:02 p.m., Chairman Freeman welcomed City of Concord Mayor Scott Padgett and the following City Council members to the meeting: Lamar Barrier, David Phillips, James Ramseur, Randy Grimes and Alfred M. Brown, Jr. City staff members present for the meeting included City Manager Brian Hiatt, City Attorney Albert Benshoff; Assistant City Attorney Robert Cansler, City Clerk Vickey Weant and Deputy City Clerk Jill Chunn. Mayor Scott Padgett called the meeting of the Concord City Council to order. Joint Resolution between Cabarrus County Board of Commissioners, Kannapolis City Council and Concord City Council and Supported by the Cabarrus. Regional Chamber of Commerce Requestin~ Specific Actions for Economic Disaster Relief The Cabarrus Regional Chamber of Commerce has requested adoption of a Joint Resolution between the County and the cities of Concord and Kannapolis. The Resolution lists seven specific actions to assist in providing economic disaster relief in Cabarrus County. The Concord City Council unanimously voted to adopt the Resolution (see below) as presented. UPON MOTION of Commissioner Privette, seconded by Commissioner Carpenter and unanimously carried, the Board adopted the following Resolution. Resolution No. 2003-24 A JOINT RESOLUTION BETWEEN CABARRUS COUNTY BOARD OF COMMISSIONERS, KANNAPOLIS CITY COUNCIL, AND CONCORD CITY COUNCIL AND SUPPORTED BY THE CABARRUS REGIONAL CHAMBER OF COMMERCE REQUESTING SPECIFIC ACTIONS FOR ECONOMIC DISASTER RELIEF Be it hereby resolved on this day that the elected boards of Cabarrus County, Kannapolis and Concord do hereby request the following: Accelerate the Cabarrus County Transportation Improvement Projects. We believe that action to be a crucial step which will create additional local jobs and trickle down through the economy in new local purchases. We also believe this will allow products to get to market quicker. We know that road construction attracts new capital investment and we need that economic stimulus. The Kannapolis Westside Bypass and 1-85 project through Cabarrus County are priorities for us. 2 o Market the Pillowtex operation as a new economic development project and incentivize a potential buyer (who will operate the company) for the Pillowtex assets with the same incentives the State would offer to a company that would be considering a relocation to North Carolina. Tie the incentives to new investment and jobs created. If those incentives could be paired with Federal and local incentives, perhaps the company could be saved and jobs restored and people put back to work. We recognize this may only be a stop gap measure and other issues related to the future of the textile industry must continue to be addressed. There is an urgency here because the bankruptcy judge will consider the Pillowtex case in early September. This incentive package must be included in the Pillowtex package to be considered by the judge. Move Cabarrus County immediately from a Tier 5 County to a Tier 1 County providing further economic incentive relief. Outline steps local leaders can take to heighten our economic disaster situation so that FEMA assistance will receive further consideration from the Federal Government.