BC 1998 09 21 - Laserfiche WebLink

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53 Mr. Bill Mead, Regional Vice President for John Q. Hammons Hotels, reported his company has been working on the development of a hotel/ conference center in Concord for three years. He outlined past negotiations with the City of Concord and stated incentives were not included when both Hammons and Marriott placed bids with the City in early 1998 to build a hotel/conference center. The City Council at that time selected Marriott to build the proposed facility. Mr. Mead also asked if Marriott would have a management contract for the civic center. Mr. Clifton explained the conference center and civic center/exhibition hall are two separate facilities. He stated that Marriott would operate the conference center and that the Tourism Authority would control the civic center/exhibition hall, if and when it is built. Mr. Clifton advised that the County is not familiar with the proposal submitted by Hammons to the Concord City Council. He invited Mr. Mead to bring forth a proposal from Hammons for the Board's consideration. Mr. Jim Hobbs, President of the North Carolina Hotel/Motel Association, opposed the rebate of a portion of the occupancy tax as a part of an incentive package. He stated in his opinion this would be unfair to other operators in the area. Mr. Hobbs addressed the cost of building and operating a public civic center and questioned plans to build such a facility in Cabarrus County. He did acknowledge the provisions that were added to the hotel/conference center development incentive program in response to his comments on August 17. There was no one else who wished to address the Board, and Chairman Casper closed the public hearing at 7:35 P.M. UPON MOTION of Chairman Casper, seconded by Commissioner Niblock and unanimously carried, the Board approved the ~Memorandum of Understanding between City of Concord, Cabarrus County, Cabarrus County Tourism Authority, Marriott Conference Center, Burroughs & Chapin, Inc. and Landex, Inc." as submitted for the proposed Concord Marriott project. The Memorandum of Understanding as approved by the Board is on file in the Office of the County Manager and hereby included by reference as a part of the minutes. Mr. Clifton advised that a final "Business Agreement" concerning the proposed Marriott project should be presented to the Board for consideration within the next 60 days. Industrial Development Incentive Grant Agreement for Pass and Sey~our - Public Hearing - ~0 P,M, Mr. Clifton reported Pass and Seymour (P&S) is seeking an industrial development incentive grant for a project totaling $10 million. At 7:42 P.M., Chairman Casper opened the public hearing concerning the proposed industrial incentive grant for Pass and Seymour and asked if anyone wished to address the Board regarding this issue. The Notice of the Public Hearing was published in THE INDEPENDENT TRIBUNE on September 9, 1998 and in THE CHARLOTTE OBSERVER (Cabarrus Neighbors) on September 10, 1998. There was no one present to address the Board, and Chairman Casper closed the public hearing. UPON MOTION of Commissioner Niblock, seconded by Chairman Casper and unanimously carried, the Board approved the following Industrial Grant Agreement that is consistent with County policy. NORTH CAROLINA CABARRUS COUNTY INDUSTRIAL INCENTIVE GRANT A~REEMENT THIS AGREEMENT (this "Agreement" is made and entered into as of the 27 day of August, 1998, among CABARRUS COUNTY (the "County), a political subdivision of the State of North Carolina; the CITY OF CONCORD (the "City"), a municipal corporation of the State of North Carolina; and PASS AND SEYMOUR (P&S), a North Carolina corporation. WITNESSETH: that