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488 The Board of Commissioners for the County of Cabarrus met in regular session at the County Courthouse in Concord, North Carolina, on Monday, September 19, 1988, at 7:00 P.M. Present - Chairman: James W. Lentz Commissioners: Kenneth F. Payne William G. Hamby, Jr. Martha H. Melvin R. Giles Moss The invocation was given by Reverend James' S. Smith of Sharon Baptist Church. UPON MOTION of Commissioner Payne, seconded by Commissioner Melvin and unanimously carried, the minutes of September 6 and September 8, 1988, were approved as written. Chairman Lentz opened the public hearing for the proposed Zoning Atlas Amendments. (1) Petition 88-03. CSD & Associates as Agents, Poplar Tent Road & 1-85, township 2. Withdrawn Chairman Lentz stated that Petition 88-03 was tabled as requested in a letter dated September 16, 1988, from Mr. H. C. Needham of Aston Properties. (2) Petition 88-11. Thomas & Dora Beane, Cold Springs Road, township 9, Map/PIN 5559-86-5370, 86-9215. Wishes to rezone from I-X & ARR to I-1. Planning Board voted 4-0 to deny this petition. Mr. William D. Arrowood, Attorney representing the petitioners, spoke in support of the rezoning. He stated that Mr. Beane's operation of the air filtration business did not create any noise other than that of an air conditioner and did not create traffic problems in the neighborhood. Other persons speaking in favor of the rezoning included Ms. Susan Benton of Lisa Drive and Mr. Kevin Talley. Mr. Charlie Rhodes objected to the proposed rezoning and complained of air compressor noise, street lights located on the property, and the traffic problems in the area. Other persons speaking in opposition to the rezoning included Mr. Larry Heintz and Mr. Jeff Heintz. Also, Mr. Jeff Heintz presented a petition which he stated was signed by a number of area residents "to show opposition on rezoning of property adjacent to the Cold Springs Road and Lynn Drive intersection." There was no one else to speak either for or against the proposed rezoning, and Chairman Lentz closed this portion of the public hearing. UPON MOTION of Commissioner Payne, seconded by Commissioner Melvin and unanimously carried, the Board denied Petition 88-11 by Thomas and Dora Beane to rezone property on Cold Springs Road from I-X and ARR to I-1. The Chairman stated that pursuant to Chapter 159C of the General Statutes of North Carolina and the regulations thereunder he had been advised that The Cabarrus County Industrial Facilities and Pollution Control Financing Authority (the "Authority") intended to file an application with th~ Secretary of the Department of Commerce for approval of an industrial and manufacturing project in Cabarrus County, North Carolina, consisting of the partial renovation of an existing manufacturing facility and the acquisition and installation of machinery and equipment in such facility for the manufacture of yarn (the "Project") by Kindley Yarns, Inc., a North Carolina corporation (the "Company") and to be financed for the Company by the issuance of approximately $3,500,000 aggregate principal amount of bonds of the Authority. Such application for approval cannot, under regulations of the Department of Commerce, be officially received until, among other things, the Board has, by resolution after having held a public hearing, approved the issue of bonds for the proposed Project and approved the issue of bonds for the proposed Project and approved the Project in principle. The Chairman presented to the Board copies of the Authority's resolution approving the Project and the inducement agreement between the Authority and the Company. The Chairman then stated that a notice had been published by the Clerk to the Board on September 4, 1988, stating that the Board would hold a public hearing on September 19, 1988 on the proposed revenue bond issue and the Project (the "Notice"). Commissioner Hamby moved that the Board ratify the publication of the Notice and designate this meeting as a public hearing on the revenue bond issue and the Project. The motion was seconded by Commissioner Moss and was unanimously adopted.