POSTPONED: Commissioners set public hearing for July 29
Important notice: The public hearing scheduled for July 29 is postponed.
The Cabarrus County Board of Commissioners set a public hearing on an economic project.
The hearing will take place in the Board of Commissioners' Meeting Room, located on the second floor of the Cabarrus County Governmental Center, 65 Church Street SE, Concord.
The official notice read:
BOARD OF COMMISSIONERS
NOTICE OF PUBLIC HEARING
JUNE 29, 2019– 6:30 P.M.
ECONOMIC DEVELOPMENT INVESTMENT
Notice is hereby given that the Cabarrus County Board of Commissioners will hold a public hearing at 6:30 p.m. (or as soon thereafter as persons may be heard) on Monday, July 29, 2019, in the Board of Commissioners’ Meeting Room, located on the second floor of the Cabarrus County Governmental Center, 65 Church Street S, Concord, to consider an economic development investment for Project Wavy pursuant to N.C. General Statute § 158-7.1. Project Wavy proposes to locate at The Grounds, 2321 Concord Pkwy S in Concord with a projected investment of approximately $35,000,000 in real and personal property. The Project also plans to create 304 jobs within the first three years with average wages above our current County average wage. A three-year grant equivalent to 85 percent of the ad valorem taxes on the increase in real and personal property tax values is requested. The proposed draft agreement is available for inspection in the Office of the Clerk to the Board at the Governmental Center.
If reasonable accommodations are needed, please contact the ADA Coordinator at 704-920-2100 at least 48 hours prior to the public hearing.
Lauren Linker, Clerk to the Board
Posted July 12, 2019