Orange County NC Website
i3 <br />i <br />f' <br />I <br />Tfie News & Obi <br />pus~ie~:rvo~~c~' <br />NOTICE 15 1-11=RESY GIVEN fiiat the <br />Orange County Baard of Commissioners <br />will hold public hearings on TuesdaY,,C~cfo- <br />ber 20, 2009, beglnning~at~7:~1} p.m. ~ln the <br />Southern Human Services Center located <br />at 250T HdmeStec~d Rd, Chapel Hill, North <br />Carolina, to consider the provision of eco- <br />nomic developrnentincentives pursuantto <br />G.S. 1~8-7.1 as follows: . <br />To a. newly constructed nquaculfure• <br />facility in a totstl amount not to exceed <br />$9,774 baseai on the co~npany'.s infra- <br />structure investment for the construc- <br />tion ~ of .its. a~€uaculture facility. The <br />facility's outlay for"infrastructure im- <br />provements isestimated to be irZexcess <br />of $24,Q00; atid~includes.Fntrastructure <br />Improvements #or electricity, wader <br />and wastewater. - <br />The requested funds wi I . be disbursed <br />from Orange County`s U~ilitq.Extension <br />'Fund (Fund), which was established to <br />encourage economic development by <br />funding a portloti of utility-irr~provements <br />required far commercial development.. <br />The Fund will be repaid by the additibnai <br />property taxes calleeted, from the im- <br />~provect foci I ity. The Fund regti i res that the <br />recipient meet stated criteria regarding <br />zoning, lob oppartugities, and wage scales <br />for the benefit of Orange County and its <br />Citizens.. <br />N&~: Octobeh 10; 2009: <br />un~l <br />PI <br />V1R <br />NO'I <br />Und <br />• ed <br />Sups <br />the-~ <br />Sdpl <br />Coin <br />fer i <br />sati: <br />SCC <br />a#te <br />acti+ <br />lying <br />Wa!' <br />BEl <br />ICinf <br />Car. <br />as 1. <br />and <br />Cou <br />Thi. <br />outs <br />gasp <br />dent <br />as r <br />3'hi: <br />/s/ E <br />' DOP <br />wni <br />~SATU RDAY, QCT4BER rt 0, 2Dp9 <br />.. <br />