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Lee County Economic <br />MISSION: The Lee County Economic Development <br />Corporation will work on behalf of Lee County, the City of <br />Sanford, and the Town of Broadway to <br />attract, retain, and facilitate the expansion of high <br />quality business and industry to increase the tax base <br />and job opportunities for Lee County citizens, and to <br />promote sound planning for infrastructure <br />improvements to maximize potential for industrial and <br />residential growth. <br />STAFF: 2 - Director, Administrative Assistant <br />STRUCTURE: 501(c)6 <br />FUNDING: Provided by the county and its two <br />municipalities. <br />05 -06A, <br />Personnel 149, <br />Operating 1.054 <br />Total Expenditures $1,203 <br />INCENTIVES: Provided to new and expanding industries <br />that have made a significant investment and <br />employment commitment. Incentives funded by the <br />county and managed bythe EDC include: <br />• Caterpillar - $9,021 <br />• Challenge Printing - $16,855 <br />• Frontier Spinning- $40,023 <br />• Lee Brick & Tile - $73,369 <br />• Moore's Machinery company - $33,390 <br />• Pentair - $8,105 <br />• Wyeth #3 - $457,080 <br />• Wyeth #4 - $213,152 <br />ualny ^06-07 Actual 07 -08 Actual 08 -09 <br />31 157,507 167,722 1 <br />393 1,025,488 809,237 c <br />324 $1,182,995 $976,959 $1,1 <br />04 11014, o - - <br />'80 862,943 862,943 <br />X84 $1,039,221 $1,038,261 <br />