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The Board adopted the amendments to the Facilities Use Policy, effective September 1, <br /> 2011; repealed an Ordinance Regulating Parks and Recreation in Orange County, effective <br /> September 1, 2011, and any other ordinance or policy related to facilities use; and direct <br /> the fee schedule be incorporated into the FY 2011-2012 Manager's Recommended <br /> operating Budget as presented. <br /> � Approval of Contract to Purchase Real Property from Joseph T. Forrest <br /> The Board approved the purchase of approximately 1.3 acres; authorized the Chair to sign <br /> the contract on behalf of the County, subject to final review by staff and County Attorney; <br /> and instructed the County Attorney and staff to schedule and complete a closing on the <br /> property expected to occur on or about June 30, 2011. <br /> VOTE ON CONSENT AGENDA: UNANIMOUS <br /> 6. Items Removed From Consent Aqenda — NONE <br /> 7. Public Hearinqs <br /> a. Public Hearinq to Determine Whether or Not to Grant Economic <br /> Development Incentives to Induce a Company to Expand in Oranqe County <br /> The Board held a public hearing on the issuance of incentives to a private company by <br /> Orange County, City of Mebane and the NC Department of Commerce and to consider <br /> approval of an economic development incentive agreement. <br /> Frank Clifton said that the County is in the process of awarding a development <br /> incentive grant, which will be part of the funds used to match a State of North Carolina grant. <br /> AKG is looking at expanding in Orange County. This is a well-known national company. The <br /> County will provide $100,000 in five annual installments of $20,000 each. The City of Mebane <br /> will provide a $60,000 match and $40,000 of in-kind services. The State of North Carolina will <br /> provide a $120,000 grant. This will add 90 new jobs to the County. <br /> Economic Development Director Gary Shope made a PowerPoint presentation. He <br /> introduced an AKG representative, Ron Pritchard. He also thanked Dottie Schmitt in his office, <br /> who was very helpful in keeping this process on track. <br /> AKG Mebane NC <br /> Began Operation in 1981 in Mebane <br /> It is debt-free worldwide <br /> Currently 313 employees <br /> 100,000 square feet <br /> 44 acres on Mebane campus <br /> Potential Expansion <br /> Additional 90 positions <br /> Average wage rate $44,175 <br /> Additional 42,000 sq. ft. <br /> Moving into green energy with wind generators <br /> Additional $3,300,000 investment <br /> PUBLIC COMMENT: <br /> 6 <br />