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26 <br /> cause of its close proximity to the County and the fact that many of the Parks' employees reside in <br /> the County,the impact of the Park on the County's economy is significant. <br /> An industrial strip along Interstate Highway 85 in the western portion of the County is the lo- <br /> cation of several manufacturing firms.This area is the projected location for future growth of indus- <br /> trial and commercial concerns. In addition to this area, the County designated over 2,450 acres in <br /> three strategically placed areas along Interstates 85 and 40 as Economic Development Districts.The <br /> County's location, midway between the Piedmont Triad and Research Triangle metropolitan areas, <br /> makes these sites extremely attractive.The districts offer development potential for light industrial, <br /> warehouse/flex space,office, retail and business service. Numerous tracts, ranging in size from 20 to <br /> 100 acres or more,are available. <br /> Utility extension development is another economic development initiative undertaken by the <br /> County. This project encourages economic development in the County by providing funds to finance <br /> utility extension development for commercial entities. Using the monies in this fund, the County <br /> provides a portion of the upfront waterlsewer infrastructure costs for businesses. As the various <br /> projects are completed, some portion of the resultant increased property tax revenue is used to repay <br /> the fund.These funds then"revolve"to address waterlsewer needs of other commercial development <br /> projects. <br /> 7 <br />