Orange County NC Website
Browse       Search
20 <br /> Attachment 2 <br /> PUBLICATION INSTRUCTION: Please publish the following notice in the Special <br /> Notice Section of the Classified Advertisements on Wednesday, October 6, 2016. <br /> The County Seal should be placed above the announcement. <br /> ig,IA Fii,_ . -, <br /> k; '01 at I <br /> i^°fig <br /> JJT' <br /> 4 <br /> elb eax <br /> � G °\`r <br /> PUBLIC HEARING <br /> Tuesday, October 18, 2016 <br /> SOUTHERN HUMAN SERVICES CENTER <br /> 2501 Homestead Road <br /> Chapel Hill, NC 27516 <br /> NOTICE OF PUBLIC HEARING REGARDING PROPOSED ECONOMIC <br /> DEVELOPMENT INCENTIVE AGREEMENT FOR PROJECT "EAGLE" <br /> Notice is hereby given that in accordance with North Carolina General Statute 158-7.1 <br /> the Board of Commissioners of Orange County (the "Board") will hold a public hearing <br /> on October 18, 2016 at 7:00 p.m., at Southern Human Services Center, 2501 <br /> Homestead Road, Chapel Hill, NC concerning Orange County entering into an <br /> Economic Development Incentive Agreement with "Eagle" Corporation to assist the <br /> company in locating to Orange County. <br /> The Board will consider the appropriation of county general funds for the purpose of <br /> entering into an Economic Development Incentive Agreement with "Eagle" Corporation, <br /> a retail and food sales company, in an amount not to exceed Four Million Dollars, <br /> payable in five annual installments of up to Eight Hundred Thousand Dollars each, over <br /> a six year period. These funds will be used to assist the company with expenses <br /> associated with location of the company to Orange County, site development, and <br /> facility construction. Location of the "Eagle" facility to Orange County will create public <br /> benefits for the County including the creation of approximately 350 new Full Time <br /> Equivalent jobs and a capital investment in Orange County of approximately $18 million. <br /> Anyone interested in the Economic Development Incentive Agreement or the nature of <br /> Project "Eagle" may appear and be heard at the public hearing. Anyone who wishes to <br /> make comments in writing prior to the public hearing may do so by mailing or delivering <br /> such comments to the Board of Commissioners of Orange County, do Clerk to the <br /> Board of Commissioners, 200 S. Cameron Street, Hillsborough, North Carolina 27278. <br />