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42 <br /> 3 -Performance-Based Economic Incentive Proposal <br /> Development Review Process—The Incentives Agreement does not change the Town of Chapel Hill's regular <br /> development review process for the site. The applicant will submit a concept plan and Special Use Permit <br /> Application subject to the normal reviews by Town staff professionals and advisory boards, and then <br /> scheduled public hearings. <br /> Our Shared Goals: We're Open to Business— Chapel Hill and Orange County have partnered on initiatives to <br /> boost job creation, tax base growth and help companies grow and stay in the area. Today, these efforts are <br /> evolving further with the drafting of a joint incentives protocol. <br /> "Our goals are to ensure a strong economy that helps pay for the quality services our residents expect and <br /> support lower tax rates by diversifying our tax base," said Jim Kitchen, chair of the Orange County Economic <br /> Development Advisory Board. "This has been a long-standing goal in our communities." <br /> "Chapel Hill and Orange County are open to business," said Dwight Bassett, Town of Chapel Hill economic <br /> development officer. "We're stepping up to incentivize businesses that are a natural fit and connect with our <br /> community values." <br /> ### <br /> FOR MORE INFORMATION: The detailed proposed agreements are published for public review at the Town of <br /> Chapel Hill at http://www.townofchapelhill.org/town-hall/government/council-minutes-and-videos and Orange <br /> County at http://www.orangecountync.gov/departments/boardof county commissioners/agendas.php. <br /> If you have any questions, please contact Catherine Lazorko,Town of Chapel Hill Communications Manager, <br /> at 919-969-5055 or clazorko @townofchapelhill.org and Travis Myren, Orange County Deputy Manager, <br /> at 919-245-2308 or tmyren @orangecountync.gov <br /> The Town of Chapel Hill anticipates a concept plan submission for this project from Leon Capital Group of <br /> Dallas. All concept plans are posted at http://www.townofchapelhill.org/town-hall/departments- <br /> services/planning-and-sustainability/gis-analytics/development-activity-report. For more information on the <br /> concept plan, please contact the developer directly. <br /> What are Concept Plans? Concept Plans are required prior to the formal submittal of a major development <br /> proposal in Chapel Hill. The Town Council and Community Design Commission review concept plans at a public <br /> meeting. <br /> The concept plan process provides an opportunity for the Council and the public to review and provide early <br /> input to the developer. Following the completion of the concept plan process, the developer may proceed to a <br /> formal development application to the Town. <br />