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OCPB minutes 120314
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OCPB minutes 120314
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12/3/2014
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Regular Meeting
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Advisory Bd. Minutes
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OCPB agenda 120314
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Approved 2/4/15 <br />3 <br />or the County or the State into those areas to enable that kind of small development. Is there a way to enable this 108 <br />type of small business through economic development? 109 <br /> 110 <br />Steve Brantley: I’m not the person to comment on that technology but I will say that I know of a retail prospect that is 111 <br />probably going to Efland, it’s about a dozen jobs, it’s sales tax and employment opportunity and the ability to shop 112 <br />without driving to Alamance County and I’m in support of that so I think if someone who lives in an area is able to 113 <br />promote a local business situation, I think that’s great. There are a lot of people in the County that need choices that 114 <br />fit their scale, we have 6,000 people in Orange County on welfare. 1 in 3 children in Orange County are on Medicaid 115 <br />for their healthcare and 1 in 4 are on free or reduced lunches. We have a poverty index which is under the radar and 116 <br />I want to see opportunities for those people to work and shop. 117 <br /> 118 <br />Tony Blake: Look at the situation for Fiesta Grill, he has been reduced by the health department to 4 or 5 tables 119 <br />because of the septic situation and he could employ more people and serve a lot more food if that situation were 120 <br />resolved but there is no resolution for that. 121 <br /> 122 <br />Pete Hallenbeck: Whenever anyone talks about water, sewer, and power, I always chime in with ‘data’. What is 123 <br />being done, particularly in the Efland area, to get data? 124 <br /> 125 <br />Steve Brantley: Craig and I met recently with the county’s IT director and he is currently now working with the data 126 <br />providers to help us understand what is in the County, particularly along the highway, what would it cost, and the 127 <br />delivery times to upgrade to the level that projects require. 128 <br /> 129 <br />Pete Hallenbeck: One thing that is interesting is that we have dug up a lot of ground in that area and this came up 130 <br />and I was asking why we were not putting the plastic pipe in for data while we were installing sewer lines. The 131 <br />answer was that the County will not spend anything for infrastructure that would be for the phone company. They are 132 <br />on their own. 133 <br /> 134 <br />Steve Brantley: I think the utility, Time Warner, Duke Energy, PSNC etc. would install the lines to the property for 135 <br />any big projects at no cost to the industry. It is business for them that they can and want to serve. I would think that 136 <br />fiber can work like that. 137 <br /> 138 <br />Bonnie Hauser: Could you give us a number on Morinaga after the incentive is paid, what is the property tax revenue 139 <br />going to be on that property? 140 <br /> 141 <br />Steve Brantley: For the first 5 years, assuming the company actually hires the people they say and makes the 142 <br />investment, then we will pay a five year benefit or bonus to the company. They will pay 100% of their property taxes 143 <br />and we will give them a check equal to 75% of it. So for 5 years we get 25% of the property tax and we have done 144 <br />surveys with all counties like ours across North Carolina and that is exactly what other counties do. We are doing 145 <br />nothing out of the ordinary. 146 <br /> 147 <br />Bonnie Hauser: I want to know what the number is, is it 5 million dollars, or is it, what is the actual tax revenue once 148 <br />we are through the deal, roughly. 149 <br /> 150 <br />Steve Brantley: Well, you’re the accountant, you can multiply 87 cents per 100 times 48 million dollars. 151 <br /> 152 <br />Bonnie Hauser: So it’s 48 million. 153 <br /> 154 <br />Steve Brantley: I think that is only half if not a third of what we are going to get. We have incentivized phase one of 155 <br />a project that may turn into phase two and maybe even phase three over the next six to 10 years and if that happens 156 <br />then we are going to have 300 jobs not 100; we’re going to have 150 million dollar investment not 48 or 58. A 100 157 <br />million dollar investment, like Carrboro is sitting on with the Lloyd Farm Project, if they were to recruit that tonight and 158 <br />it got built it would generate to Orange County, just to the County, almost 900,000 dollars annually in new property 159 <br />taxes plus whatever Carrboro gets. Then you have the retail sales tax. That retail sales tax goes to transit, 160 <br />economic development and the general fund and schools get 50% of the general fund. 161
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