File #: 2024-287    Version: 1 Name:
Type: Miscellaneous Item Status: Approved
File created: 7/8/2024 In control: City Council
On agenda: 7/11/2024 Final action: 7/15/2024
Title: Public Hearing Regarding a Request from C&C Industries City Council is requested to consider a request from C&C Industries to authorize performance-based incentives for a manufacturing project at 2103 Brentwood Street in the amount of $100,000 over a five-year period, approve a resolution in support of a OneNC Fund and Building Reuse Grant from the North Carolina Department of Commerce, and authorize the City Manager to execute a performance agreement with the company containing benchmarks for the company to achieve and a schedule for the payment of such financial incentives. (Presented at the Finance Committee.)
Attachments: 1. Public Hearing C&C Industries, 2. C& C Industries - Presentation, 3. Signed C&C Industries Resolution

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Public Hearing Regarding a Request from C&C Industries

City Council is requested to consider a request from C&C Industries to authorize performance-based incentives for a manufacturing project at 2103 Brentwood Street in the amount of $100,000 over a five-year period, approve a resolution in support of a OneNC Fund and Building Reuse Grant from the North Carolina Department of Commerce, and authorize the City Manager to execute a performance agreement with the company containing benchmarks for the company to achieve and a schedule for the payment of such financial incentives. (Presented at the Finance Committee.)

 

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