File #: 2018-126    Version: 1 Name:
Type: Miscellaneous Item Status: Approved
File created: 4/17/2018 In control: City Council
On agenda: 4/18/2018 Final action: 4/18/2018
Title: Public Hearing - Economic Development Incentives - Amada North America, Inc. Wednesday, April 18, 2018 at 3:00 p.m. is the date and time established for the High Point City Council to consider a request from Amada North America, Inc., to authorize up to $1,171,000 in performance-based incentives for the company’s potential manufacturing location and expansion 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.
Indexes: Amada North America, Inc., EDC Incentives
Attachments: 1. Public Hearing - Amada North Americal, Inc.

Title

Public Hearing - Economic Development Incentives - Amada North America, Inc.

Wednesday, April 18, 2018 at 3:00 p.m. is the date and time established for the High Point City Council to consider a request from Amada North America, Inc., to authorize up to $1,171,000 in performance-based incentives for the company’s potential manufacturing location and expansion 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.

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