File #: 2019-481    Version: 1 Name:
Type: Miscellaneous Item Status: Approved
File created: 10/30/2019 In control: City Council
On agenda: 11/4/2019 Final action: 11/4/2019
Title: Public Hearing - LLFlex, LLC - EDC Performance Based Incentives Monday, November 4, 2019 at 5:30pm is the date and time established for the purpose of receiving public input on a funding request from LLFlex, LLC to locate at Gallimore Industrial Center 738 Gallimore Dairy Road. The High Point City Council will consider authorizing up to $45,000 in Performance based incentives for the LLFlex LLC location project; and also authorize the City Manager to execute a performance agreement containing benchmarks for the company to achieve and a schedule for the payment of such financial incentives.
Attachments: 1. 11-04-2019 LLFlex LLC

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Public Hearing - LLFlex, LLC - EDC Performance Based Incentives

Monday, November 4, 2019 at 5:30pm is the date and time established for the purpose of receiving public input on a funding request from LLFlex, LLC to locate at Gallimore Industrial Center 738 Gallimore Dairy Road. The High Point City Council will consider authorizing up to $45,000 in Performance based incentives for the LLFlex LLC location project; and also authorize the City Manager to execute a performance agreement containing benchmarks for the company to achieve and a schedule for the payment of such financial incentives.

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