City of High Point - File #: 2022-234

• File #: 2022-234
• Version: 1
• Type: Agreement
• Status: Committee Forwarded Without Recommendation
• File created: 5/10/2022
• In control: City Council
• On agenda: 5/12/2022
• Final action: 5/16/2022
• Title: Public Hearing - Metal Works of High Point - Performance Based Incentives - High Point Economic Development (EDC) City Council is requested to authorize performance-based incentives for Metal Works of High Point in the amount of $75,000 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.

Date	Ver.	Action By	Action	Result
5/16/2022	1	City Council	approved	Pass
5/12/2022	1	Finance Committee	Committee Forwarded to Council Without Recommendation

Title

Public Hearing - Metal Works of High Point - Performance Based Incentives - High Point Economic Development (EDC)

City Council is requested to authorize performance-based incentives for Metal Works of High Point in the amount of $75,000 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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