City of High Point - File #: 2022-325

• File #: 2022-325
• Version: 1
• Type: Miscellaneous Item
• Status: Approved
• File created: 7/13/2022
• In control: City Council
• On agenda: 7/14/2022
• Final action: 7/18/2022
• Title: Public Hearing - Performance Based Incentives - Ethnicraft USA - Gallimore Industrial Center at 750 Gallimore Dairy Rd City Council is requested to authorize performance-based incentives for Ethnicraft USA for an expansion project in the Gallimore Industrial Center at 750 Gallimore Dairy Rd. in the amount of $127,949 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
7/18/2022	1	City Council	approved	Pass
7/14/2022	1	Finance Committee	For Information Only

Title

Public Hearing - Performance Based Incentives - Ethnicraft USA - Gallimore Industrial Center at 750 Gallimore Dairy Rd

City Council is requested to authorize performance-based incentives for Ethnicraft USA for an expansion project in the Gallimore Industrial Center at 750 Gallimore Dairy Rd. in the amount of $127,949 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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