01-07-2014 Notice of Public Hearing Economic Development Incentives
PLEASE TAKE NOTICE the City Council of the City of Graham, North Carolina, will hold a Public Hearing on January 7, 2014 at 7:00p.m. in the Council Chambers of the City of Graham Municipal Building, 201 S. Main St., Graham, NC. The purpose of the meeting will be to receive comments on a proposal to extend economic development incentives for a proposed expansion and relocation to a manufacturing facility in the City of Graham. To assist the Company in its relocation, facility construction, and machinery and equipment installations, the City proposes to award a grant to the Company in the amount of Twelve Thousand Five Hundred Dollars ($12,500). The consideration for the grant will be the company’s agreement to employ twenty-five (25) new full time jobs in the City. Following the public hearing, the City Council will consider an agreement with the company.