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The original item was published from 5/5/2021 7:45:00 AM to 5/17/2021 6:05:02 PM.

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Posted on: May 5, 2021

[ARCHIVED] Notice of Public Hearing - Approval of an Economic Development Agreement 5/17/2021

TAKE NOTICE, that the Haywood County Board of Commissioners (“the County Commissioners”) will conduct a public hearing at its regular meeting at 5:30 P.M. on Monday, May 17, 2021 in the Historic Courtroom of the Haywood County Historic Courthouse located at 215 North Main Street, Waynesville, N.C. 28786.

The purpose of the hearing is to consider a proposed Economic Development Agreement with Project Surrey to approve the award of incentives for economic development purposes by helping stimulate the local economy, provide new taxable capital investment and create new full time employment with health insurance.

Project Surrey plans to build a new facility by investing $14.2 million in the first three (3) years and adding additional investments of $11.2 million over the next seven (7) years for a total investment of $25.4 million over a ten-year (10) period.  Project Surrey will hire 43 new employees during the first three (3) years; an additional 16 new employees in the fifth year; and an additional 48 new employees over the next five (5) years for a total of 107 new jobs over a ten (10) year period.  

Haywood County proposes to make appropriations funded by the levy of property taxes pursuant to N.C.G.S. Section 158-7.1 as authorized by N.C.G.S. Section 153A-149 (c) (10b), and to award tax incentives for economic development purposes by granting a reimbursement between 78% to 88% of property taxes paid to Haywood County for the ten (10) fiscal years as per the Haywood County Economic Development Incentives Program, adopted by the Board of Commissioners on May 18, 2020.

Persons wishing to be heard at the public hearing are asked to be present.  The County Commissioners may adopt reasonable rules governing the conduct of the hearing including (i) fixing the maximum time allotted to each speaker, (ii) providing for the designation of a spokesman for groups of persons supporting or opposing the same position, (iii) providing for the selection of delegates from groups of persons supporting or opposing the same position when the number of persons wishing to attend the hearing exceeds the capacity of the Historic Courtroom, and (iv) providing for the maintenance of order and decorum in the conduct of the hearing.

This the 3rd day of May, 2021.

Bryant E. Morehead

Haywood County Manager

 Publish Wednesday, May 5, 2021 The Mountaineer

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