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220711 Closed Session Roelee St. Closed Session Î Archdale Roelee Street Ï July 11, 2022 At 7:40 p.m., the Board convened in closed session pursuant to NCGS 143-318.11(a)(4) to discuss matters relating to the location or expansion of industries or other businesses in the area served by the public body, including agreement on a tentative list of economic development incentives that may be offered by the public body in negotiations. Chairman Darrell Frye, Vice- Chairman David Allen, Commissioner Kenny Kidd, Commissioner Maxton McDowell, and Commissioner Hope Haywood were present. Also present from the County were County Manager Hal Johnson, Assistant County Manager/Finance Officer Will Massie, County Attorney Ben Morgan, Associate County Attorney Aimee Scotton, Deputy Clerk Sarah Pack, and Clerk to the Board Dana Crisco. Present from Randolph County Economic Development Corporation (EDC) were President Kevin Franklin and Business Recruitment Director Crystal Gettys. Ms. Gettys said that a company that makes trusses for residential property is considering a site in Archdale to build a manufacturing facility. There is competition with two other sites in different states. There is a potential of 130 jobs with above average wages. The estimated investment is $19,500,00. The site will require rail service. The City of Archdale was also considering the offer. Ms. Gettys recommended that Randolph County give incentives in the amount of $267,000 over four years. Discussion on this topic ended to address another economic development project in Closed Session. ________________________________ _________________________________ Darrell L. Frye, Chairman David Allen ________________________________ _________________________________ Kenny Kidd Maxton McDowell ________________________________ ________________________________ Hope Haywood Dana Crisco, Clerk to the Board 7/11/22