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c050602Closed Session — May 6, 2002, 6:15 p.m. At 6:15 p.m. the Board adjourned to closed session to discuss matters relating to the location of expansion of business in the area, pursuant to NCGS 143-318.11(a)(4). Commissioners Kemp, Frye, Holmes, Mason and Davis were present, as well as County Manager Frank Willis; Cheryl Ivey, Deputy Clerk; Alan Pugh, County Attorney; Aimee Scotton, Staff Attorney; and Bonnie Renfro from Randolph County Economic Development Corporation. Ms. Renfro gave an update on expansion plans for Thomas Built Bus Company. The site options are still Gaffney, S.C., and the Fairfield Road plant in Archdale and High Point. Ms. Renfro said that all incentive projections remain the same except that $300,00 is needed from the County instead of the previously requested $259,200 in new tax revenues (3 years worth) over a period of 3-5 years. The Board agreed to this change. Ms. Renfro told the Board about Project Heartland. Global Location Strategies of Corvus International has been selected to perfrom a site location study for a NYSE-listed corporation. The currently confidential project is classified as heavy distribution and will be constructed in up to two distinct phases over a period of 2-5 years. Project investment will be $12 million for Phase I and $25 million at full build -out. There is the potential for up to 300 new jobs at the completion of Phase II. Our proposed site is Liberty Business ParkFulk, Smith property. The corporation is requesting assistance with infrastructure. A preliminary request figure from Randolph County is $250,000 in local match for a CDBG grant. Next, Ms. Renfro said that Asheboro has been short listed (1 of 10 in the nation) as the potential site for a major in -bound call center project. A well known telecommunications company has pre -qualified 10 U.S. locations based on demographic research as potential sites for a large call center. Potential investment is $17.5 million and 500 new jobs in Phase I (12 months) and 1,000 jobs in Phase II (2-3 years). Wage estimates are $9.50 for hire rate, $10.50 - $11.00 average wage for customer service representatives, for an inclusive wage range of $10.00 - $18.50 with full benefit package. The center would be 20% bilingual for in -bound customer support. The client would construct a new facility with high amenities. A preliminary request figure from Randolph County would be 3 years of new tax revenues at $252,000 (100%) or $200,000 (80%). At 6:40 p.m., on motion of Holmes, seconded by Mason, the Board voted unanimously to resume open session. Phil Kemp, Chairman J. Harold Holmes Robert O. Mason Darrell L. Frye, Vice Chairman Robert B. Davis Cheryl A. Ivey, Deputy Clerk to the Board