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c110314 III Project LibertyClosed Session III (Project Liberty) November 3, 2014 At 8:08 p.m., already in closed session on another matter, began closed session on a different matter relating to the location or expansion of business in the area, pursuant to NCGS 143- 318.11(a)(4). Commissioners Holmes, Frye, Kemp, Lanier and Haywood were present. Also present were County Manager Richard Wells; Will Massie, Assistant County Manager/Finance Officer; County Attorney Ben Morgan; Aimee Scotton, Associate County Attorney; Amanda Varner, Clerk to the Board; Hal Johnson, Planning Director and Bonnie Renfro, Randolph County EDC President. Bonnie Renfro, Randolph County EDC President, asked the Board for guidance on requesting an extension on the grant that the County has from the State for securing land specifically for the Greensboro Liberty mega site. The consensus was for her to request that extension. Ms. Renfro updated the Board with the following information: • The private entity has 1135 acres under contract, has purchased 41 acres, and has verbal agreements with contracts issued on 174 acres. • N.C. Railroad has visited both the Chatham and Greensboro -Liberty mega sites. Rail representatives liked the regional approach of the Greensboro -Liberty site and are willing to participate in financial funding for the rail. Following discussion, the Commissioners wish to ask for extension of the grant, but are not ready to commit funds until the project is further along. At 8:45 p. m., on motion of Lanier, seconded by Frye, the Board voted unanimously to adjourn from closed session and resume regular session. J. Harold Holmes, Chairman Phil Kemp Darrell L. Frye Stan Haywood Arnold Lanier Amanda Varner, Clerk to the Board