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c080612 I Project LibertyClosed Session (Project Liberty) August 6, 2012 At 7:45 p.m., the Board convened closed session to discuss matters 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; Ben Morgan, County Attorney; Aimee Scotton, Associate County Attorney; Cheryl Ivey, Clerk to the Board; and Bonnie Renfro, Randolph County EDC President. Bonnie Renfro updated the Board on the proposed "mega site" in Liberty, which would potentially attract a significant manufacturing company such as an auto or aviation business. She provided the following information: Utilities Water: 16" line will be extended to site—line capacity 1.5 MGD (opportunity for Randolph County to sell some of its share of Randleman Lake water to Greensboro for this purpose.) Sewer: Sewer line will be extended to site—line capacity 1.5 MGD Power: Duke Energy Gas: Piedmont Natural Gas Company Telecommunications: Randolph Telephone Company—Bell South Zoning: Will be rezoned to industrial Air Quality: Attainment Environmental: Phase One & Geotech completed; Wetlands delineation underway Site Acreage: 2,032 acres (all in Randolph County) 40% of parcels are under sales contract Transportation Rail: Norfolk Southern Railroad at site Access: US 421 -4 -lane divided Interstate quality highway; multi County and City marketing of the Highway 421 corridor for economic development is essential. Site is 10 miles from I-40/85 via US 421 Airports: Piedmont Triad International: 28 miles RDU: 69 miles CLT: 106.22 miles Ports: Norfolk 235 miles Wilmington 212.74 miles Labor Force: 62 km/100 mile radius is 1,908,943 **Right to Work State Ms. Renfro said that $5 million has been appropriated for this project from the State of North Carolina under the purview of Department of Commerce Secretary Keith Crisco. She urged the Board to start thinking about revenue sharing options and inter -local agreements with other participating local governments. Ms. Renfro mentioned that the City of Burlington and Alamance County have expressed interest in any revenue sharing opportunities. She also mentioned that there was a group of property owners who appear to have organized in opposition to the project. At 8:23 p.m., on motion of Frye, seconded by Lanier, the Board voted unanimously to end closed session. J. Harold Holmes, Chairman Darrell L. Frye Phil Kemp Arnold Lanier Stan Haywood Cheryl A. Ivey, Clerk to the Board