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090820 Project Avocado Closed Session – Project Avocado — September 8, 2020 At 7:53 p.m., the Board convened in closed session on a matter relating to the location or expansion of business in the area, pursuant to NCGS 143-318.11(a)(4). Chairman Darrell Frye, Vice-Chairman David Allen, Commissioner Maxton McDowell, and Commissioner Hope Haywood were present. Commissioner Kenny Kidd was absent. Also present were County Manager Hal Johnson, Finance Officer Will Massie, County Attorney Ben Morgan, Associate Attorney Aimee Scotton, Deputy Clerk to the Board Sarah Pack, and Clerk to the Board Dana Crisco. Also present was Kevin Franklin, EDC President. Required social distancing was maintained throughout the meeting due to the COVID-19 pandemic. Mr. Franklin discussed a potential expansion of Star Pet. They are beginning to produce products made with recycled materials. The estimated investment in a facility would be approximately $17.4 million and in real estate and equipment would be $5.2 million. The average wage is stated to be approximately $50,900. If the project is able to proceed, the company is asking both the City of Asheboro and Randolph County to share in incentives in the amount of $455,000. Mr. Franklin also mentioned the State of North Carolina exempts recycling equipment from property taxes At 8:16 p.m., on motion of Allen, seconded by McDowell, the Board voted 4-0 to end closed session and return to open session. ________________________________ ________________________________ Darrell Frye, Chairman David Allen ________________________________ _________________________________ Maxton McDowell Hope Haywood ________________________________ Dana Crisco, Clerk to the Board 9/8/20 ***This page has been intentionally left blank.*** 9/8/20