c110705IClosed Session I – November 7, 2005
At 5:25 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 143-318.1l(a)(4). Commissioners Holmes, Kemp,
Frye, Lanier, and Davis were present, as well as County Manager Frank Willis; Alice Dawson, Clerk to
the Board; Cheryl Ivey, Deputy Clerk; Alan Pugh, County Attorney; Aimee Scotton, Associate County
Attorney; David Townsend, III, Public Works Director; and Bonnie Renfro from Randolph County
Economic Development Corporation.
Bonnie Renfro and David Townsend said that The Assurance Group (TAG) project has been
revised to include an expansion at the company's existing location in addition to the originally discussed
addition at a location near their existing facility. TAG's planned investment is $1 million in new facility
construction (two 20,000 sq. ft. facilities in 2 phases) and $1 million in electronic and Internet
technology equipment. Five hundred new jobs are projected. The company is requesting assistance with
sewer access (2 sewer lines) and roadway improvements estimated at $1,485,000.
Ms. Renfro said the company's current plans are to apply for 2 state grants—Community
Development Block Grant (CDBG) and NC Rural Center Grant—to fund the majority of the sewer
construction. Grant funds would also be used to improve roadway access to the new building as required
by NCDOT. TAG would agree to invest no less than $1 million in the project and to document 50 new
jobs for the Rural Center Grant and 188 new jobs for the CDBG. The project involves 4 local
governments: Randolph County, City of Trinity, Davidson County and the City of Thomasville. The
City of Thomasville will provide the sewer treatment capacity and the City of Trinity will likely
maintain the lines.
Mr. Townsend said that due to the complexity of the project, an outside consultant firm would
need to be hired to administer the grants.
The Board directed Ms. Renfro to approach the City of Trinity for a portion of the local match
($80,000).
A summary of the overall project financing follows:
Expenses
Revenues
Sewer Extensions Project
$ 1,185,000
CDBG
$
750,000
Roadway Access Improvements
$ 250,000
Rural Center Grant
$
500,000
Grant Administration
$ 50,000
NCDOT
$
75,000
Total:
$ 1,485,000
Randolph County
$
80,000
Developer
$
80,000
Total:
$ 1,485,000
On motion of Frye, seconded by Davis, the Board voted unanimously at 5:55 p.m. to adjourn
from closed session and resume regular session.
J. Harold Holmes, Chairman
Phil Kemp
Darrell L. Frye
Robert B. Davis
Arnold Lanier Cheryl A. Ivey, Deputy Clerk
Approved: December 5, 2005 Unsealed: February 6, 2006