C100200Closed Session - October 2, 2000
At 6:08 p.m. the Board adjourned to closed session to discuss matters relating to the location or
expansion of business in the area served by the Board, pursuant to NCGS 143-318.11(a)(4). Commissioners
Kemp, Frye, Davis, Holmes, and Mason were present. Also present were County Manager, Frank Willis; Clerk
to the Board, Alice Dawson; County Attorney, Alan Pugh; Aimee Scotton, Staff Attorney; Bonnie Renfro,
President of Randolph County Economic Development Corporation; John Stanley, Mayor of Liberty; and
Buddy Seymour, A Watts Corporation (construction company developing the Liberty Business Park).
Ms. Renfro reported that Times Fiber Corporation/Amphenol is considering EDC's shell building in the
Liberty Business Park as a site for a coaxial cable manufacturing operation. They would need some of the
adjacent land for a 45,000 sf satellite facility. They are also considering an alternative site in South Korea or
expanding on-site in Chatham, Virginia and Toronto, Canada. This would be a $15 million investment and
would create 120-150 jobs within two years. The company is seeking $270,700 assistance with two rail spurs.
They are asking the County for $50,000 of that amount. The County previously committed to $278,785 to
Times Fiber for water and sewer. Ms. Renfro asked the Board for guidance on how to proceed and what they
would be willing to do in response to the request.
On motion of Holmes, seconded by Frye, the Board unanimously voted that it is their intent to invest
$50, 000 to this project to assist with rail spurs.
Ms. Renfro stated that she needs to provide to D.O.T. a resolution from the Commissioners showing
their support for Times Fiber's application to D.O.T. for financial assistance for the rail spurs.
On motion of Holmes, seconded by Mason, the Board approved a resolution supporting Times Fiber's
application to D. O. T. for financial assistance for rail access.
Ms. Renfro updated the Board on a project by SouthCorr. They are considering an expansion either in
Asheboro or Liberty. They will need a CDBG if they locate in Liberty, and they may ask the County to assist
financially if they locate in Liberty.
On motion of Davis, seconded by Mason, the Board unanimously voted at 6:45 p.m. to return to
regular session.
Phil Kemp, Chairman
J. Harold Holmes
Robert O. Mason
Darrell L. Frye
Robert B. Davis
Alice D. Dawson, Clerk to the Board