Notice of Public Hearing - Economic Development Incentive<div class="ExternalClassAF1B99281A87444D8D427496075970DC"><p style="text-align:center;"><strong>NOTICE OF PUBLIC HEARING</strong></p><p style="text-align:center;"><strong>ECONOMIC DEVELOPMENT INCENTIVE </strong></p><p style="text-align:center;"><strong>November 20, 2018 – 6:00 P.M.</strong></p><p style="text-align:justify;">Notice is hereby given that the Burke County Board of Commissioners will hold a public hearing at 6:00 p.m. (or as soon thereafter as persons may be heard) on Tuesday, November 20, 2018, in the County Board Room, Burke County Services Building, 110 North Green Street, Entrance E, in Morganton, NC for the purpose of adopting a resolution conveying real property (Lot G= 8.8 acres) of the Burke Business Park (BBP) located off Kathy Road (I-40 Exit 96) in Morganton to a developer in exchange for construction of a minimum 50,000 sq. ft. speculative building at the BBP.  The resolution also authorizes the BDI CEO to, among other things, negotiate a grant that would offset property taxes on the building and land until the building is occupied by the final tenant, sold or leased.  The real property will be conveyed to the builder at no charge, but will revert back to BDI (Burke Development, Inc.) if construction has not commenced within 12 months of conveyance. The Board of Commissioners believe the project will stimulate economic activity, will help stabilize and increase the tax base and create additional revenues in the County.  If reasonable accommodations are needed to participate, please contact the Clerk at 828-764-9350 at least 48 hours prior to the public hearing. </p><p style="text-align:justify;"> </p><p style="text-align:justify;">Kay Honeycutt Draughn</p><p style="text-align:justify;">Clerk to the Board</p></div> of Public Hearing - Economic Development Incentive Notice/DispForm.aspx?ID=233 | Lance Riddle | 693A30232E777C6275726B655C6C616E63652E726964646C65 i:0#.w|burke\lance.riddle11/8/2018 1:22:30 PM01420aspx Notice/AllItems.aspxFalse