I. Economic Development Property (G.S. 158-7.1)

A. Notice of Public Hearings Pursuant to G.S. 158-7.1(d)

notice of public hearing

XYZ County proposes to convey land in the Eastside Industrial Park, owned by the county, for an economic development project pursuant to North Carolina General Statute § 158-7.1. The Board of County Commissioners intends, subject to public comment at the public hearing for which notice is hereby given, to approve conveyance of a fee simple interest in a 17-acre tract of land at the industrial park. This tract is Parcel 6 at the industrial park, as shown on a plat of the park that is available at the offices of the county Department of Economic Development, Room 241, XYZ County Office Building in the city of ABC. [The conveyance will be made to Michigan Industries, Inc., which will construct a surgical instrument manufacturing facility on the tract.]* The Board of County Commissioners has determined that the value of the tract is $11,400 an acre, for a total value of $193,800. The purchaser of the tract intends to pay the county the full value of the tract at closing. The Board of Commissioners believes this project will stimulate and stabilize the local economy and result in the creation of a substantial number of new, permanent jobs in the county.

The XYZ County Board of Commissioners will hold a public hearing on the county’s proposed conveyance of this tract of land at 7:30 p.m. on Monday, March 10, 200x, in the Commissioners’ Room in the XYZ County Office Building, 100 Court Street, ABC, N.C. The commissioners invite all interested persons to attend and present their views.

* The name of the purchaser of the land is included in the notice, because in most instances the local government will want to identify the purchaser and thereby allow a more informative public hearing. That sentence is set in brackets, however, because the statute does not require that the notice include this information, and there may be instances in which the information is not yet public.