[{"_1":2,"_122":-5,"_123":-5},"loaderData",{"_3":4,"_26":27},"root",{"_5":6,"_17":10,"_18":19,"_20":21,"_22":10,"_23":-5,"_24":-5,"_25":10},"user",{"_7":8,"_9":10,"_11":10,"_12":-5,"_13":-5,"_14":15,"_16":-5},"roles",[],"isAuthenticated",false,"isPremium","planName","subscriptionStatus","featureFlags",{},"insightsBudget","isDevelopmentHost","userPreferences",{},"recaptchaSiteKey","6LcvOJcUAAAAAHsB-gPGfGktcRlKpH7OTIU_dMTD","isImpersonating","impersonation","affiliateStatus","isFreedomPortal","routes/v2/article/layout",{"_28":29,"_30":31},"notFound",true,"relatedArticles",[32,75,87,99,110],{"_33":34,"_35":36,"_37":38,"_39":40,"_41":42,"_43":44,"_45":46,"_47":48,"_49":50,"_51":52,"_53":54,"_55":56,"_57":58,"_59":60,"_61":62,"_63":64,"_65":66,"_67":68,"_69":70,"_71":68,"_72":73,"_74":73},"mediaId",6204127,"mediaKeyId","3780470-378ce60095d68f3426f26e350514fe90","parentId",3780470,"title","Concord holds public hearing on proposed 3-year, 85% tax-base grant for TWG GM engine project","audioSeconds",227,"startMs",453000,"endMs",680000,"viewUrl","/Search/View?dp=1&key=3780470-378ce60095d68f3426f26e350514fe90&start=453&end=680","thumbnailUrl","https://assets.pipeline.soar.com/3780470-378ce60095d68f3426f26e350514fe90/thumbnail_453000.jpg","articleUrl","/articles/6204127/Concord/Cabarrus-County/North-Carolina/Concord-holds-public-hearing-on-proposed-3-year-85-tax-base-grant-for-TWG-GM-engine-project","mediaUrl","https://secure.pipeline.soar.com/6204127-e7f89f8b887993f0e3dfb9e86e53e234/orig.mp4?Expires=1771165876&Signature=nAZoNN2pKw~kQbBrM-tx1ISfnCmp1TvpFwlBz52-MevF3s5R3UXibu41LQRTr-YOYXuAbfy9Z41GHrBuKRSVyS0X7Nf-wiirU4GkGcN7LIjik3PzSSSYoXWior5X7OWUF-liC1NoMxmE~DD7cs5uuVQVCNWxy6jwEGswOa1QJS7Uz05eCkYqHmndt8gfEbHirvDKZlxbz3Lj0WdJVBw6daj-G433GOnXkc~FxTQlECj-iJ4C9TrJyDoG7yRk-2f6seAhzKquOvwx9aIqs-ori1fYELA~jiLnlR4Pkns~ec8IhiHIV-xypYxd6SN~HHVtDBclbaiH1lvrPApHpCxnmg__&Key-Pair-Id=KUT5TJCACFTXG","author","City of Concord, NC","date","2025-06-12T08:22:08.723Z","article","City of Concord officials on Monday held a public hearing on a proposed three-year, 85% tax-base economic development grant for TWG GM Performance Power Units LLC to support a manufacturing and research project in Concord.

Sam, a Cabarrus Economic Development Corporation representative, told the council the company plans operations at two Concord sites — 7455 Valor Place NW on the Hendrick Campus and 4540 Fortune Avenue NW in International Business Park — to design and test engines intended to meet Formula 1 standards. Sam said the project would involve new manufacturing, research-and-development and information-technology equipment and the hiring of highly skilled employees.

The project’s projected real and personal property investment was presented as approximately $155,000,000. Sam said the company expects to create between about 300 and 350 new full-time jobs with average wages above the county average. Staff estimated the three-year grant would total roughly $1,000,153 and projected net revenue to the city during the grant term would be over $238,000. Sam said initial operations are anticipated to occur at an existing General Motors facility in Concord to accelerate the project timeline.

The presentation was delivered as a public hearing item; no motion, vote or final approval of the grant was recorded in the meeting transcript. Council members present were offered an opportunity to ask questions; no substantive questions or votes appear in the record.

If the council later approves the grant, the agreement would combine two earlier approvals from February into a single grant and revise ownership information, according to staff. Sam stated that combining approvals does not change the previously approved total investment or terms.

City staff did not present a timeline for final council action during the hearing. The item will return to the council for consideration in a subsequent meeting where a motion and vote would be recorded.","mediaType","Video","parentTitle","City Council Work Session June 10, 2025","oneSentenceSummary","City of Concord officials on Monday held a public hearing on a proposed three-year, 85% tax-base economic development grant for TWG GM Performance Power Units LLC to support a manufacturing and research project in Concord.","taxTitle","Concord, Cabarrus County, North Carolina","taxId",53145,"location","headline","","shortSummary",{"_33":76,"_35":36,"_37":38,"_39":77,"_41":78,"_43":79,"_45":80,"_47":81,"_49":82,"_51":83,"_53":84,"_55":56,"_57":58,"_59":85,"_61":62,"_63":64,"_65":86,"_67":68,"_69":70,"_71":68,"_72":73,"_74":73},6204113,"Concord to split estimated non-federal match for I‑85/Kannapolis Parkway lighting with Kannapolis; city share about $66,666",1594,1594000,-1,"/Search/View?dp=1&key=3780470-378ce60095d68f3426f26e350514fe90&start=1594&end=0","https://assets.pipeline.soar.com/3780470-378ce60095d68f3426f26e350514fe90/thumbnail_1594000.jpg","/articles/6204113/Concord/Cabarrus-County/North-Carolina/Concord-to-split-estimated-non-federal-match-for-I85Kannapolis-Parkway-lighting-with-Kannapolis-city-share-about-66666","https://secure.pipeline.soar.com/6204113-451f687ea905df63b003a17a6f6aac34/orig.mp4?Expires=1771165876&Signature=SrQsg8oxxA6UsNl8Cdd6vgDaPDhDrwljYhyJfu656Cagg-w9Qp-fnPfLohCpuhKC~FD1o7upLB~v-LWKRdFPD8SJ5u3XPR5JHiYR6OTRwNmm1SbK33pysvcr63K7ggy7KvNsS7wyIW8N5LYwvhIy2O7yZRQqwbTYQXFLO7hy8VDEHD3E3aQNDFIYgMlqGrKphXKYWJMDvoD6pFwjVbii52pnWBTWrGlMIpTx4pZd9I8iEHxoSvfBG--Wh0i1PDUYK~aN4KXbxU-3CDjefR~ydP~e1LpP42hcmfqtKI-uOWdxa-w-pu~iy~zWuaKktGPR7WTgC11eJoCgGRtjk1skHQ__&Key-Pair-Id=KUT5TJCACFTXG","City staff briefed the Concord City Council on a proposed agreement with the North Carolina Department of Transportation to install roadway lighting at the I‑85/Kannapolis Parkway and George Lyles Parkway interchange.

Philip, a city staff member, said the I‑85 widening project originally did not include overhead lighting at some interchanges because it was not deemed warranted; safety concerns prompted NCDOT to revisit lighting at the Kannapolis Parkway/George Lyles Parkway interchange. He said the estimated total project cost is $1,000,000 and that the cities would split the non-federal match; Concord’s share was presented as $66,666, representing half of a $133,332 local match.

Philip noted an atypical provision in this agreement: the Department of Transportation will cover costs above the current estimate, whereas the city would typically share overruns. If the final cost comes in under the estimate, Concord’s share would be returned.

The item was presented for council consideration; no final council vote or execution of the agreement was recorded in the transcript.","City staff briefed the Concord City Council on a proposed agreement with the North Carolina Department of Transportation to install roadway lighting at the I‑85/Kannapolis Parkway and George Lyles Parkway interchange.",{"_33":88,"_35":36,"_37":38,"_39":89,"_41":90,"_43":91,"_45":92,"_47":93,"_49":94,"_51":95,"_53":96,"_55":56,"_57":58,"_59":97,"_61":62,"_63":64,"_65":98,"_67":68,"_69":70,"_71":68,"_72":73,"_74":73},6204117,"Council hears public hearing on downtown municipal service district grant for K & D Properties",137,603000,740000,"/Search/View?dp=1&key=3780470-378ce60095d68f3426f26e350514fe90&start=603&end=740","https://assets.pipeline.soar.com/3780470-378ce60095d68f3426f26e350514fe90/thumbnail_603000.jpg","/articles/6204117/Concord/Cabarrus-County/North-Carolina/Council-hears-public-hearing-on-downtown-municipal-service-district-grant-for-K-D-Properties","https://secure.pipeline.soar.com/6204117-5374c2525f3ef67804954351da6730fe/orig.mp4?Expires=1771165876&Signature=IWRk855UlrHTYi3BSQNgcHtbJCtEs5XctWDs5H35-zsjwq8jZDob2MZ2GV2sDl68qXvsBkX-mipuIJr2Yyqy7rgtcYFrq0WmttvQJExN2u83HrHzuzBT87WpSUEWUtPAcRPvV603qm3-PcjC97RdvGdxkTVEPl9MCW22drt3DNXtwscsMy0ncS8sNcSxDYC~uYObv-QHrA8ZTOLbzLInce8hmU-l8Oa~5lmLboQvPYw2tA1J2V0lcBrPQ~4CZ8LFGBsa-YISkM7vhRi2lQPzz45r1hEf0Hp2Rhux8dlvL8fV9ju~uo2Dbs4H-70aw7vHd8lfr9MpXD3nbNiliWm28A__&Key-Pair-Id=KUT5TJCACFTXG","City planning staff presented a public hearing about a downtown municipal service district (MSD) economic incentive application from K & D Properties for a renovation project in center-city Concord.

Cassie, a city planning staff member, told the council the site is approximately 7,000 square feet in a Center City zoning district and includes two storefronts — the left side (formerly Cabo) proposed for the relocating local bottle shop and the right side (formerly Alfredo’s) proposed for a “Concord Trading Post,” a grab-and-go food and mercantile use. Cassie said the left side would create two new jobs and the right side approximately 10 new jobs; upstairs office space would be leased. She said proposed improvements include a new roof, floors, interior wall repair and sealing, plumbing and electrical upgrades, exterior painting and activation of outdoor dining space.

Cassie presented an estimated total investment of about $117,300 and said the grant analysis reflected three years of taxes (calendar/term noted as 200–2041 in the materials) and a personal grant amount referenced in staff materials. She also said the sewer allocation for the project was 2,650; staff noted they reduced that sewer amount from the city’s available allocation when council previously agreed to move forward with incentives. The item was presented as a public hearing pursuant to North Carolina General Statute 158-7.1; the transcript does not record a final council vote.

Cassie said staff would be available to answer further questions and noted the applicant would relocate the bottle shop to the left storefront from a nearby location across from the Hotel Concord. No applicant representative was present at the meeting.","City planning staff presented a public hearing on a downtown municipal service district incentive application from K & D Properties to renovate two storefronts in center-city Concord for retail and food use.",{"_33":100,"_35":36,"_37":38,"_39":101,"_41":102,"_43":103,"_45":103,"_47":104,"_49":105,"_51":106,"_53":107,"_55":56,"_57":58,"_59":108,"_61":62,"_63":64,"_65":109,"_67":68,"_69":70,"_71":68,"_72":73,"_74":73},6204121,"City staff recommend awarding $4.97 million annual street preservation contract to Fairview Corporation",0,1798000,"/Search/View?dp=1&key=3780470-378ce60095d68f3426f26e350514fe90&start=1798&end=1798","https://assets.pipeline.soar.com/3780470-378ce60095d68f3426f26e350514fe90/thumbnail_1798000.jpg","/articles/6204121/Concord/Cabarrus-County/North-Carolina/City-staff-recommend-awarding-497-million-annual-street-preservation-contract-to-Fairview-Corporation","https://secure.pipeline.soar.com/6204121-9af9c35603d2db6290377c469a73fc8d/orig.mp4?Expires=1771165876&Signature=CzDyCnbJo~Nr4cj~Z-STZqGYuzdmOqibYLeTx96RNRfkGtCcu~k72mmHr~id4BAt5sHjavTUWlXHgCRFVVv19YOSODIh8U5iQllMm3Mmh2bOYUyQ62jCY67rMDDW-soFtf9hsiGOupxx3C94B2R9j9kg7SewJbrXa6KTccsWqMe0LqpcZq0amPY4NHMuQwWTapoaJ9-mWZvU~T0eoCYdyvEmEoteyrYTM0s3g741kr-lLhuBPujrhh~-Ef7gMtKu5jGKtrAKKcJALlQAthP2li0pdY2klCjmDPSbzBLZv2Wvk26ZaD7wcxZq7II-I80sEOl946fCatN3dsa~8~Lq~w__&Key-Pair-Id=KUT5TJCACFTXG","City of Concord staff recommended awarding the annual street preservation contract to Fairview Corporation, the lowest responsive bidder, at $4,972,499.95.

Philip, the city’s transportation representative, told council the contract covers resurfacing approximately 17.33 lane miles and 2,000 tons of patching with a contract term of 180 days from the notice to proceed. He said the work will include downtown streets and will tie into the Union Street streetscape project, installing matching decorative crosswalks on Market, Corbin and Spring streets to create a consistent look.

Philip said staff will publish a map on the city’s transportation page after the council motion passes showing the full list of streets included; he noted some streets named in discussion were Crowell, portions of Young and Old Davidson Place. The presentation did not include a formal council vote in the transcript; the item was presented for council consideration.

Staff answered questions about schedule and project sequencing; no speaker requested postponement. If awarded, work is expected to proceed after July 1 following the fiscal-year transition and issuance of a notice to proceed.","Staff presented the low bid from Fairview Corporation of $4,972,499.95 to resurface 17.33 lane miles and perform 2,000 tons of patching; the contract term is 180 days from notice to proceed and includes work in downtown streetscape areas, with staff planning a public schedule map after approval.",{"_33":111,"_35":36,"_37":38,"_39":112,"_41":113,"_43":114,"_45":115,"_47":116,"_49":117,"_51":118,"_53":119,"_55":56,"_57":58,"_59":120,"_61":62,"_63":64,"_65":121,"_67":68,"_69":70,"_71":68,"_72":73,"_74":73},6204124,"Council hears proposal to advertise RFQ for Concord-Padgett Regional Airport corporate hangar development",112,1138000,1250000,"/Search/View?dp=1&key=3780470-378ce60095d68f3426f26e350514fe90&start=1138&end=1250","https://assets.pipeline.soar.com/3780470-378ce60095d68f3426f26e350514fe90/thumbnail_1138000.jpg","/articles/6204124/Concord/Cabarrus-County/North-Carolina/Council-hears-proposal-to-advertise-RFQ-for-Concord-Padgett-Regional-Airport-corporate-hangar-development","https://secure.pipeline.soar.com/6204124-4ccc08763afd55be6200378d6c7b703a/orig.mp4?Expires=1771165876&Signature=nkJV3Okf-J~8pxW-MmXJcfuxfCxUS-7X3-o8vTSc2Xztfvh3wiGTCuz7fyqpXg5DaCu6vT4aKOrGEG8w04Tr22yIYqvxU49-ezQ2ps2O-aGQ~oSlVShWygcqABKqfHDVXuX9YU-T8VVFPsPtUl4NNP16ei9cyAO510DgTcV5sF09qIbCQLqrEBRA5D0NHj1w8IwcfHiEKne7CiRoxQ6RTu5LpKW72irIoVLldXQN3rEG-WJISe65HD62LdzRjUIVGXXt6aY2KzMPbySe1Zeyz3ODMIeYdjbkO2ltT~uz7O9Edxu7rs9iHM4Fr3oHA3I9XmkuLwqunvbCOtgxGAscGQ__&Key-Pair-Id=KUT5TJCACFTXG","The Concord City Council heard a presentation seeking authorization to advertise a request for qualifications for architecture and engineering services for a new community corporate hangar at Concord-Padgett Regional Airport.

Dirk, an Aviation Department representative, told the council that the airport’s 2018 Federal Aviation Administration master plan supported expanded general aviation apron and additional hangar capacity. He said the city received about $6 million in federal funds under recent federal legislation and $5 million from the state in 2024 for a new access road.

Staff previously issued a request for information in 2024 to gauge private interest in development opportunities at the airport. After reviewing responses, the Aviation Department recommended the city move forward with an in-house development effort and asked council for authorization to advertise an RFQ for architecture and engineering services to pursue the hangar project.

The presentation provided background and funding context; no formal vote or contract award was recorded in the meeting transcript. If council authorizes the RFQ, the next steps would be procurement of design services and follow-on project approvals.","The Aviation Department asked council to authorize advertising a request for qualifications for architectural/engineering services to support development of a community corporate hangar at Concord-Padgett Regional Airport; staff cited earlier federal and state funding and FAA-approved master plan support.","actionData","errors"]

Article not found

Concord holds public hearing on proposed 3-year, 85% tax-base grant for TWG GM engine project

Concord to split estimated non-federal match for I‑85/Kannapolis Parkway lighting with Kannapolis; city share about $66,666

Council hears public hearing on downtown municipal service district grant for K & D Properties

City staff recommend awarding $4.97 million annual street preservation contract to Fairview Corporation

Council hears proposal to advertise RFQ for Concord-Padgett Regional Airport corporate hangar development