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Council grants three‑year economic development tax incentive to Nickelock Paving
Summary
Following a public hearing with no speakers, the City Council approved a three‑year, 85% tax‑based economic development incentive for Nickelock Paving under North Carolina statute authorization.
The City Council conducted a public hearing under North Carolina General Statute 158‑7.1 and approved a three‑year, 85% tax‑based economic development incentive grant for Nickelock Paving. Mayor William C. Dush opened the public hearing and recorded that no members of the public signed up to speak. Council members moved to close the hearing and then voted to grant the incentive as presented. Staff indicated the action followed the public‑notice process required by NC statute. No public comments or conditions were recorded on the record; council moved immediately from the public hearing to a motion to grant the incentive and recorded the approval.
