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Council approves four business investment grants totaling multi‑million dollars
Summary
Council approved business investment grants for Meritage Agency ($269,435 over 8 years), Pacific Life ($170,695 over 6 years), Scout Motors ($7,285,518 over 15 years) and SoFi Technology ($40,615 over 7 years); council members highlighted anticipated jobs and economic development benefits during the votes.
On Feb. 9 Charlotte City Council approved four separate business investment grants after short public hearings and staff presentations.
- Meritage Agency: Approved a business investment grant not to exceed $269,435 over eight years. (Action moved, seconded and adopted.)
- Pacific Life Insurance Company: Council…
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