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Aberdeen approves contract documents tied to Commerce grant; commissioner recused from vote
Summary
The board approved contract documents tied to a North Carolina Department of Commerce grant for Alliance Packaging (discussed also as Reliance Packaging), authorized staff to advertise a public hearing on the incentive agreement, and recused one commissioner from the vote.
At the Oct. 14 work session the Aberdeen board approved contract documents related to a North Carolina Department of Commerce grant award (transcribed references name Alliance Packaging and Reliance Packaging) and authorized staff to reformat documents as required by the Department of Commerce.
One commissioner declared a conflict of interest and was recused prior to the vote. Staff described the package as including a $160,000 grant component and a separate incentive agreement that phases a tax-break-style grant tied to increases in assessed value over roughly seven years. The agreement would not reduce existing property taxes in the short term but would provide stepped incentives as improvements are completed, staff said. The board approved the documents and directed staff to advertise a public hearing on the incentive agreement at the next available meeting date (target: Oct. 28 or the next work session).
