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County asked to contribute $1M for Welcome Venture Park sewer upgrades as part of land option near future rail trail
Summary
Durham County staff will hold a public hearing on a proposed economic development agreement asking the county to commit $1 million toward sewer upgrades for Welcome Venture Park and to consider a six‑month option to buy a 7.81‑acre parcel adjacent to the planned Durham‑to‑Roxboro Rail Trail. Environmental testing is required before any purchase.
Durham County staff scheduled a public hearing on March 23 to consider an economic development agreement with Welcome Venture Park, LLC that would ask the county to contribute $1,000,000 toward sewer utility upgrades needed to support Phase 3 of a 157‑acre industrial/business park.
County staff say the sewer improvements are part of a roughly $2.7 million project that the company says will enable additional development and an estimated 300+ new jobs and $270 million-plus in new taxable value across the full Site. As part of the proposed arrangement, the company would grant…
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