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Orange council approves suite of economic development grants, tax rebates and contracts
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Summary
The City Council approved multiple Economic Development Corporation grants, Chapter 380 tax‑incentive agreements and local contracts — including a potential $2 million infrastructure grant for Project Capstone — and awards for local business and park improvements, all by voice vote.
The City Council of the City of Orange on March 10 approved a package of economic development actions that city staff said aim to attract investment and support local projects.
Council voted to approve three related items for Cadence Development Partners’ Project Capstone: an EDC infrastructure grant for eligible improvements of up to $2,000,000, a Chapter 380 sales‑tax rebate (33% of the EDC portion) for 10 years, and a Chapter 380 property‑tax rebate equal to 100% of the incremental ad valorem tax on the property and improvements for 10 years. Mr. Trahan told the council these items were the second and final readings and that each is subject to future amendments as the project advances. The council approved the measures by voice vote.
The council also approved an EDC infrastructure grant not to exceed $200,000 to Gulf States Industries for relocation/expansion at 4514 West Ledger Drive; an incentive of up to $40,000 for Newton Court LLC (Park Avenue Apartments) to support parking improvements at an affordable housing project; and an EDC infrastructure grant up to $200,000 for Cypress Wood Flex Park to bring warehouse space to an area near State Highway 87. All were presented as previously discussed items and were approved on voice votes.
Separately, the council awarded a $117,652.10 contract to Triangle Civil Services to construct an ADA‑compliant parking lot and sidewalk at Cove Recreational Area. Staff said the lowest bidder lacked required paperwork and recommended Triangle Civil Services as the responsive bidder.
Council also moved forward a $35,000 EDC incentive for a Kings Clean project (1512 West Burton) that EDC staff said will support eligible infrastructure improvements; that item passed by voice vote.
All of these measures were moved, seconded and approved during the meeting; staff tied several items to prior presentations and first readings on February 24 and to EDC board recommendations. No roll‑call vote tallies were recorded in the meeting transcript beyond repeated “aye” responses when council members voted.
The council’s approvals will allow staff to finalize agreements and execute contracts or filings as required. Specific timelines and any implementation conditions or reporting requirements were not specified in the motions recorded in the transcript.
