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Belmont council approves amended incentive for anonymous 'Project Family' after questions on wages and NDA
Summary
The Belmont City Council approved an amended Level 1 incentive resolution for an unnamed company (referred to as 'Project Family') after staff and Gaston County representatives answered council questions about expected salaries, prior county incentives and the company's request for confidentiality under an NDA.
Belmont, N.C. — The Belmont City Council voted April 6 to approve an amended Level 1 incentive resolution for an unnamed company the staff identified as “Project Family,” after council members pressed staff on expected wages and whether the company would allow its identity to be public.
Miles, the city staff contact on the item, told council members the Economic Development Commission had provided a packet showing the projected salaries for 31 new jobs and said the company intends to keep its name confidential under a nondisclosure agreement for competitive reasons. “They intend to keep the company's name confidential and will…
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