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Rutherford County commissioners approve conveyance of Daniel Road tract for "Project Ruth"
Summary
At a special meeting, the Rutherford County Board of Commissioners voted to approve conveying county-owned land on Daniel Road to a confidential prospect identified as "Project Ruth." County staff said the project is expected to produce tax revenue and create permanent jobs; one college representative spoke in support.
The Rutherford County Board of Commissioners on Wednesday approved a resolution to convey a county-owned tract on Daniel Road to a company negotiating under the codename "Project Ruth," county staff told the board at a special public hearing.
Burgett, the county presenter, told commissioners the conveyance and the company’s planned investment in facilities, machinery and other personal property "will generate property tax revenues over the next 10 years in an amount of at least sufficient to return to the county the fair market value of the property pursuant to North Carolina statutes." She also said the project would create a substantial number of new permanent jobs that would pay above the median hourly wage in Rutherford County.
The announcement came after the chair opened a properly posted public hearing and explained confidentiality agreements prevented naming the company in public remarks. The board then received a public comment in support: a representative of the local college thanked Burgett for the presentation and said the project would help "advance the economic situation in the county" and that the college would offer support to employers who partner to expand local opportunities.
After public comment, a commissioner moved to approve the resolution and the board voted by raised hands; the chair called the question and announced the motion carried. The transcript records a voice/hand vote with no opposed voices documented; individual roll-call votes and a numeric tally were not recorded in the transcript.
The presenter said the projected tax revenue would, over a 10-year period, at minimum return the county the property's fair market value under North Carolina statutes, but the presentation did not provide a dollar figure, a detailed job count, or the company's name because of confidentiality agreements. The resolution conveys the tract and directs county staff to proceed with the transfer as outlined in the materials presented.
The board adjourned after approving the conveyance resolution.
