CONSIDERATION OF RESOLUTION AUTHORIZING SUBMISSION OF APPLICATION

Item 10: Consideration of Resolution Authorizing Submission of Application for North Carolina Department of Commerce Building Reuse Program Funding for the Expansion of SePRO’s Manufacturing Plant at 1259 Atlantic Avenue (planned investment = $2,500,000 in renovation and uplift of plant and adds 20 new jobs with annual payroll of $895,000; grant = $190,000)

Recommended Action: Adopt Resolution (confirms the City has or will comply with State
and local laws; and provides authority for the City Manager to execute
additional documents pertaining to grant application)

Votes:

Knight - Y
Blackwell - Y
Joyner - Y
Walker - Y
Daughtridge - Y
Bullock - Y
Miller - Y