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HomeMy WebLinkAbout1977/11/21 RESOLUTION HARNETT COUNTY QUALIFIED AS A REDEVELOPMENT AREA UNDER THE PUBLIC WORKS & ECONOMIC DEVELOPMENT ACT OF 1965RESOLUTION HARNETT COUNTY NORTH CAROLINA WHEREAS, Harnett County, North Carolina qualified as a redevelopment area under the Public Works and Economic Development Act of 1965, as amended; and WHEREAS, Harnett County, recognizes the high unemployment rate in Harnett County; and WHEREAS, Harnett County recognizes a need to conduct Public Works and other programs as provided for under the Public Works and Economic Development Act of 1965, as amended; and WHEREAS, Harnett County Board of Commissioner has examined and duly considered such Act and the Harnett County Board of Commissioners considers it to be in the public interest and to its benefit to file a request for designation as a Redevel- opment Area under said Act, and to authorize other action in connection therewith. NOW THEREFORE, BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF HARNETT COUNTY, NORTH CAROLINA, that the County requests that it be designated a Redevelop- ment Area under the provisions of the Public Works and Economic Development Act of 1965, as amended, and hereby expresses intent to take action necessary to develop an acceptable overall economic development program for Harnett County and to implement the same to the extent it is approved by the Secretary of Commerce. Commissioners Stewart made a motion that the Board adopt the foregoing resolution, Commissioner Brock seconded the motion. Ayes 5 Noes BY: I hereby certify the foregoing is a true copy Harnett County Board of County Commissioners/ November, 1977. ATTEST: H. 0. Carson, Gler HARNETT COUNTY BOARD OF COMMISSIONERS se Hipnin, a Resolution dilly adopted by the th Carolina, on this 21st day of PARTIAL LIST OF ECONOMIC DEVELOPMENT PROGRAMS HARNETT COUNTY WILL BE ELIGIBLE FOR IF DESIGNATED A "REDEVELOPMENT COUNTY!' BY THE DEPT. OF COMMERCE EXISTING PROGRAMS TITLE I: Loans and grants to governments to develop facilities and utilities to attract industrial development. TITLE II: Large loans made directly to industries for new building or expansion Planning and Technical Assistance Grants PROGRAMS NOW BEING FINALIZED BY EDA "Sec. 204 Redevelopment Area Action Loan" • Made to governmental unit for wide variety of uses • Interest free • Pay back only if county is "de- designated" "Non- Deterioration Grants" To governments for community development type programs Harnett County must submit OEDP and be designated by EDA as a ReDevelopment Area by December 31, 1977, or else lose eligibility for designation for several years. Notes from briefing by EDA North Carolina representatives November 10 and 11, 1977