Guilford County
File #: 2019-226    Version: 1 Name:
Type: Public Hearing Status: Held
File created: 4/16/2019 In control: Board of Commissioners
On agenda: 6/6/2019 Final action: 6/6/2019
Title: HOLD PUBLIC HEARING ON PROPOSED ALLOCATION OF FUNDS FOR ECONOMIC DEVELOPMENT GRANTS UP FOR CONSIDERATION FOR APPROPRIATION IN CONJUNCTION WITH ADOPTION OF THE FY 2019-20 ANNUAL BUDGET
Attachments: 1. Notice of Public Hearing 19-20 Economic Dev. Budget Appropriati (Revised).pdf, 2. GS_158-7.1_ED_Public_Hearing_Requirement
Related files: 2019-251
Date Ver.Action ByActionResultAction DetailsMeeting DetailsVideo
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TITLE

Title

HOLD PUBLIC HEARING ON PROPOSED ALLOCATION OF FUNDS FOR ECONOMIC DEVELOPMENT GRANTS UP FOR CONSIDERATION FOR APPROPRIATION IN CONJUNCTION WITH ADOPTION OF THE FY 2019-20 ANNUAL BUDGET

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BACKGROUND

Background

Session Law 2015-277 requires local governments to issue notice and hold a public hearing prior to approval of any appropriation for economic development pursuant to NCGS 158, Article 1.  Previously, such hearings were required only when an economic development appropriation was related to real property or to an incentive payment for private businesses.  The statutory changes standardize the treatment of appropriations for economic development by making all appropriations subject to public hearing requirements.

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REQUESTED ACTION

Requested Action

Hold public hearing, pursuant to NCGS 158-7.1, for purposes of receiving input on the proposed allocation of funds for the following Economic Development Grants attached hereto.

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