Guilford County
File #: 2021-478    Version: 1 Name:
Type: Public Hearing Status: Passed
File created: 12/2/2021 In control: Board of Commissioners
On agenda: 12/16/2021 Final action: 12/16/2021
Title: PUBLIC HEARING ON ECONOMIC DEVELOPMENT INCENTIVE GRANT TO PIEDMONT TRIAD AIRPORT AUTHORITY (PTAA)
Date Ver.Action ByActionResultAction DetailsMeeting DetailsVideo
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TITLE

Title

PUBLIC HEARING ON ECONOMIC DEVELOPMENT INCENTIVE GRANT TO PIEDMONT TRIAD AIRPORT AUTHORITY (PTAA)

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SPONSOR

Sponsor

Brent Christensen, Greensboro Chamber of Commerce

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BACKGROUND

Background

Pursuant to N.C.G.S 158-7.1, the Guilford County Board of Commissioners is requested to hold a public hearing to receive public input on a proposed economic incentive grant in the amount of $2 million to Piedmont Triad Airport Authority (PTAA) for infrastructure costs related to economic development.

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REQUESTED ACTION

Requested Action

Pursuant to N.C.G.S 158-7.1, conduct a public hearing and approve an economic development incentive grant to Piedmont Triad Airport Authority (PTAA) in the amount of $2 million to support infrastructure costs related to economic development.  Upon approval, direct staff to take all necessary actions to execute the incentive grant agreement and appropriate General Fund, fund balance, in the amount of $2 million to the Economic Development & Assistance budget.

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