The Board’s Economic Development Committee met April 2 for the first time since it was reactivated by the full Board of County Commissioners. Commissioners Fuller, Bentley, Clarke and Rittenhour are members with Fuller being chairman.
Economic Development Director John Allen briefed the committee on what had been its function. Allen says he will be bringing requests from partners to support business investment grants for businesses that want to move to Mecklenburg County or expand existing operations. He says nine out of ten requests come through the Charlotte Chamber of Commerce from the State of North Carolina. A request to consider a tax incentive grant typically comes before the County after a company has narrowed its choices for a location down to three or four. Then incentives are developed and presented to the company and the company makes its choice about whether to relocate to Mecklenburg County.
The Committee will be considering a formal charge that it will recommend to the full board at a later date. When the committee operated jointly with Charlotte in 1995 its charge was as follows: The committee is established to determine the appropriate use of state and local funds for individual Mecklenburg County projects; and to make recommendations to the Board of Commissioners and the City Council for appropriate action to enhance economic development in Mecklenburg County and the City of Charlotte.
John Allen suggested that he invite representatives from the Chamber and the Charlotte Economic Development Committee to come to a future meeting of this committee to give members a better feel for its role.
Committee will meet every first Tuesday at 3:30 but has a special meeting set for April 16 at 4:00 in Room 1186 of the CMGC to go into closed session for the purpose of considering two items related to Business Location and Expansion.