NOTICE OF PUBLIC HEARING
CONCERNING APPROVAL OF AN ECONOMIC DEVELOPMENT AGREEMENT FOR LOCAL DEVELOPMENT AND ECONOMIC DEVELOPMENT ACTIVITIES
PURSUANT TO N.C.G.S. SECTION 158-7.1
TAKE NOTICE, that the Haywood County Board of Commissioners (“the County Commissioners”) will conduct a public hearing at its regular meeting at 9:00 am on Monday, April 01, 2024 in the Historic Courtroom of the Haywood County Historic Courthouse located at 215 North Main Street, Waynesville, N.C. 28786.
The purpose of the hearing is to consider a proposed Economic Development Agreement with Premier Magnesia to approve the award of incentives for economic development purposes by helping stimulate the local economy, provide new taxable capital investment and maintain jobs.
Due to the closure of the Pactiv Evergreen mill last year, rail service to Premier Magnesia has been significantly impacted. Rail service has been reduced from twice per day seven days a week to once per day five days a week.
Premier Magnesia plans to expand off-loading rail car capabilities at Commerce Street in Waynesville, N.C. by investing $1.4 million to lower their cost of production and maintain current employment levels.
The County received a $4 million economic development grant from the N.C. General Assembly to aid in the recovery from the Pactiv Evergreen mill closure. No County funds will be used for the incentive.
Persons wishing to be heard at the public hearing are asked to be present. The County Commissioners may adopt reasonable rules governing the conduct of the hearing including (i) fixing the maximum time allotted to each speaker, (ii) providing for the designation of a spokesman for groups of persons supporting or opposing the same position, (iii) providing for the selection of delegates from groups of persons supporting or opposing the same position when the number of persons wishing to attend the hearing exceeds the capacity of the Historic Courtroom, and (iv) providing for the maintenance of order and decorum in the conduct of the hearing.
This the 18th day of March, 2024
s/Bryant E. Morehead
Bryant E. Morehead, Haywood County Manager
Publish Wednesday, March 20, 2024 in The Mountaineer