Randolph County Commissioners
Special Meeting – May 5, 2003
Chairman Kemp called the meeting to order and welcomed those present.
Mayor Jarrell explained the purpose of the meeting and opened the public hearing on behalf of the City.
Chairman Kemp opened the public hearing on behalf of the County and called on Bonnie Renfro, Director of the Randolph County Economic Development Corporation, for comments.
Ms. Renfro provided the following information about Energizer Battery Manufacturing, Inc. (EBMI) and the proposed project:
Commissioner Frye asked Ms. Renfro if the company had agreed to the terms of the performance requirements, and she said that they had.
Chairman Kemp opened the floor for comments from the public.
Bob Crumley, Asheboro, stated that he supports the use of local government funds for economic development projects, but he has some reservations about this project. He questioned whether the 65 jobs to be created with this project would be net new jobs or just used to regain some of the 112 jobs previously lost. He said that 75% of new jobs are created by companies with fewer than 500 employees and that small businesses in Randolph County should be receiving assistance from the County and City. He added that the County and City should set up a small business development fund, administered through the Small Business Center at Randolph Community College, to help small businesses with expansion projects. He also stated that the County and City should require bids for the EBMI project to be awarded to Randolph County vendors.
Jim Culberson, retired banker from Asheboro, stated that EBMI has been a great corporate citizen and that he supports this project.
Skip Sant, EBMI Plant 1 Manager, discussed the company’s investment in this project and said they are competing within their organization (21 manufacturing locations) for expansion dollars.
Jack Marcus, Unilever Plant Manager, voiced his support for this project, stating that Unilever has just completed a similar project with funding assistance from the County and City.
Commissioner Mason entered the meeting at this point and was present for the remainder of the meeting.
Austin Fine, EBMI Plant 2 Manager, stated that their earlier reduction in force of 112 was throughout the entire organization; only 12 were local. He said they had since hired those back, plus 10 more.
Mayor Jarrell closed the public hearing on behalf of the City.
Chairman Kemp closed the public hearing on behalf of the County.
On motion of Baker, seconded by Smith, the City Council unanimously adopted a resolution to enter into an economic development incentives contract with Energizer Battery Manufacturing, Inc.
On motion of Frye, seconded by Holmes, the County Commissioners unanimously adopted the following resolution to enter into an economic development incentives contract with Energizer Battery Manufacturing, Inc.:
WHEREAS, Section 158-7.1 of the North Carolina General Statutes authorizes a county to undertake an economic development project by extending assistance to a company in order to cause the company to locate or expand its operations within the county; and
WHEREAS, the Board of Commissioners of Randolph County has held a public hearing to consider whether to participate in an economic development project that will result in the County of Randolph (the "County"), the City of Asheboro (the "City"), and Energizer Battery Manufacturing, Incorporated (the "Company") entering into an economic development incentives contract whereby the County and the City each contribute six hundred thirty-five thousand dollars ($635,000.00) for a total payment of one million two hundred seventy thousand dollars ($1,270,000.00) to the Company to offset the site and development costs of the expansion of the Company’s existing facilities in the City of Asheboro, Randolph County, North Carolina; and
WHEREAS, upon the completion by the Company of this expansion project, the Company will have generated new value/investment in real and personal property associated with the project in an amount equal to or in excess of eighty million dollars ($80,000,000.00) and created a minimum of sixty-five (65) new jobs in the county and city; and
WHEREAS, this economic development project will stimulate and stabilize the local economy, promote business in the county and city, and result in the creation of a significant number of jobs in the county and city; and
WHEREAS, the County has in its General Fund available revenues sufficient to fund this economic development project;
NOW, THEREFORE, BE IT RESOLVED by the Board of Commissioners of Randolph County, this 5th day of May, 2003, as follows:
Section 1. The County is authorized to expend up to six hundred thirty-five thousand dollars ($635,000.00) of County funds for the Energizer Battery economic development project.
Section 2. In addition to the standard terms found in contracts that the County routinely executes in the ordinary course of business, the economic development incentives contract entered into by and between the County, the City, and the Company must contain the following essential terms and conditions:
Section 3. The County Manager is hereby authorized to execute on behalf of the County of Randolph a contract drafted in accordance with Section 2 of this resolution and any other documents necessary for the implementation of this economic development project.
Chairman Kemp called on Jack Marcus, Plant Manager for Unilever Bestfoods, for a report on their completed economic development project.
Mr. Marcus gave a PowerPoint presentation regarding Unilever and their recent expansion. Under the terms of the incentives contract with the City and County, Unilever was required to invest $5.5 million. They actually invested $8 million. They created 59 new jobs and added $2.8 million to their payroll. Mr. Marcus expressed his appreciation for the financial assistance from the City and the County.
On behalf of the City Council, Mayor Jarrell adjourned the meeting.
On behalf of the County Commissioners, Chairman Kemp adjourned the meeting.