By Richard Sullins | [email protected]
Sanford City Council on Tuesday approved the release of an incentive grant of up to $224,828 for Project Frame, representing the city’s share of an $18 million project that will create at least 235 jobs in the construction industry. building materials over the next four years.
The project will consist of the construction of a new manufacturing plant and the purchase of new machinery and equipment to be installed on the property. The average annual salary for the jobs that will be created through the project will be at least $50,720.
According to the job creation schedule, the first two jobs generated by the company must be in 2021. An additional 28 jobs will be created in 2022, 98 jobs in 2023 and 107 jobs in 2024.
In exchange for the incentives, the company has agreed to create and maintain 235 new full-time jobs through June 30, 2027. Funds will not be released until the company has made its first actual tax payment. land in the city.
“Project Frame” is the code name assigned to the project by the North Carolina Department of Commerce during the recruiting and negotiation phase of the process. The name of the company will be revealed during an official announcement which should take place in the coming weeks.
In a related action, the council will investigate a petition by Lee Iron & Metal LLC for a non-contiguous annexation by the city of 46.9 acres of company-owned land at 1600 Colon Road. The owner wishes to extend sewer service to the property as part of an economic development project.
The board will also be investigating a second annexation petition, this being a contiguous 43.13-acre annexation owned by Truesdale Capital LLC and Racoon Path Holdings LLC. The property, located west of Hawkins Avenue and Beechtree Drive, is to be developed for multi-family and commercial purposes.
City council members received a $25,000 donation from the Lee County Agricultural Bureau in the city budget for the Sanford Pilgrim Farmer’s Market. The donation will be used to help revitalize the former location of King Roofing, Heating, and Air, a building now owned by the city. In partnership with the NC Cooperative Extension, the City of Sanford and Downtown Sanford Inc., the Pilgrim’s of Sanford Agricultural Marketplace will serve as a farmer’s market where the community can access fresh, local and affordable food.
In anticipation of the start of the holiday season, council approved the temporary closure of certain city streets on Sunday, December 5 for the fireworks display that will follow the lighting of the Christmas tree. The closings will be from 6 a.m. to 8:30 p.m. on Second Street at the intersections of Maple, Fulton and Hickory, and on Market Street at the intersections of Maple and Hickory.