Notice of Public Hearing to Approve Sale of Camden County Property by Private Negotiation Pursuant to Economic Development Law
The Camden County Board of Commissioners will conduct a public hearing at 7:00 p.m., or as soon thereafter as practical, on March 7, 2022, at the Historic Courthouse to receive public input on the conveyance of a fee simple interest in real property from the County of Camden (The County) to BTL Fiber, LLC, (The Company) consisting of two (2) acres more or less situate within the Camden Commerce Park, Camden, North Carolina. The value of the real property to be conveyed is twenty-five thousand dollars ($25,000) per acre. The proposed consideration will be twenty-five thousand dollars ($25,000) per acre. The Company contemplates an investment in Camden County in land, buildings and equipment of $1.5 million within eighteen (18) months of the acquisition of the site and further contemplates an average of annual compensation, excluding benefits, of at least $35,000 and proposes to maintain such investment of up to eight (8) jobs for at least five (5) years. The Board of Commissioners intends to approve this conveyance. This Notice and the contemplated public hearing is in accord with N.C. General Statute 158-7.1 and N.C. General Statute 168-20.1.
Notice of Public Hearing to Approve Sale of Camden County Property by Private Negotiation Pursuant to Economic Development Law
The Camden County Board of Commissioners will conduct a public hearing at 7:00 p.m., or as soon thereafter as practical, on March 7, 2022, at the Historic Courthouse to receive public input on the conveyance of a fee simple interest in real property from the County of Camden (The County) to Southeastern Equipment Corp., (The Company) consisting of four (4) acres more or less situate within the Camden Commerce Park, Camden, North Carolina. The value of the real property to be conveyed is $14,000 ($14,000) per acre as it is not a buildable lot. The proposed consideration will be fourteen thousand dollars ($14,000) per acre. The Company currently owns approximately 16 acres in the Commerce Park and contemplates the creation of five (5) to eight (8) full-time jobs within an average annual compensation, excluding benefits, of at least thirty-five thousand dollars ($35,000.00) and that such jobs shall be maintained for at least ten (10) years. The Board of Commissioners intends to approve this conveyance. This Notice and the contemplated public hearing is in accord with N.C. General Statute 158-7.1 and N.C. General Statute 168-20.1.