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HomeMy WebLinkAboutAgenda - 09-29-1999 - 8oORANGE COUNTY BOARD OF COMMISSIONERS Action Agenda Item No. 8 - pr ACTION AGENDA ITEM ABSTRACT Meeting Date: September 21, 1999 SUBJECT: NC Industrial Recruitment Competitive Fund Nomination for Barber and Ross DEPARTMENT: Economic Development Commission PUBLIC HEARING: (Y/N) 1Vo ATTACHMENT(S): INFORMATION CONTACT: Guidelines and Application Dianne Reid TELEPHONE NUMBERS: - -ext. 2325 Hillsborough 732-8181 Chapel Hill 968-4501 Durham 688-7331 Mebane 227-2031 PURPOSE: The North Carolina Department of Commerce is nominating Barber and Ross Company for a $50,000 grant from the North Carolina Industrial Recruitment Competitive Fund. The grant will come from the Department of Commerce, will match the County's Utility Fund Extension grant, and will come through Orange County for disbursement. BACKGROUND: At its September 7, 1999 meeting, the Orange County Board of County Commissioners approved a grant of $50,000 from the Utility Extension Fund for Barber & Ross Company to connect the sanitary waste stream from their renovated facility in the Buckhorn Road Economic Development District to the existing sanitary sewer line located on Route 70, Barber & Ross is applying for a matching grant from the Governor's Industrial Recruitment Competitive Fund in the amount of $50,000. This fund is intended to be used in the form of challenge grants to foster public/private partnerships and must be matched by local units of government. The $50,000 jJtility Fund Extension Grant will be used to supply the match for the Industrial Recruitment Competitive Fund application. In accordance with the guidelines for application for an Industrial Recruitment Grant, the grant will be used for the construction of or improvement to, new or existing publicly owned water, sewer, gas, or electric systems owned and operated by regulated private utility companies. Companies that are awarded funding will receive the funds in four increments as each 25% of the total jobs promised are created. The NC Department of Commerce will issue payments from the fund to the local unit of government, which will then disburse the funds in a timely fashion and in line with the requirements of the Local Government Budget and Fiscal Control Act. FINANCIAL IMPACT: There should be no financial impact to the County as a result of this application; the Board of County Commissioners has already approved the. Utility Extension Fund Grant which will be used to match the Industrial Recruitment Competitive Fund Grant. RECOMMENDATON(S): The Manager recommends that the Board approve and execute the application. 3 ;uideIines for the North Carolina Industrial Recruitment Comvetitiv L In order for a company to be considered for assistance from the NC Industrial Recruitment Competitive Fund, local units of government must have agreed to provide matching financial assistance to the. company. This fund is intended to be used in the form of challenge grants to foster public/private partnerships. 2. Funds will be used as follows: a) for the installation or purchase of new production equipment; the renovation of, improvement to, or repair of existing buildings; or the construction of utility service distribution lines in existing or new buildings; and b) the construction of, or improvement to, new or existing publicly owned water, sewer, gas, or electric systems owned and operated by regulated private utility companies. 3. Each project considered will be assigned to a developer in the Business/Industry Development Division within the N.C. Department of Commerce. That developer will be responsible for the completion of the application form and obtaining signatory commitments from the company and the community seeking the grant. 4. The application will provide data on investment, job creation and weighted hourly average wage for the jobs created. 5. The company will guarantee that new jobs will not be due to the transfer of jobs from existing North Carolina operations. If the company has previously announced the closing of a facility that is still in operation but scheduled to close in the near future, details regarding how these plants are related should be included. 6_ The company will provide information about its environmental history. Industrial Recruitment Competitive Fund money will be released after the N.C. Department of Commerce receives verification from the company that the project has all of its required environmental permits. An endorsement of this project's application by the N.C. Department of Commerce does not override any of this facility's obligations under existing environmental statutes. 7. The application will provide detailed financial data about the company. A Commerce Department Review Comrruttee (made up of the Assistant Secretary of Administration, the Assistant Secretary of Economic Development and the Director of the Commerce Finance Center) will review each application to determine whether the financial strength of the company involved is sufficient to manage the project. 8. The completed application must be submitted to the N.C. Department of Commerce at least 30 days prior to the time a decision is needed. A full application must be submitted and approved prior to a formal project announcement. 4 9. All firms will be evaluated according to the following six measures: local impact, job quality, industry quality, economic impact, environmental impact and fnancial stability. Special considerations may be given to small firms and companies locating in viral areas. 10. Existing North Carolina companies will be considered in the same manner and will have the same access to the funds as new firms. 11. After a favorable review and an approval signature from at least three members of the Commerce Department Review Committee, the Governor will convey the commitment to the company and the community that will benefit. 12. The company must commit to implement the project within 180 days from the date of the Govemor's letter that approves the grant. 13. The N.C. Department of Commerce will obligate these funds in amounts of approximately $1,000 per job. The jobs must be created within three years of the date of the Governor's letter that approves the grant. A Grant Agreement must be signed between the Company and the Department of Commerce before funds are disbursed. 14. Companies that are awarded funding will receive the funds in four increments as each 25 percent of the total jobs promised are created. A company with one plant in North. Carolina must provide the N.C. Department of Commerce with a copy of its Employer's Quarterly Tax and Wage Report (Form NCUI 101), which must be filed with the N.C. Employment Security Commission, A company with multiple plants in North Carolina must provide the N.C. Department of Commerce with a copy of its Multiple Worksite Report (Form BLS 3020), which must be filed with the N_C. Employment Security Commission. The appropriate form will be used to verify job creation over time. An existing North Carolina company that is expanding must provide the N.C. Department of Commerce with a copy of its most recent quarterly N.C. Employment Security Commission report prior to the expansion in addition to quarterly reports thereafter. When job creation is verified, the N.C. Department of Commerce will issue payments from the fund to the local units of government. That unit of government will then disburse the funds in a timely fashion and in line with the requirements of the Local Government Budget and Fiscal Control Act. Revised 6/99 5 GOVERNOR'S INDUSTRIAL RECRUITMENT COMPETITIVE FUND Check-0,~f Sheet for Applications Company Name Barber g Ross Oranap~ (`nunt:y Project Number State Developer Name ,_g~ ~AndrewG Phone Number 919-7~~_a9gg State Developer Signat~e 1 szsu~ ~- Date ~ [Z, ~ t 9 9~ The following information is essential for an application to be considered complete. Only completed applications will be reviewed by the Competitive Fund Committee. A check below indicates that the item is included in the application. ~_ Name of County X Four-Digit SIC Code X Product Description X Value of Company Investment in the Project Over Three Years X Job Creation Over Three Years ~_ Weighted Hourly Average Wage for New Jobs X Company Financial Statements for Previous Three Years X Pro Forma Balance Sheet Showing the Project's Financial Impact X Signatory Statements Regarding Bankruptcies X Environmental Checklist -~ Signature of Company Office on Performance Agreement Once an application is complete, it is sent with the check-off sheet to the Division Director and Commerce Finance Center for evaluation according to the Competitive Fund evaluation system. Authorized Signature Date Authorized Signature Date The application is evaluated The check-off sheet, application and results are sent to the Director of the Business/Industry Development Division: Director's Signature Date Revised 6/99 6 GOVERNOR'S INDUSTRIAI. RECRUITMENT COMPETITIVE FUND Local Go~ernrrient Partrtership Application (To be completed by state developer and local government) 1. Company Name:___ Barber & Ross Orange County 2. Amount Requested: _~50 , n00 3. State Developer: __ Souce W _ Andr .w~ 4. Date: 09/08/99 5. Project Number. 6. County: Wrong . .o in .y 7. New or Expanding Industry: New 8. Four-Digit SIC Code Representing Plant's.Primary Product Line: ~d'~1 (Do not list more than one) 9. Product Description: Windows , Doom, and aacnri atnd~1.L11etoTk 10. Describe Local Financial Involvement In The Project (Infrastructure, Land Acquisition, Building, Capital, Etc.) Itemize.the funds by Source And Use: $50.000 from Utility Extension Fund To aid Barber & Ross in connecting sanitary waste stream from their plant to the existing sanitary sewer line 2 .. Revised 6/99 7 11. Local Government (City or County) To Whom Check Should Be Disbursed: Name: John Link Title: r~n„~tT~a~er Organization: f:rninty of Qrsge Address: P.0. Box 8181 City: Hi l l shnrnunh State: NC Zip: 77278 Phone: 919-732-8181 Fax: 919-644-3008 The following people should sign below: Project Developer/N.C. Department of Commerce Date: Local Government Officials Date Revised 6/991 3 8 Governor's Industrial Recruitment Competitive Fund Company Application (To be completed by company official authorized to assume financial responsibility for employment and investment factors used to justify the Governor's decision.) SECTION I 1. Complete Company Name RarhPr ~,..Roc~ nranIIe Count; , DSA Barbee ~ Ross North Carolina 2. Company's Investment in This Project Within Three Years: Land and Building: ~',1 r5II0, t]i10 Equipment: $,~; 000 Total: ~2 , 0(L., 000 3. Number of Jobs To be Created by This Project Within Three Years: 190 NOTE: The time period for measurement of investment and job creation stares on the date of the Governor's letter that approves the grant. 4. Weighted Average Hourly Wage for All Jobs Created By This Project Within three Years $11.00 NOTE: The wage definition is the one used by the N.C. Employment Security Commission. It includes all cash payments, including bonuses, commissions and incentive earnings. It does not include fringe benefits such as employer provided health insurance and employer-provided pension contributions. The weighted hourly average wage is for all jobs created by this project, including management, support and production jobs. 5. The Competitive Fund money will be used for: Installation or purchase of new equipment. Structural repairs, improvements or renovation of existing buildings to be used for expansion. X Construction of or improvement to new or existing water, sewer, gas or electric utility distribution lines or equipment for existing buildings and/or new buildings. 6. List other states being considered and the incentives they are offering: f;PnT~i a T Mi r___„_I~t~an ~ '~pr-,nE,cca,~ ,_ 4 Revised 6/99 SECTION II 1. Does the facility have a pollution prevention program or recycling policy? x Yes No 2. Will your facility require permits for air emissions? Yes 1Vo 3. Will your facility require permits to discharge wastewater? Yes ~_No 4. Will your facility produce any Resource Conservation and Recovery Act Hazardous Waste? Yes x No 5. If yes, will you be a large, small or exempt facility under RCRA? 6. Within the last two years, have any of your facilities, in North Carolina or elsewhere, received any Notice of Violations for non-compliance with any federal or state environmental regulations Yes ~_ No 7. If yes, please list any fines in excess of $10,0(X): 8. Within the last two years, has your company or any of its officers agents or employees , been convicted of criminal actions with respect to non-compliance with environmental regulations? Yes X No 9. If yes, please explain: 10. I understand that endorsement of this project's application by the N.C. Department of Commerce does not ovemde any of this facility's obligations under existing environmental statutes_ X. Yes No 11 _ Has any facility owned or operated by you in the state of North Carolina had a permanent layoff in excess of 100 employees in the last (12) twelve months? Yes _~ No 12. Has any facility owned or operated by you in the state of North Carolina been closed or given notice of closure in the last (12) twelve months? Yes X No 13_ If yes to #11 or #12, please explain: 5 Revised 6/99 10 SECTION III PERFORMANCE AGREEMENT Without this challenge grant from the Competitive Fund, our company would not have been able to site this project in North Carolina. • I understand that no Norih Carolina operation owned by this company or a related company is to curtail operations as a result of this challenge grant. • I understand that grant funds will be released in four increments as each 25 percent of the total jobs promised in Section I, No. 3, of this application is created. • I understand that release of grant funds is contingent on the company providing the N.C. Department of Commerce with copies of the appropriate quarterly N.C. Employment Security Conunission forms described in Fund Guideline No. 14 and on these forms providing verification of job creation. • I understand that release of any grant funds is contingent on the company providing verification that the project has all of its required environmental permits. • I understand that this is a challenge grant and that my company will retain current employment of _~ jobs existing on this date and CREATE A MINIMUM of 120 (goal) jobs within three years from this date (total number of jobs three years from this date will be ~Q~; and to immediately repay the grant if the number of jobs created does not equal 90% of said goal at the end of the third year. • I understand that this is a challenge grant and that my company may be responsible for refunding part or this entire grant if my company's plans change for any reason. I have read and understand the attached guidelines for the Competitive Fund. I certify that all information included on this application is correct to the best of my knowledge. • I have attached all documents described in Section IV. Company Officer. R. Douglas Roland Title: PTP_Rl riPnt Phone Number: ZC13-47g-147n Date: Sept . 8 . 1999 All information in Sections 1, II and III of this application becomes public record once a grant is awarded. 6 Revised 6/99 11 SECTION IV 1 wAtvE~t o~ cox~$rnsAtnY 9UARTERLY ~ NT Il~ISURANCE TAR RECORDS i C iT• ..-~ ADDRESS: PHONE: 3Q3-~7A-1A70 FEDERAL ?AX IDENT1FiCATION ~ 53-003SBOQ U11~1V4PIAYMENT IKS~JRANCB ACCOUNT ~ nnn~s~2 WAIVIIt I hsr+~by ~+rrivc tbt rl~it to tatiry. asjood in N.~G S 96-~(r~ jor6ijonnatlon casstai~ed Ise edit abase 's 4raancrh- wieipploy+rrsrt iRrwnRCS rar r,~cor~i as JFlyd wrdi tJea Norrh Car~o~iima Farp(oyxte~tt S~euriey Contracsdarr and a~rtko~rire slie Nosh CaroWia Atpartnrent of Conaircrcc to rge such i~»r:xrttian st pubtlc retard OF C'~3~ OR trl~'.R OFF4CIAL Revieod N99 12 SFL"T~QN V i PLea~ sotwn[t ebe tla0ewia~ ~ with >~r apldlatloa-: 1- 17itvo yeaas of tioe~l :t~aztaw. (If t6s Fnn bas bean in a:4ttet+ce fa lest thaw dune S"cu'a. e~loee all fmapcid stat~ttawc.) ~. Pro forma balance ~ shoa-ing t!u fi~dd impact of the P~~ ~ by ~ N.C. Departateat of 3. Sipatos~- s4ocatcats to wLetita ~- naaobet of a~,pterat or any principal has bees iawlwd In a fmgm4iai morptttatiaa a 6t~nTarnpccy. or otbec siatation tDU led to losses by ert:ditosa. bdnd bays, or W env~atar lawmits slkgigs fraud or ittrp~peiay. t 4. 'i3ee Wdvex of C:oafu~otttiality Qty ~PIoY~+t Lmttaaoe lax Recozds. s_ ~e iafot~don regvimd ua secaoo lV a~lrtxt~sin cotttfdaatia! as attlmed is the N_C Garrrat Staatee I321~2 if the caapaay iadiedes its is coafideatial ai the titae of is ietibal dissloatva: to tbp N,C. Dq~atttttseaR of C.ot~aare. Pbasc sip below if you want the iufoltiOtatiOt~ yaa ~~ a ~ILbS~ttilt$ IZi SaCllOtl ~ LO t!a kGQ[ GOO~fiil. $1~OatatO- ~1t~C: Prw~~~tt `~ l . IMtc' SwY -1 ~,~~A.1 8 Rtrited bJ99 TUTAL P.03 TOTAL P.03