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, which represents the city’s share of an $ 18 million project that will create at least 235 jobs in the building materials industry 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 jobs created as a result of the project will be at least $ 50,720.
According to the job creation schedule, the first two jobs generated by the company should be in 2021. 28 additional jobs will be created in 2022, 98 jobs in 2023 and 107 jobs in 2024.
In return for the incentives, the company has agreed to create and maintain 235 new full-time jobs until June 30, 2027. The funds will not be released until the company has made its first effective payment of property taxes to 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 in an official announcement expected to take place in the coming weeks.
In a related action, the council will investigate a petition from Lee Iron & Metal LLC for a non-contiguous annexation by the city of a 46.9 acre parcel of land owned by the company at 1600 Colon Road. The owner wishes to extend the sewer service to the property as part of an economic development project.
The board will also investigate a second annexation request, which is 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.
Members of City Council received a $ 25,000 donation in the city’s budget from the Lee County Farm Bureau for the Pilgrim’s of Sanford Agricultural Marketplace. 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., Pilgrim’s of Sanford Agricultural Marketplace will serve as a farmers’ market where the community can access affordable, fresh and local food.
In anticipation of the start of the holiday season, council approved the temporary closure of certain streets in the city on Sunday, December 5 for the fireworks that will follow the lighting of the Christmas tree. Closures 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.