File #: ID 17-1509    Version: 1 Name: Agreement Amendment for Bonita Packaging Products, Inc., DBA as Bonita Pioneer
Type: Action Item Status: Passed
File created: 11/20/2017 In control: Board of Commissioners
On agenda: 12/4/2017 Final action: 12/4/2017
Title: Agreement Amendment for Bonita Packaging Products, Inc., DBA as Bonita Pioneer
Attachments: 1. EDC Bonita Pioneeer Agreement Amendment.pdf

 

Meeting Date:                     December 4, 2017

 

Title

Agreement Amendment for Bonita Packaging Products, Inc., DBA as Bonita Pioneer

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Summary:

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Bonita Pioneer is concerned that they will not meet the job creation deadline in their agreement with Rutherford County by December 31, 2017 as noted in Section 2. The Economic Development Office recommends that the job creation deadline be extended until September 30, 2018.  A draft agreement is included for the Board’s consideration.  The Company has met and satisfied all the State requirements under the Building Reuse and ONE NC grant guidelines, so it is only the local agreement that would require an amendment.

 

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Budget:

 

N/A

 

Contact Information:

 

Economic Development President Tom Johnson

287-6200

tom.johnson@rutherfordcountync.gov

 

Recommended Motion:

recommended action

 

Approve Agreement Amendment for Bonita Pioneer.