Iredell commissioners approve $985K tax incentive for industry expansion

Posted at 8:32 PM on Feb 8, 2019



The Iredell County Board of Commissioners has approved an incentive package for an existing business planning to create 141 new full-time jobs during the next six years.

The jobs would pay an average annual salary of $48,000.

Commissioners conducted a public hearing for "Project Blue Ribbon" on Tuesday evening before approving a motion that will offer the business a $985,000 tax incentive based on the company’s investment of $47.5 million in Iredell County over a six-year period.

The economic development incentive is contingent upon a contract being executed in 180 days.

Iredell County Economic Development Corporation representative Chris Younger said the business’ identity will be disclosed at a later time.

The company plans on constructing 50,000-square- foot addition to its existing building to house a new production line; an additional production line will be added to the existing part of the facility.

In other actions, commissioners scheduled a public hearing for Feb. 19 in regard to a zoning and subdivision request by Stony Bridge Properties, LLC to release 4.11 acres of a 25.8-acre tract to the Town of Mooresville.

The property, located at Cornelius Road near the intersection of Exmore Road in Mooresville, is currently vacant. The parcel will be joined to other parcels already within the town’s jurisdiction.

Commissioners also approved a request from 911 Emergency Communications request regarding a Memorandum of Agreement with Carteret County to serve as an inland backup for that county's 911 communications center.

This partnership was established last year during Hurricane Florence. 

Iredell County 911 Director Candy Strezenski said during the pre-agenda meeting that Carteret County does have a backup center locally. Iredell County would serve as backup for any kind of major incident or large-scale disasters.

In the event that Carteret’s 911 center is compromised or goes down, VIPER (Voice Interoperability Plan for Emergency Responders) radio communication system has agreed to open up communication between the two groups when needed, Strezenski said.

VIPER helps dispatchers communicate directly with each other from their consoles.

County Manager’s Report

Property owners in Iredell County received their property reappraisal notice this week.

County Manager Beth Jones reminded the public that appeals must be filed within 30 days of the notice.

The tax accessor’s office can answer questions. Jones asked the public to be patient with the tax accessor’s office as they are receiving a high volume of calls as other residents call in with questions.

Visit for more information.


Join the VIP Readers' Club!

Creating an account entitles you to the following perks:

Already a member?


Subscribe to SVL Free News Email Alerts

* indicates required