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<br />REPORT OF THE MOORESVILLE ECONOMIC DEVELOPMENT <br />COMMISSION CONCERNING THE PROPOSED <br />CONSTRUCTION AND LEASING OF ECONOMIC <br />DEVELOPMENT FACILITIES TO NICE-PAX <br />PRODUCTS, INC. <br /> <br />The Mooresville Economic Development Commission propos~. <br />to construct economic development facilities and lease them to <br />Nice-Pak Products, Inc. Such facilities will consist of a Cuckler <br />clear span metal building of approximately 60,000 square feet to <br /> <br />be used for the manufacture and storage of unit packages and offices <br /> <br />to be located on a site of approximately thirty-two (32) acres at <br /> <br /> <br />the northeast corner of the intersection of Indianapolis Road and <br /> <br />~ <br /> <br />Old Highway No. 67. The site is presently adjacent to the Town of <br />Mooresville. The total project cost of such facilities is presently <br />estimated to be approximately $1,000,000. <br />Financing and construction of the proposed facilities <br />will not make necessary or desirable the financing or construction <br />of any public services or facilities by the Town of Mooresville or <br />any other municipality. A driveway across the Penn Central Rail- <br /> <br />road tracks will be included in the project. <br />The initial full operation of the proposed facilities will <br />create approximately fifty (50) jobs with an estimated payroll of <br />Four Hundred Thousand Dollars ($400,000). <br />This report is adopted to comply with I.C. 1971, 18-6-4.5 <br />and to induce Nice-pak Products, Inc. to operate the facility in <br />the Town of Mooresville, in order to provide more employment oppor- <br /> <br />tunities and diversification of industry. <br />