Town Council 05-19-2026 - Laserfiche WebLink

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2120 Mooresville Lot 8 LLC, Real Property Resolution 25-2023. They estimated an investment of $1,500,000, while the actual investment was $1,500,000. They estimated employment at zero position; the actual employment reached zero positions. Councilman Swinney motioned to find Mooresville Lot 8 LLC in compliance, seconded by Councilman Brown. Motion carried 5-0. MacOwan Real Estate LLC, Real Property Resolution 7-2018. They estimated an investment of $3,000,000, while the actual investment was $2,555,497. They estimated employment at 33 positions, but the actual employment reached 50 positions. Councilman Swinney motioned to find MacOwan Real Estate LLC in compliance, seconded by Councilman Brown. Motion carried 5-0. Sun Polymers International INC, Real Property Resolution 15-2028. They estimated an investment of $1,500,000, while the actual investment was $1,646,307. They estimated employment at 25 positions, but the actual employment reached 44 positions. Councilman Swinney motioned to find Sun Polymers International INC in compliance, seconded by Councilman Brown. Motion carried 5-0. Sun Polymers International, INC, Personal Property Resolution 10-2025. They estimated an investment of $1,770,000, while the actual investment was $532,710. They estimated employment at 98 positions, but the actual employment reached 44 positions. Councilman Swinney motioned to find Sun Polymers Internation in compliance, seconded by Councilman Brown. Motion carried 5-0. Sun Polymers International INC, Real Property Resolution 11-2025. CF -1 was pulled from the agenda. Old Dominion Freight Line, INC, Real Property Resolution 3-2023. They estimated an investment of $20,000,000, while the actual investment was $20,569,389. They estimated employment at 125 positions, but the actual employment reached 79 positions. Councilman Swinney motioned to find Old Dominion Freight Line in compliance, seconded by Councilman Brown. Motion carried 5-0.