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the Bryton Project

NOTICE IS HEREBY GIVEN
that Mecklenburg County intends to enter into an agreement with the Town of Huntersville, American Asset Corporation (or with one or more of its related entities), and Rhein Medall Communities (or one of its related entities) to finance the relocation of a section of an existing Norfolk Southern railroad track, widen a section of Highway 115 and make improvements to or extensions of public roadways to encourage development of the Bryton Project. Total debt financing for the Project is currently estimated to be $33,705,000 and will be financed using Certificates of Participation issued pursuant to G.S. 160A-20.
 
Pursuant to G.S. § 158-7.1 the Mecklenburg Board of County Commissioners will conduct a public hearing on May 1, 2007 at 6:30 p.m. as the continuation of a public hearing that started on April 17, 2007. The meeting will be held in the Meeting Chamber located within the Charlotte-Mecklenburg Government Center (600 East Fourth Street, Charlotte N.C. 28202). The purpose of the meeting is to receive comments in connection with the debt financing plan to construct street improvements and to relocate the railroad tracks.
 

INFORMATION AVAILABLE TO THE PUBLIC
A detailed public information package is available. The information package contains the following:
 
 1) 5080_ex cond plan_03-22-07  A plan of the property showing existing conditions;
A proposed development plan showing the proposed improvements as well as the location of the relocated railroad track and relocated or reconfigured roads;

3) Propose Development Agreement  The proposed Development Agreement by and among Mecklenburg County, the Town of Huntersville, American Asset Corporation and Rhein Medall Communities; and,
 
4)  Proposed Interlocal Agreement  The proposed Interlocal Agreement by and between Mecklenburg County and the Town of Huntersville.
 
In addition, the public information package is available for inspection and copying at the Mecklenburg County Clerk's Office (located at 600 East Fourth Street, 11th Floor, Charlotte, N.C. 28202).
 
Anyone needing special accommodations when attending this meeting and/or if this information is needed in an alternative format because of a disability; contact the Clerk to the Board at least seventy two (72) hours prior to the meeting at (704) 336-2659 or at the address noted above.

Janice S. Paige
Clerk to the Board
Mecklenburg County Board of Commissioners


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