City of Fayetteville
File #: 24-3973    Version: 1 Name:
Type: Other Items of Business Status: Agenda Ready
File created: 4/10/2024 In control: City Council Regular Meeting
On agenda: 4/22/2024 Final action:
Title: Authorization to Apply for North Carolina Department of Commerce Rural Economic Development Grant for Phillip's Towing Services, Inc.
Attachments: 1. Phillps Towing Service Inc Resolution
Date Ver.Action ByActionResultAction DetailsMeeting DetailsVideo
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TO: Mayor and Members of City Council

THRU: Kelly Olivera - Assistant City Manager

FROM: Christopher Cauley, MPA - Economic & Community Development Director
Derrick McArthur, - Economic Development Manager, Economic & Community Development

DATE: April 22, 2024

RE:
Title
Authorization to Apply for North Carolina Department of Commerce Rural Economic Development Grant for Phillip's Towing Services, Inc.
end

COUNCIL DISTRICT(S):
Council District(s)
District 2 Malik Davis


b
Relationship To Strategic Plan:
Strategic Operating Plan FY 2022- 2026
Goal II: Responsive City Government Supporting a Diverse and Viable Economy
* 2.2: To invest in community places to ensure revitalization and increase quality of life
Goal VI: Collaborative citizen and Business Engagement
* 6.2: To ensure trust and confidence in City government through transparency and high quality customer service
* 6.3: To inform and educate about local government by enhancing public outreach and increasing community dialog, collaboration and empowerment


Executive Summary:
The Fayetteville-Cumberland Economic Development Corporation is assisting Phillip's Towing Services, Inc. (through Phillip's Leasing Systems, LLC), with a substantial rehabilitation of an existing commercial facility. This effort qualifies under the Rural Economic Development Grant from the North Carolina Department of Commerce (NCDOC). The grant application requires a supporting resolution from the local government and authorization for signature of the Mayor or City Manager. Council is asked to adopt the attached resolution and authorize the Mayor and City Manager to sign the grant application.

Background:
The Building Reuse Program, under the Rural Grants/Programs Section of the NC DOC, provides grants to local governments. Three categories of funding are available for 1) the renovation of vacant buildings, 2) the renovation or expansion of a building occupied by an existing North Carolina company wish...

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