Notice of Public Hearing to Approve Sale of Camden County Property by Private Negotiation Pursuant to Economic Development Law

The Camden County Board of Commissioners will conduct a public hearing at 7:00 p.m., or as soon thereafter as practical, on May 1, 2023, in the Boardroom of the Camden Public Library to receive public input on the conveyance of a fee simple interest in real property from the County of Camden (The County) to D. T. Read Steel Co., Inc. (The Company) consisting of six point seven two (6.72) acres more or less situate within the Camden Commerce Park, Camden, North Carolina, to exclude any wetlands. The value of the real property to be conveyed is thirty-five thousand dollars ($35,000) per acre.  The proposed consideration will be thirty-five thousand dollars ($35,000) per acre.  The Company contemplates moving its corporate headquarters with the creation of 6-8 administrative full-time jobs and 75-150 seasonal jobs within an average annual payroll of $10 million. Jobs shall be maintained for at least ten (10) years.  The Board of Commissioners intends to approve this conveyance.  This Notice and the contemplated public hearing is in accord with N.C. General Statute 158-7.1 and N.C. General Statute 168-20.1.