Economic development incentives items in Town of Holly Springs
11 items. Each one links to the meeting it was on. This is the bottom of every drill-down on this site: whatever a chart says, the items behind it are here to be counted.
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| Subject | Items |
|---|---|
| Economic development incentives | 11 |
| Grants and outside funding | 2 |
| Budget and appropriations | 1 |
| Comprehensive plan | 1 |
| Land conversion and large development | 1 |
| Litigation and settlements | 1 |
| Public facilities | 1 |
| Roads and transportation | 1 |
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At the council's request, economic development staff review the boundary of the Downtown Investment Grant program, benchmark it against other Wake County programs, and lay out what expanding the eligible area would mean. The council is asked whether it wants the boundary changed. Thirty minutes.
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The council discussed the town manager's recommended FY 2026-27 budget. Any council-proposed changes need support from at least three members and, under the state's balanced-budget requirement, must be offset by a cut or new funding source.
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Update to the town's Downtown Investment Grant policy, which funds downtown business improvements.
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Staff give the annual update on the LaunchHOLLYSPRINGS program.Presentation Economic development incentives
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Council considers an economic development agreement with Genentech.Contract or award Economic development incentives
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Council convenes a closed session.Closed session Economic development incentives
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The council met with the town attorney to discuss an economic incentive, a real-property acquisition, and two pending lawsuits against the town, Lamar v. Town of Holly Springs and Greenhawk v. Town of Holly Springs.
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Economic Development staff review current small-business support strategies and recent downtown Holly Springs projects, and ask council for feedback and direction on next steps.Discussion item Economic development incentives
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Economic development agreement and authorization for staff to execute related transactions with Ypsomed Manufacturing.Approved unanimously, both actionsResolution Economic development incentives
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Jacobs Engineering Group, on behalf of Genentech, submitted a Development Plan for a 608,850-square-foot office, manufacturing and warehouse campus on 102 acres at 4001 Friendship Road, part of the Friendship Innovation Park's Research and Manufacturing subarea. The project qualifies for administrative approval under…
- 4001 Friendship Rd · 102 acres · Genentech INC
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A public hearing on an economic development agreement for a Genentech biopharmaceutical manufacturing facility at the Camp Helix site, targeting 420 jobs at an average wage of $119,833 and $700 million in capital investment, backed by an incentive grant capped at $13.74 million over eight years.Approved unanimously, along with authorization for staff to execute related agreements.
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