Home / Local Sanford, NC News / Economic incentives draft failed


SANFORD–Lee County Commissioners, by unanimous vote, adopted a resolution Monday afternoon in opposition to Senate Bill 127, voted down an economic incentives guidelines draft, but approved, on a vote of 3-4, changing the distribution method for sales tax revenues. Approval means that the city of Sanford will lose $200,000 from its current budget and Broadway will lose $20,000, a fact that had not been privy to everyone affected.

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