LEE COUNTY ECONOMIC DEVELOPMENT CORPORATION Southern Base of the Research Triangle Region NEWS RELEASE FOR IMMEDIATE RELEASE Thursday, February 21, 2002 Contacts: Bob Heuts, Director Jane Haber, Administrative Assistant 919-774-8439 (phone) 919-775-5410 (fax) info@lcedc.com (e-mail) http://www.lcedc.com/media/ (media web) LEE COUNTY RECEIVES GRANT MONEY TO HELP CERTIFY INDUSTRIAL SITE SANFORD -- The ongoing effort to attract industry to Lee County got a boost today (Feb. 21), when local economic development officials received a $4,500 check to help certify an industrial site in south Sanford. The award was part of a larger grant by GoldenLEAF, a Rocky Mount- based foundation promoting economic advancement, to create jobs and enhance economic opportunity in rural counties. The foundation awarded $45,000 to the Research Triangle Regional Partnership, which used the money to support specific projects in each of 10 rural counties in its jurisdiction. Lee County's portion will help pay for the recent project to certify the SouthPark industrial site, a mixed-use commercial development on Highway 87. When finished, SouthPark will mix retail stores, restaurants and entertainment attractions with light-industrial plants on a 300-acre site near an intersection with the planned U.S. Highway 421 Sanford bypass. Among other things, the certification process includes conducting an environmental survey, developing topographic maps, outlining the terms of sale and documenting a substantial array of site specifications. Once completed, compiled and reviewed, the industrial site is certified by the North Carolina Department of Commerce. While the effort takes plenty of time and money -- often from $6,000 to several times that amount -- certification makes the site much more attractive to companies wanting to expand or relocate. "Essentially, it tells a client that the site meets certain criteria," said Bob Heuts, director of the Lee County Economic Development Corp. "But there are other benefits. It helps speed-up the process of finding a site, makes it easier to promote the site and helps us from being eliminated from consideration when companies look in this region." Because many companies restrict their search only to certified sites, Heuts said, it's important for communities to have some available. Mark Sorrells, vice president of programs for GoldenLEAF, presented the check to Tommy Mann Jr., president of the Lee County Economic Development Corp., in a brief ceremony at the corporation office in downtown Sanford. Also participating in the presentation was Charles A. Hayes, president and chief executive officer of the Research Triangle Regional Partnership. Sorrells said GoldenLEAF was established by the State of North Carolina to fund a variety of economic advancement projects, most designed to promote economic vitality in regions once dependent on growing tobacco. About 40 percent of the foundation's funding, he said, helps farmers pursue alternative crops and maximize the income received from what they grow. Other funding supports educational programs -- including academic scholarships -- or other forms of economic assistance. With SouthPark now certified, local officials are turning their attention north to the Lee County Industrial Park, located off U.S. Highway 15-501 and Deep River Road. Planned expansion would add even more industrial space along U.S. Highway 1 up to Colon Road -- the next Lee County site slated for certification. The Lee County Economic Development Corp. is a nonprofit organization established to attract industry, enhance job opportunities and promote sound planning across Lee County. Funding is provided by the county, as well as the City of Sanford and Town of Broadway, the two county municipalities. -- 30 --