City of Burlington Agenda City Council Meeting 2026-05-05
City Enters Economic Development Agreement With NCDOT
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Description
The City of Burlington approved participation in State Economic Development Agreement ID #13503 with NCDOT, enabling reimbursement for $1,077,500 in qualifying incentive payments to Project Titan. The agreement formalizes state reimbursement of City disbursements.
Contract Details
Vendor
NCDOT
Agency
Burlington Housing Authority, NC
Contract Type
FINANCIAL_SERVICES
Document Date
May 5, 2026
Renewal Info
Agreement provides for reimbursement of qualifying expenses; no explicit renewal or extension terms noted.
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