PUBLIC NOTICE The Selma Town Council has scheduled a public hearing on Tuesday, July 8, 2025, at 6:00pm in the Selma Jernigan Building located at 110 E. Anderson Street, to receive public comment on a proposed economic development incentive grant. A company proposes to develop, build and equip a new fast-food restaraunt in Selma. The company has proposed the development in Johnston County in exchange for certain economic incentives in the form of a one time cash grant paid from general Town funds. The Town beleives this project will help stimulate the local economy, result in new taxable capital investments in real and personal property, and the creation by the company of a substancial number of new, permemnent jobs in the County. The Selma Town Council will consider approval of incentives to the company in exchange for the company's commitments to (1) plan, develop and build the facilities; (2) create new, permamnent full-time jobs; and (3) invest in taxable business personal property additions, all of which will return property tax revenues substancially in excess of the Town's investment. The cash grant are contingent upon, among other things, the companys entry into a local economic development agreement with the Town containing the obligations and agreements of the company and the Town. The company must acheive its capital investment and job creation goals plus be current on all County and Municipal tax obligations to receive the proposed grant funding, which is subject to adjustment for partial performance. All interested persons are hereby notified to object or support the proposal. Those who wish to address Council but have concerns with physically attending may email those comments to the Clerk to the Town town-clerk@selma-nc.com. Dalton Larsen-Batten, Town Clerk Selma, NC IPL0248976 Jun 27 2025