Town of Morrisville - Economic Development Incentive Policy
Notice is hereby given that the Morrisville Town Council will hold a public hearing to consider adoption of the Town of Morrisville Economic Development Incentive Policy (Version 2).
Public Hearing Details
Date: May 12, 2026
Time: 6:00 pm
Location: 100 Town Hall Drive, Morrisville, NC 27560
The proposed policy framework establishes guidelines for the Town to evaluate performance-based economic development incentives aimed at expanding and diversifying the tax base, promoting private investment, supporting the creation and retention of quality jobs, and ensuring alignment with the Town's economic objectives as outlined in the Town of Morrisville Economic Development Strategy (2023). This framework further emphasizes accountability through clearly defined performance measures. It details eligibility requirements, evaluation factors, and overarching parameters for incentive agreements.
The proposed Economic Development Incentive Policy (Version 2) will be available as part of the Town Council agenda packet to be posted on the Town's website at www.morrisvillenc.gov no later than the Friday prior to the meeting (May 8, 2026).
At the public hearing, everyone present will have the opportunity to share their opinions with the Council in person for up to 3 minutes at the podium.
IPL0336496
May 1 2026