GENERAL ASSEMBLY OF NORTH CAROLINA

SESSION 1989

S	1 

SENATE BILL 1466

Short Title:  Industrial Opportunities, Inc., Funds. 	(Public)
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Sponsors: Senators Carpenter and Hardin.
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Referred to:  Appropriations.
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June 4, 1990

A BILL TO BE ENTITLED
AN ACT TO APPROPRIATE FUNDS TO INDUSTRIAL OPPORTUNITIES, INC., FOR THE CONSTRUCTION OF A NEW METAL BUILDING AND PRODUCTION FACILITY.
Whereas, Industrial Opportunities, Inc., located in Marble, Cherokee County, is the only sheltered workshop which serves the counties of Clay, Cherokee, and Graham; and
Whereas, Industrial Opportunities, Inc., is currently serving 61 adults with disabilities, who work daily to produce goods and services which enter the flow of commerce both inside and outside the State of North Carolina; and
Whereas, Industrial Opportunities, Inc., provides positions for 37 additional adults with disabilities in their catchment areas in Clay, Cherokee, and Graham Counties; and
Whereas, Industrial Opportunities, Inc., wishes to construct a new 7,000 square foot metal building in which it can expand its production operations; and
Whereas, the proposed new building has an estimated construction cost of approximately one hundred seventy-five thousand dollars ($175,000); and
	Whereas, Industrial Opportunities, Inc., will be able to raise all but thirty thousand dollars ($30,000) of the funds necessary for construction of the building by direct contribution from private and other sources; and
Whereas, Industrial Opportunities, Inc., requests that the State of North Carolina appropriate the thirty thousand dollars ($30,000) needed to complete the funding for the construction of the new production facility; Now, therefore,
The General Assembly of North Carolina enacts:
Section 1.  There is appropriated from the General Fund to Industrial Opportunities, Inc., the sum of $30,000 for the 1990-91 fiscal year to assist in the construction of a new 7,000 square foot metal building for the expansion of production operations.
Sec. 2.  This act shall become effective July 1, 1990.