NOTICE OF PUBLIC HEARING - TOWN OF DALLAS, NC

NOTICE OF PUBLIC HEARING - TOWN OF DALLAS, NC Pursuant to the provisions of N.C.G.S. 158-7.1 & 160D-1006 Notice is hereby given by the Town of Dallas that the Dallas Board of Aldermen will hold a Public Hearing to consider amending a Development Project Agreement in which was approved April 15th, 2022. The Board of Aldermen intends, subject to public comment at the public hearing for which notice is hereby given, to approve an Amended Development Project Agreement located at 642 W. Carpenter Street, Dallas, NC, subject to restrictions, covenants, and a right of reversion; and apply proceeds from sale to project. Said property is specifically described as: Beginning at a 1" pipe, said pipe being located South 48 degrees 38 minutes 55 seconds West a distance of 1722.13 feet from NC Grid Monument "Hopeman", "Hopeman" being located North 84 degrees 44 minutes 43 seconds West a distance of 2005.39 feet from NC Grid Monument "Dallas"; thence running, adjoining the lands of the Gaston County Board of Education, Gaston County Deed Book 668 Page 438, South 09 degrees 32 minutes 28 seconds East a distance of 386.42 feet to a 1" pipe; thence continuing South 04 degrees 01 minutes 59 seconds East a distance of 299.65 feet to a rebar; thence continuing South 01 degrees 09 minutes 06 seconds West a distance of 224.27 feet to an iron pin set; thence three (3) new lines, dividing the lands of Advantage Investment Group LLC, Gaston County Deed Book 4087 Page 764, as follows: 1) North 51 degrees 29 minutes 34 seconds West a distance of 179.04 feet to an iron pint set; 2) North 58 degrees 40 minutes 41 seconds West a distance of 154.17 feet to an iron pin set; 3) North 29 degrees 17 minutes 47 seconds West a distance of 158.80 feet to a rebar in the right-of-way of US Hwy #321, a control access highway; thence running with said right-of-way the following three (3) courses and distances: 1) North 08 degrees 59 minutes 27 seconds East a distance of 208.07 feet to a right-of-way monument; 2) North 03 degrees 52 minutes 39 seconds East a distance of 193.82 feet to a right-of-way monument; 3) an arc to the right with a radius of 2176.83 an arc length of 192.84, and a chord North 08 degrees 03 minutes 36 seconds East and a distance of 192.77 feet to a rebar; thence running, adjoining the lands of Ingles Markets Inc., Gaston County Deed Book 4297 Page 1969, South 85 degrees 27 minutes 06 seconds East a distance of 197.48 feet to the point and place of beginning. Parcel #212805 Deed Book 4442 Page 783. Copies of the Amended Development Project Agreement can be obtained at Town Hall, located at 210 N Holland St, Dallas, NC 28034. The Board of Aldermen believe the utilities and Amended Development Project Agreement will increase employment and business prospects of the Town and will likely have a significant effect on the revitalization of the Town of Dallas. The Town reserves the right to reject, disapprove, modify, cancel, or amend the proposed loan, and/or Amended Downtown Development Project Agreement. The Town will hold the Public Hearing on Tuesday, October 14, 2025 at 6:00 p.m. in the Historic Courthouse, located at 131 N Gaston Street, Dallas, NC. Any person may be heard regarding the proposed Amended Downtown Development Project Agreement. The Board invites all interested persons to attend and present their views. October 3 2025 LWLM0381306