Mark Akinosho

Economic development incentive agreements (Projects Sunshine, Volt, Maize)

Up to ~$11 million in city incentive payments over seven years, offset by new tax revenue from a $600 million investment.

Unified Development Ordinance review

Hewitt argues growth raises taxes and school costs faster than the revenue it brings.

affordable housing

This development could help stabilize local housing costs by increasing the overall supply of homes in Sanford.

Rollingdale annexation

Annexation would extend city services and add the property to the city tax base; no immediate cost identified.

Data center moratorium request

The project is tied to anticipated tax revenue, but full public costs and impacts remain unstudied.

Tramway Area Commercial Growth

Commercial expansion grows the tax base but adds traffic near an already busy intersection.

Non-Contiguous Annexation of 29.6 Acres on South Wilmington Street

Not yet determined — annexation would extend city services to the property, with fiscal effects to be examined at the hearing.

Annexation of 27 acres on Carthage Street (Rollingdale Investment, LLC)

The annexed property is expected to generate roughly $1,975 a year in city property tax revenue.

Annexation and industrial rezoning of Hawkins Avenue site

Adds about $756,700 in assessed value to city rolls — roughly $4,200 in annual city tax revenue — plus fire district payment obligations.

Oakden mixed-use gateway development at U.S. 1 and Cullen Road

Public water, sewer and streets would serve the project, and the developer would deed a pump station site to the city.

Oakton Mixed-Use Community on Colon Road

A large new development expands the tax base, though infrastructure demands will follow.

Broadwell development redesign along NC 87

Ali Java Horner Boulevard residential unit

A project of this size could add significant housing and tax value, though specific figures weren't given.

Growth and Quality of Life Concerns

421 North Townhomes design change

Property values and local business revenue could shift as hundreds of new households move into the growing Sanford area.

economic development incentives

Local taxpayers are ponying up $46 million upfront, hoping a billion-dollar industrial facility will eventually pay off through long-term economic growth.

CDBG Grant Amendment for Washington Avenue Neighborhood Revitalization

An additional $4.05 million in state grant funding, not city money.

Relocation of Abandoned Graves at 603 Rod Sullivan Road

The developer is covering relocation costs to Broadway Cemetery, so no cost to taxpayers.

Palomino Townhomes Rezoning to Urban Neighborhood

Private roads must be brought to city standards and accepted for public maintenance if the property is developed.

Tramway Road and US 1 Area Annexations

Annexed properties become part of the city tax base and receive city services.

Project Sunshine economic development incentive

Project Volt economic development incentive

Project Maize economic development incentive

Project Paragon Economic Development Agreement

Annexation of CPW Development Properties LLC tract (~0.94 acres)

Economic development incentive resolution — Project Sol

Annexation of .94 Acres Owned by CPW Development Properties, LLC — Resolution Directing Clerk to Investigate