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Corso Announces Pending Retirement from Partners in Progress - Vimarsana News

Corso Announces Pending Retirement from Partners in Progress

Pat Corso, Moore County’s lead economic development officer and executive director of Partners in Progress (PIP) since 2011, announced plans Tuesday to retire this spring. PIP is a two-person operation with a big mission. Its purpose is to increase economic prosperity and improve the quality of life for area residents through the creation of quality jobs and capital investment in our communities. Corso announced his pending retirement this May during a virtual meeting of the PIP board of directors on Tuesday morning. “We very much appreciate the effort you’ve put in over the ti...

Moore County to Consider Economic Development Project - Vimarsana News

Moore County to Consider Economic Development Project

County leaders will consider a proposed economic incentive agreement Tuesday with Pinehurst Resort for a project related to the United States Golf Association (USGA) investment in the village. According to the required legal notice for the public hearing, the $16.2 million capital investment that is expected to provide 20 new jobs. The proposed incentive agreement includes 10 years of incentive grants to be calculated as 90 percent of the total property taxes paid above and beyond the current ad valorem tax value, provided Pinehurst Resort meets job creation and capital investment goals. Gran...