EXHIBIT 08: SPINDALE SKATE PARK AND PUMP TRACK

With direct access to its historic Main Street and the Thermal Belt Rail Trail, Spindale, the RCTDA, and its partners will establish a regional draw with the development of this compelling new facility.

2.3 FOREST CITY

Forest City boasts of one of the more vibrant historic Main Streets found throughout the state, with its mature tree canopy combined with a robust small business community that provides for a welcoming visitor experience. The 2018 Rutherford Bound Master Plan calls for additional downtown streetscape improvements along Forest City’s Main Street along with new additions along the TBRT, including a proposed farmers market near the Pavilion on Park Square (POPS) outdoor theater.

When completing the TBRT, Forest City utilized RCTDA funds to enhance the old rail line bridge that spans Highway 74. Since then, Forest City has been banking its RCTDA funds with the intent to construct the new farmers market along the TBRT, a project that was recently awarded a $450,000 NC Parks and Recreation Trust Fund grant. In addition to a new farmers market, by 2025, Forest City expects to have made significant enhancements along its portion of the TBRT.

Prior to Rutherford Bound, Forest City constructed the POPS outdoor theater, which represents the type of quality of life investments necessary for Rutherford County to compete for visitors and new jobs and residents.