#SumterCountyEconomicDevelopment

Citizen Portal News South Carolina

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2 days ago

Sumter County council adopts resolution, advances first reading to negotiate incentives with “Project Peanut” Council unanimously adopted Resolution 25-05 to negotiate a fee-in-lieu agreement with Project Peanut and advanced Ordinance 25-1036 on first reading, authorizing potential infrastructure credits and the sale of about 47 acres in Pocotaligo Industrial Park.

Sumter County Council has taken a bold step towards economic growth by unanimously adopting a resolution to negotiate incentives for the mysterious "Project Peanut," potentially transforming local industry!

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Citizen Portal News South Carolina

@citizenptnewssc.bsky.social

2 days ago

Sumter County approves FILOT for Project White Palmetto; formally identifies Project Kerrigan for negotiation Council granted second reading of an ordinance authorizing a Fee-In-Lieu of Ad Valorem Taxes for Project White Palmetto and unanimously adopted a resolution to negotiate a FILOT for Project Kerrigan, which the county packet estimated could mean about $45 million in investment and roughly six jobs.

Sumter County is paving the way for economic growth with major projects like White Palmetto and Kerrigan, potentially bringing in millions and new jobs!

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Citizen Portal News South Carolina

@citizenptnewssc.bsky.social

2 days ago

Sumter County adopts inducement resolution to negotiate FILOT incentives for 'Project Black Nickel' Council unanimously adopted R‑23‑05 to authorize negotiation of a fee‑in‑lieu‑of‑tax agreement for an unnamed investor called Project Black Nickel; the resolution conditions incentives on a sponsor commitment to at least $150 million in enhanced investment and creation of 125 jobs within an 8‑year investment period.

Sumter County has taken a bold step to boost its economy by adopting an inducement resolution for Project Black Nickel, promising over $150 million in investment and 125 new jobs!

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Citizen Portal News South Carolina

@citizenptnewssc.bsky.social

2 days ago

Sumter County council unanimously adopts resolution to pursue incentives for "Project Ignis" Sumter County Council adopted Resolution R-23-01 identifying 'Project Ignis' for possible fee-in-lieu-of-taxes (FILOT) incentives, outlining proposed 30-year FILOT terms and special source revenue credits; the accompanying ordinance received first reading by title only.

Sumter County is gearing up to boost its economy with Project Ignis, a groundbreaking initiative that could bring substantial tax incentives and benefits to the community!

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Citizen Portal News South Carolina

@citizenptnewssc.bsky.social

1 month ago

Council approves economic development ordinances tied to Project Peanut; company to invest about $38 million, council authorizes fee-in-lieu and purchase-and‑s— Council approved third readings of two ordinances associated with local economic development: a modification to Nova Molecular’s option/ROFR and an agreement (Ordinance 25-1036) approving a fee-in-lieu and purchase-and-sale for a 46.4‑acre site tied to a project the transcript calls 'Project Peanut' and a purchaser identified as George Oates Incorporated; staff cited 47 jobs and a $38 million investment.

Sumter County just greenlit a groundbreaking economic development project, "Project Peanut," promising a $38 million investment and 47 new jobs!

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#SumterCounty #SC #CitizenPortal #JobCreation #SumterCountyEconomicDevelopment #InvestmentStrategy #IndustrialGrowth