County to authorize FILOT agreement with Project Cruiser
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Description
Cherokee County is moving to authorize a Fee in Lieu of Tax Agreement with Project Cruiser, a Delaware LLC, to support a new economic development project. The agreement will provide negotiated tax payments and special source credits in lieu of standard ad valorem taxes.
Contract Details
Vendor
PROJECT CRUISER
Agency
Cherokee County, SC
Contract Type
FINANCIAL_SERVICES
Document Date
May 4, 2026
Renewal Info
Initial approval of a FILOT agreement; renewal or extension options are not discussed in the agenda.
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