Fee in lieu of tax agreementpending
chester-county-council-meeting-agenda-september-2-2025_ccc.pdf
Chester Asphalt Terminal LLC To Get Tax Incentives
$22,050,000Chester CountyCHESTER ASPHALT TERMINAL LLCSeptember 2, 2025
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Description
Chester County approves a Fee in Lieu of Tax and Special Source Revenue Credit Agreement with Chester Asphalt Terminal LLC. The Company expects to invest approximately $22,050,000 in taxable property.
Contract Details
Contract Amount
$22,050,000
Vendor
CHESTER ASPHALT TERMINAL LLC
Agency
Chester County, SC
Contract Type
Fee in lieu of tax agreement
Document Date
September 2, 2025
Contract Term
30 years
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Related Contracts
Chester County Council Meeting Agenda October 2025
APPROVEDChester County (South Carolina)October 6, 2025
Chester County Council Meeting Agenda September 2025
APPROVEDChester County (South Carolina)Approximately $22,050,000 investment (FILOT, no direct expenditure); administrative expense reimbursement up to $5,000, and annual $750 maximum for out-of-pocket reporting complianceSeptember 15, 2025
Chester County Council Meeting Agenda September 2025
APPROVEDChester County (South Carolina)Approximately $22,050,000 investment (FILOT arrangements)September 15, 2025
Chester County Council Meeting Agenda September 2025
ONGOINGChester County (South Carolina)Approximately $22,050,000 investment (FILOT, no direct expenditure); administrative expense reimbursement up to $5,000, and annual $750 maximum for out-of-pocket reporting complianceSeptember 15, 2025
chester-county-council-meeting-agenda-september-15-2025_72b.pdf
approvedChester County (South Carolina)$22,050,000.00September 15, 2025
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