CONTRACTPENDING

Sumter County Approves $65.9M Project Ignis Investment

Sumter County logoSumter County
Disclosed value
$65,900,000
From minutes
Document date
Apr 11, 2023
Term
30 years

The 30-second brief

What it covers

Ordinance approved for Project Ignis, involving a $65.9 million investment in Sumter County, including $36.5 million for new equipment and machinery and $25.3 million for building renovations. The project includes a 30-year Fee-In-Lieu of Ad Valorem Taxes agreement with a 6% assessment ratio and 348.5 fixed millage.

Who holds it

Project Ignis holds this tax incentive contract with Sumter County. Its other public contracts on record include work for City of Sumter and Town of Mayesville.

What happens next

Term as filed: 30 years.

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Contract details

Contract type
Tax Incentive
Amount
$65,900,000
Document date
April 11, 2023
Term
30 years
Source document
sumter-county-council-meeting-minutes-april-11-2023_430.pdf (Minutes)

Project Ignis's other public contracts

More Sumter County contracts

Questions about this contract

Who was awarded the tax incentive contract by Sumter County?

Project Ignis was awarded this tax incentive contract by Sumter County, as recorded on April 11, 2023. The contract value is $65,900,000.

How much is the Project Ignis contract with Sumter County worth?

The Project Ignis contract with Sumter County is valued at $65,900,000, covering tax incentive work.

What type of contract is this?

This is a Tax Incentive contract, documented as a minutes record.

Where was this contract approved?

This contract appears in sumter-county-council-meeting-minutes-april-11-2023_430.pdf (Minutes), dated April 11, 2023 from Sumter County. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Project Ignis hold?

Project Ignis may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

What is Sumter County currently buying?

Explore Sumter County's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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