rockingham-county-board-of-commissioners-agenda-october-6-2025_6a9.pdf
County Weighs Tax-Incentive Deal With Enovum
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Description
Rockingham County is considering a performance agreement with Enovum NC-1 Bidco LLC that would grant the company an incentive equal to 40% of its County property taxes for a defined period. The agreement aims to secure a new project at the former Unifi facility in Madison.
Contract Details
Contract Amount
Grant equal to 40% of County property taxes paid
Vendor
ENOVUM NC-1 BIDCO LLC
Agency
Rockingham County, NC
Contract Type
FINANCIAL_SERVICES
Document Date
October 6, 2025
Contract Term
Defined term per performance agreement (not specified in agenda)
Renewal Info
Performance agreement will run for a defined term as described in the contract; no explicit renewal or extension terms are provided in the agenda.
More from ENOVUM NC-1 BIDCO LLC
Related Contracts
madison_board_of_aldermen_regular_meeting_agenda_n.pdf
APPROVEDtown-of-madison-board-of-aldermen-meeting-agenda-october-9-2025_bab.pdf
PENDINGMore from Rockingham County
rockingham-county-board-of-commissioners-meeting-agenda-november-3-2025_b53.pdf
rockingham-county-board-of-commissioners-agenda-november-3-2025_5e3.pdf
rockingham-county-board-of-commissioners-meeting-agenda-november-3-2025_b53.pdf
rockingham-county-board-of-commissioners-agenda-november-3-2025_5e3.pdf
rockingham-county-board-of-commissioners-meeting-agenda-november-3-2025_b53.pdf
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