housing-authority-of-newberry-agenda-2025-05-07_d90.pdf

Newberry County is set to negotiate a fee in lieu of tax agreement with Newberry PV1, LLC, projected to invest $89 million over five years in establishing a manufacturing facility. The agreement aims to offer tax incentives to encourage Newberry PV1, LLC, on its own or together with one or more of its subsidiaries, affiliates, successors, assigns, sponsors, lessors, and others (collectively, the “Company”), desires to invest capital in the County in order to establish a manufacturing facility in the County.