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FILOT Agreementpending

kershaw-county-council-meeting-agenda-november-14-2023_2d9.pdf

Kershaw County Considers $80M Solar Project with FILOT

$80,000,000Kershaw CountyPROJECT TREENovember 14, 2023

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Description

Kershaw County is considering a Fee-In-Lieu of Ad Valorem Taxes (FILOT) agreement with Project Tree for a utility-scale solar facility. The project involves an investment of approximately $80 million in real and personal property and is anticipated to benefit the County by providing services, employment, and recreation.

Contract Details

Contract Amount

$80,000,000

Vendor

PROJECT TREE

Agency

Kershaw County, SC

Contract Type

FILOT Agreement

Document Date

November 14, 2023

Contract Term

30 years

Renewal Date

NA

Renewal Info

NA

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