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Special Source Credit Agreement Considered for Drayton Townhomes

Cherokee Springs Fire District
Document date
Jul 21, 2025

The 30-second brief

What it covers

Spartanburg County is considering a Special Source Credit Agreement with Drayton Townhomes LLC for a townhome project in the county. The company is expected to invest at least $22.4 million by December 31, 2027, in exchange for infrastructure credits against payments in lieu of taxes.

Who holds it

Drayton Townhomes holds this special source credit agreement contract with Cherokee Springs Fire District. Its other public contracts on record include work for Cherokee County and Spartanburg County.

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Contract details

Contract type
Special Source Credit Agreement
Document date
July 21, 2025
Term
NA
Vendor
Drayton Townhomes
Agency
Cherokee Springs Fire District
Source document
spartanburg-county-council-meeting-agenda-july-21-2025_e2d.pdf (Agenda)

Drayton Townhomes's other public contracts

Cherokee County, South CarolinaDRAYTON TOWNHOMES, LLC Joint County Industrial Park Agreement amendment approved · Nov 3, 2025UndisclosedSpartanburg County, South CarolinaSpartanburg County To provide infrastructure credits to Drayton Townhomes LLC · Sep 15, 2025UndisclosedSpartanburg County, South CarolinaNew Drayton Townhomes, LLC project application · Aug 5, 2025UndisclosedSpartanburg County, South CarolinaSpartanburg County delivers credit agreement to Drayton · Jul 21, 2025UndisclosedSpartanburg County, South CarolinaSpartanburg County Considers Credit Agreement for Townhome Project · Jul 21, 2025UndisclosedAll Drayton Townhomes contractsVendor profile

More Cherokee Springs Fire District contracts

Blue Sky AssociatesApproval sought for Blue Sky Associates RV Park · Aug 5, 2025UndisclosedGray EngineeringGray Engineering provide engineering service for mixed-use development. · Aug 5, 2025UndisclosedBluewater Civil DesignBluewater Civil Design Provides Engineering Services · Aug 5, 2025UndisclosedZf Chassis Systems DuncanZF Chassis Duncan Agreement Under Consideration · Jul 21, 2025UndisclosedPalmetto Group ContractingPalmetto Group awarded $988K Fairforest Road contract · Jul 17, 2025$988.1KAll Cherokee Springs Fire District activityAgency profile

Questions about this contract

Who was awarded the special source credit agreement contract by Cherokee Springs Fire District?

Drayton Townhomes was awarded this special source credit agreement contract by Cherokee Springs Fire District, as recorded on July 21, 2025.

What type of contract is this?

This is a Special Source Credit Agreement contract, documented as a agenda record.

Where was this contract approved?

This contract appears in spartanburg-county-council-meeting-agenda-july-21-2025_e2d.pdf (Agenda), dated July 21, 2025 from Cherokee Springs Fire District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Drayton Townhomes hold?

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

Show 1 more question

What is Cherokee Springs Fire District currently buying?

Explore Cherokee Springs Fire District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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