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Tax Agreementapproved

town-of-jenkinsvillemeeting-minutes2025-03-10_4ff.pdf

Fairfield County approves tax deal for Project Red

$13,700,000Town of JenkinsvillePROJECT REDMarch 10, 2025

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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

Fairfield County Council has committed to negotiating a Fee-In-Lieu of Ad Valorem Taxes Agreement with Project Red, anticipating a $13.7 million investment in taxable and real property, leading to the creation of approximately 75 full-time jobs. The resolution identifies the project and other related matters, aiming to foster economic incentives and growth in the county.

Contract Details

Contract Amount

$13,700,000

Vendor

PROJECT RED

Agency

Town of Jenkinsville, SC

Contract Type

Tax Agreement

Document Date

March 10, 2025

Contract Term

NA

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