Chester PV1, LLC $39M Tax incentive agreement
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Description
Chester County is in contract discussions with Chester PV1, LLC for a fee-in-lieu of ad valorem taxes agreement. The company plans to invest approximately $39,140,000 in taxable property and in return will be awarded a tax assessment ratio for a period of 40 years.
Contract Details
Contract Amount
$39,140,000
Vendor
CHESTER PV1
Agency
Chester County, SC
Contract Type
Fee-in-lieu of ad valorem taxes agreement
Document Date
June 23, 2025
Contract Term
40 years
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