Project St Nick FILOT Agreement Approved

Anderson County approved a fee-in-lieu agreement with Project St Nick. The deal covers about $26.5 million in investment, uses a 30-year FILOT term, and includes special source credits tied to infrastructure costs.

Document date · September 15, 2026

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Scope & details

The full contract record, as filed.

Contract amount

Approximately $26,500,000

Contract type

OTHER

Contract term

30 years

Renewal date

2056-09-15

Renewal

Investment period is 5 years; FILOT term is 30 years; special source credits run for 15 years with yearly increments of 80% in years 1-5 and 35% in years 6-15. Clawback applies if the minimum investment is not met.

Document type

Agenda

Source document

Anderson County Agenda 2026-09-15

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the government contract by Anderson County?

Project St Nick was awarded this government contract by Anderson County, as recorded on September 15, 2026. The contract value is Approximately $26,500,000.

How much is the Project St Nick contract with Anderson County worth?

The Project St Nick contract with Anderson County is valued at Approximately $26,500,000.

What type of contract is this?

This is a government contract, documented as a agenda record.

Where was this contract approved?

This contract appears in Anderson County Agenda 2026-09-15 (Agenda), dated September 15, 2026 from Anderson County. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Project St Nick hold?

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

View Project St Nick's profile

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