town-of-calhoun-falls-meeting-minutes-2024-12-09_d9e.pdf
Council Amends Fee-in-Lieu of Tax Agreement with Alpek Polyester
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Description
Calhoun County Council approved an amendment with Alpek Polyester USA LLC, extending the investment period in its Fee-in-Lieu of Taxes and Incentive Agreement and waiving certain investment limitations. The amendment was approved unanimously under Resolution 13-2024.
Contract Details
Vendor
ALPEK POLYESTER USA LLC DBA DAK AMERICAS LLC
Agency
Town of Calhoun Falls, SC
Contract Type
FINANCIAL_SERVICES
Document Date
December 9, 2024
Contract Term
originally dated December 12, 2016, amended as of March 14, 2022, extended investment period per 2024 amendment
Renewal Info
Second amendment to original agreement; investment period extended; prior amendment in 2022; waivers added for 2011 agreement.
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