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County OKs performance agreement with Innavim, votes 4-1
5937307 · October 7, 2025
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Summary
The Rockingham County Board of Commissioners approved a post-performance incentive agreement with Innavim after a public hearing and brief presentation; the agreement returns 40% over five years to the company after investment and tax payments.
The Rockingham County Board of Commissioners voted to approve a performance agreement with Innavim following a public hearing on Oct. 6, 2025.
Under the post-performance agreement described by Carrie Taylor Penix, Innavim will make its investment, list and pay taxes, and then receive a return equal to 40% of qualifying taxes…
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