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Council approves 30-year PILOT for Project Red (Bomag expansion); Project Mega Cable taken up for first reading
Summary
Fairfield County Council approved a 30‑year fee‑in‑lieu (PILOT) agreement and land purchase for Project Red — identified in the meeting as Bomag Americas Inc. and Fiat Distribution Center LLC — after staff presented projected investment and jobs figures and the council approved a motion substituting the project name.
At third and final reading the council adopted an ordinance authorizing a fee‑in‑lieu of ad valorem taxes and related purchase and sale agreements for an economic-development project described in the ordinance as Project Red. During the meeting a council member moved to amend the ordinance and substitute the name “Bomag Americas Inc and Fiat Distribution Center LLC” as the specific economic development project; the motion was seconded and carried by voice vote.
Economic development staff summarized Project Red as a three‑phase expansion by an existing county manufacturer located at…
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