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Fairfield County approves fee‑in‑lieu agreement and land sale for 'Project Red'
Summary
Council approved Ordinance No. 842 authorizing a fee‑in‑lieu of taxes agreement and a purchase‑and‑sale with an entity described as Project Red, anticipating a $13.7 million investment and 75 full‑time jobs; vote was 6‑0.
The Fairfield County Council voted unanimously to approve an ordinance authorizing a fee‑in‑lieu‑of‑ad‑valorem‑taxes (FILOT) agreement and a purchase‑and‑sale with an entity identified in the meeting as Project Red.
"What you have before you this evening is ordinance number 842 as the title says," a presenter identified in the meeting as Dr. Robertson read to the council and described the measure as…
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