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Council approves reinvestment-zone designation to begin process for Royal Oak expansion
Summary
Greenville council voted to approve a reinvestment-zone designation to allow a future tax-abatement request from Royal Oak for a plant expansion; staff said existing improvements would not be abated and the abatement would be advertised before any final vote.
The Greenville City Council unanimously approved a reinvestment-zone designation Aug. 12 to begin the formal process for a planned expansion by Royal Oak in the city—s industrial park. The step is procedural but significant because it is the required first action that allows the city and county to consider a future tax abatement that Royal Oak has…
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