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Lexington County council approves fee agreement, incentives for Michelin project
Summary
Lexington County Council voted to approve Ordinance 24-11 authorizing a fee-in-lieu agreement and special source revenue credits for a Michelin North America project, keeping the project in the county's multi-county industrial park.
Lexington County Council on June 10 approved Ordinance 24-11, authorizing execution of a fee-in-lieu agreement with Michelin North America and providing special source revenue credits and continued multi-county industrial park benefits to the project.
The ordinance, described on the floor as being adopted pursuant to "chapter 44, title 12, and chapter 1…
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