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Council approves special source revenue credit for Project Block; company pledges $21M investment and 30 jobs
Summary
Council voted unanimously on second reading to authorize a 25% special source revenue credit agreement for an entity identified as Project Block; staff said the company will invest approximately $21 million, purchase a 30,000-square-foot building and site, and commit to hiring 30 employees within five years.
Lancaster County Council approved second reading of an agreement to provide a special source revenue credit (SSRC) to an entity identified by staff as Project Block, which staff said will invest in an existing site in a multi-county industrial park.
Economic development staff member presenting the item described Project Block as a European company that purchased an existing…
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