Lexington County approves fee-in-lieu deal for All Tape Adhesive project after public hearing

Lexington County Council on Feb. 25 approved Ordinance 25-01, authorizing a fee-in-lieu-of-tax (FILO) agreement and special source revenue credits for All Tape Adhesive Manufacturing Incorporated, identified in the ordinance as Project Aqua, and authorizing sale of Lot 9 at the Saxe Gotha Industrial Park.

The ordinance, presented during a public hearing and voted on at second reading, says the project would induce a $70,000,000 investment and 30 jobs in Lexington County. The council voted in favor during a roll call; Councilwoman Wessinger, Councilman Fisher, Councilman Cockrell, Councilman Hudson, Councilman Brigham, Councilman Bishop, Vice Chair Conwell and Chairman Cullum recorded “yes.”

A staff member summarized the ordinance’s terms and said the agreement includes special source revenue credits and continued participation in a multi-county industrial and business park for the project. John Wall, who identified himself as a representative with Burn Foreman, spoke briefly in support, saying the firm was “really excited about this project and the number of jobs and the investment they’ll bring.”

During the public hearing, Dan Hagen of Swansea, a resident who identified his address, urged the council to use a different…