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Council approves ad valorem tax agreement for Project Creed solar project; decommissioning, bond discussed

2303504 · February 13, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Kershaw County approved a FILO/ad valorem tax agreement for a proposed 48-megawatt solar project (Project Creed). Council discussed decommissioning, bonding and expected revenue; the measure passed on second reading.

Kershaw County Council voted on Feb. 11, 2025, to approve an ad valorem tax incentive and a special source revenue credit for a proposed solar facility identified in county documents as Project Creed.

Economic development staff and company representatives said Project Creed would be a roughly $67 million investment for a 48-megawatt facility, with about 377 acres identified in planning materials. Jeff Burgess, Kershaw County economic development director, told council the FILO agreement in front of the body equates to…

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