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Council approves fee-in-lieu agreement for Eaton Aerospace on third reading, 5–3 with one absence
Summary
On third reading Charleston County approved a fee-in-lieu-of-taxes (FILOT) agreement with Eaton Aerospace LLC; the ordinance passed 5 ayes, 3 nays, 1 absent. Council debate included comments about whether incentives favor large corporations over general taxpayers.
Charleston County Council approved on third reading an ordinance authorizing a fee-in-lieu-of-taxes (FILOT) agreement with Eaton Aerospace LLC and related entities.
The agreement, as described in the ordinance, allows Eaton Aerospace to pay a negotiated fee in lieu of ad valorem taxes and authorizes special source revenue or infrastructure credits and allocations related to a multi-county industrial business park. Council passed third reading with a recorded vote of 5 ayes, 3 nays and 1 absence.
Councilman Boykin and several supporters urged approval, while others questioned the precedent of granting tax incentives to large firms. Councilman Kurowski voiced concern that incentive criteria that apply to this company could be argued to apply to many taxpayers. Councilman Darby and Councilman Kabrowski registered nays; one council member was absent for the vote. The roll-call record listed Boykin — Aye; Darby — No; Kabrowski — Nay; Moody — Aye; Pryor — Aye; Sass — Aye; Middleton — Aye; Honeycutt — Absent.
Proponents said the FILOT supports significant capital investment and potential job creation; critics asked for broader analysis of incentive policy and distributional impacts. The ordinance passed third reading with 5 ayes, 3 nays and 1 absent.
