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Council approves $11,000 conditional incentive for restaurant project
Summary
Winnsboro’s Economic Development Committee recommended an $11,000 reimbursement incentive for a restaurant project after a $12,176 request; council approved the EDC recommendation and attached reporting conditions before reimbursement.
The council reviewed an Economic Development Committee recommendation to support a local restaurant project.
According to the record, Hunter Sheets requested $12,176 to cover sewer tap, driveway work, a water tap, restaurant facility expenses and waiver permit fees. The WEDC recommended a reimbursement incentive of $11,000, payable in installments. The transcript records that each installment would not be eligible for reimbursement until the applicant returned to WEDC to report specific progress for the prior quarter.
A council member moved to accept the EDC recommendation (SEG 407); the motion was seconded and approved by voice vote. During discussion one councilor praised the EDC for establishing parameters that require businesses to meet goals before receiving funds, citing past instances where incentive funds did not produce long-term local returns.
The transcript identifies the applicant (Brent Cheek) as present; details about exact invoices, timing of payments and any contractual terms beyond quarterly reporting were not recorded and should be confirmed in the formal incentive agreement.
