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City manager recommends authorization for Carolina Foothills Federal Credit Union headquarters in Spartanburg; $6 million investment and about 20 jobs cited
Summary
City Manager Mr. Story presented a resolution to authorize a development agreement with Carolina Foothills Federal Credit Union to locate its corporate headquarters in Spartanburg, describing approximately 20 jobs and an estimated $6,000,000 investment; council members asked clarifying questions and a final vote was not recorded in the provided transcript.
City Manager Mr. Story presented an economic development resolution to the City Council on Jan. 12 recommending authorization to execute a development agreement with Carolina Foothills Federal Credit Union to locate its corporate headquarters in Spartanburg.
Mr. Story said the proposal would bring about 20 well‑compensated white‑collar jobs to…
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