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Marlboro County approves multiple fee-in-lieu agreements for industrial expansions

Marlboro County Council · August 21, 2024
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Summary

Council approved several ordinances authorizing fee-in-lieu-of-tax agreements to support local industry expansions; votes on ordinances referenced as Nos. 852–854 were recorded as unanimous where final votes occurred.

Marlboro County Council approved multiple ordinances authorizing fee-in-lieu-of-ad-valorem-tax (FILOT) agreements to support expansions by existing industries in the county.

Council considered a slate of FILOT ordinances described in the meeting as authorizing agreements between Marlboro County and identified projects (transcript names include Project Hinkie/Hinkie Promise, Project Pound Cake and Project Powerball). Motions to adopt ordinances (cited in the record as ordinance Nos. 852, 853 and 854) were moved and seconded; the items that reached final vote were carried unanimously.

Council members and county staff described the measures as part of a broader strategy to help existing local industries grow while preserving county employment and encouraging infrastructure investment. Commenters noted the county’s economic director worked closely with the businesses to structure the agreements.

Votes at a glance: ordinances identified in the transcript as 852, 853 and 854 moved forward with council action during the meeting and were approved where a final show-of-hands vote was recorded as unanimous.

Background: FILOT agreements allow the county to accept a fee in lieu of ad valorem taxes and to authorize infrastructure credits; the ordinances referenced will now move through the county’s ordinance-adoption process as recorded in the minutes.