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Council debates inducement resolution offering preliminary incentives to Project Phaser; members stress non‑binding nature

McCormick County Council · January 15, 2025
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Summary

Council considered Resolution 09-24, an inducement resolution proposing preliminary incentives (fee‑in‑lieu, special source revenue credit) to attract a company identified as Project Phaser; speakers emphasized the resolution is non‑binding and said specific incentive language and future ordinances will be required before any commitments.

The McCormick County Council discussed Resolution 09-24 on May 7, an inducement resolution intended to signal the county's willingness to work with a company identified in the agenda as Project Phaser on incentives including fee‑in‑lieu arrangements and special source revenue credits.

A council member summarized the measure as an inducement, not a binding promise. "This is not a commitment of the county to do anything," one member said, and added the resolution does not commit the company either; rather, it is intended to encourage investment and prompt the company to proceed with its internal decision-making. Councilmembers and the county representative noted that if the project proceeds, related actions — including fee‑in‑lieu agreements and special source revenue credit adoption — will require formal ordinances and public hearings and, in some cases, multiple readings.

Councilman Cook raised a procedural objection to the resolution's language, saying he was comfortable negotiating incentives but opposed language that "provides preliminary approval" for incentives without showing the actual wording or contract terms. County staff reiterated that the inducement resolution is a signalling mechanism and that future ordinance action, public hearings and agreement language would be required before incentives could be implemented.

The transcript shows the resolution was moved and seconded for consideration and discussed at length; no final recorded roll-call or conclusive adoption appears in the provided excerpt. Council members said the matter could take years to gestate and that any fee‑in‑lieu or tax arrangements would be subject to later ordinance action and public hearings.

Council adjourned after routine announcements; the inducement resolution remains a non‑binding step pending further action and formal agreements.