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Council amends Infrastructure Fund to require 50,000-sf speculative building in applications
Summary
On third reading Council amended the Sumter County Infrastructure Fund ordinance to require applicants include a speculative building with at least 50,000 square feet of manufacturing floor space; the change was approved unanimously.
County Attorney Johnathan Bryan presented a revised Ordinance 21-969 during third reading on Jan. 25 that modifies the Sumter County Infrastructure Fund’s application requirements. The change requires that any applicant include in the plan a speculative (spec) building with a minimum of 50,000 square feet of manufacturing floor space.
Councilman Charles T. Edens moved for third-reading approval of the ordinance as presented; Vice Chairman James R. Byrd, Jr. seconded and the motion carried unanimously. The minutes record the change and the council’s approval but do not list specific applicants or funding amounts in the meeting narrative.
The amendment changes program eligibility criteria for economic-development incentives administered through the county’s infrastructure fund and may affect future applicants’ project designs and financing.
