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Sumter County Council gives second reading to tax-incentive ordinance for anonymous $65.9M 'Project Ignis'
Summary
County Council granted second reading to an ordinance authorizing tax incentives and a special source revenue credit for an anonymized industrial project called Project Ignis, described by the county attorney as a $65.9 million investment expected to create about 300 jobs; a public hearing is scheduled before final approval.
County Attorney Johnathan Bryan told Sumter County Council on April 11 that Ordinance 23-986 would authorize a Fee‑In‑Lieu of Ad Valorem Taxes (FILOT) agreement and a Special Source Revenue Credit for an industrial project the county is calling Project Ignis. "This ordinance pertains to an industrial project known as Project Ignis," Bryan said, describing a total project investment of $65,900,000, including $36,500,000 in new equipment and machinery…
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