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Sumter County council adopts resolution, advances first reading to negotiate incentives with “Project Peanut”
Summary
Council unanimously adopted Resolution 25-05 to negotiate a fee-in-lieu agreement with Project Peanut and advanced Ordinance 25-1036 on first reading, authorizing potential infrastructure credits and the sale of about 47 acres in Pocotaligo Industrial Park.
Sumter County Council voted unanimously Oct. 28 to adopt Resolution 25-05, committing the county to negotiate a fee-in-lieu of ad valorem taxes agreement with an economic development prospect identified in the meeting as “Project Peanut.”
At the same meeting the council advanced Ordinance 25-1036 on first reading. The ordinance, as presented, would authorize the county to execute a fee-in-lieu agreement, provide certain infrastructure credits, make multicounty industrial park benefits available to the project and…
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