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Redevelopment commission approves $500,000 incentive payment to Arsports Facility LLC; disclosure about counsel made on record
Summary
The Greenwood Redevelopment Commission approved a $500,000 reimbursement to Arsports Facility LLC after staff said the developer met performance thresholds. Legal representation by attorney Lee Robbins and a previously granted conflict waiver were disclosed before the vote.
A staff member told the Greenwood Redevelopment Commission on April 14 that Arsports Facility LLC has met the thresholds required under its economic development project agreement and is now due a $500,000 reimbursement.
The staff member said, “we had an agreement with the developer to reimburse it for $500,000 of cost once it met thresholds, and it has and payment is due.” Commissioners…
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