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Council advances fee‑in‑lieu ordinance tied to "Project Inspiration" in second reading
Summary
Council approved second reading, title only, of an ordinance authorizing a fee‑in‑lieu of ad valorem tax agreement and special source revenue credits to include additional property in the Quad‑County Industrial Park for a project identified as 'Project Inspiration.'
On motion by Councilman Evert Comer, Jr., seconded by Councilman Larry Haynes, the council approved second reading, title only, of an ordinance authorizing execution of a fee‑in‑lieu of tax agreement related to a development identified in the minutes as "Project Inspiration" and providing for special source revenue credit incentives and inclusion of additional property in the Quad‑County Industrial Park.
The minutes record only title‑only second reading at this meeting; the ordinance text, fiscal impact and final approval schedule were not specified in the transcript and are listed as not specified in this report.
