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Commission approves PILOT agreements tied to EDX for Silverdale Stone and Vector Technologies
Summary
The commission approved payments-in-lieu-of-taxes (PILOT) tied to the EDX for Silverdale Stone and Vector Technologies, carrying forward approvals from the February 17 meeting; motions passed 3-0.
Jessica Falk, Cowley County Economic Development Coordinator, brought two PILOT (payment-in-lieu-of-taxes) agreements associated with the county EDX to the March 3 meeting: one for Silverdale Stone and one for Vector Technologies. Falk said the items had been previously approved on Feb. 17 and the motions on March 3 finalized the associated paperwork.
Commissioner Wayne Wilt moved and Vice Chairman Alan Groom seconded approval of the PILOT for Silverdale Stone; the motion passed 3-0. Vice Chairman Groom and Chairman Jim Maxwell moved and seconded approval of the PILOT for Vector Technologies; that motion also passed 3-0.
The transcript does not include the financial terms of the PILOTs; the commission record notes the agreements were approved "as presented."
