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Council approves joint industrial park expansion and fee‑in‑lieu agreement with IRH Myrtle Beach LLC
Summary
Council approved second readings and associated amendments to ordinances authorizing expansion of a joint industrial and business park with Marion County and a fee‑in‑lieu tax agreement with IRH Myrtle Beach LLC, including an amendment to correct the project name.
Horry County Council advanced and approved ordinances to amend an agreement for development of a joint industrial and business park with Marion County and to authorize a fee‑in‑lieu tax agreement with IRH Myrtle Beach LLC. The chair noted an amendment in the meeting materials changing a name back to IRH; the council approved that amendment and then approved the ordinances as amended.
The ordinances authorize the inclusion of additional property in the joint park and approve a fee agreement providing for payment in lieu of taxes and certain infrastructure credits. The transcript records that the public hearing produced no speakers and the council voted in favor of the amendments and the main motions. The chair said the hearings for these items were closed and the council "will keep the vote as already stated."
