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Council approves inducement resolution for Echelon 'Omega' project
Summary
Inducement Resolution 12242 passed unanimously to identify Echelon DC River Oaks LLC (project Omega) for potential FILOT eligibility and related economic development incentives under state code.
Marlboro County Council unanimously approved Inducement Resolution No. 12242, identifying the Echelon DC River Oaks LLC project (project Omega) as a qualifying project under the referenced state code provisions. The motion and second were recorded on the transcript and the vote carried by show of hands.
The resolution is the statutory precursor that permits the county and project sponsor to prepare FILOT agreements and incentive documents. Council described the action as an administrative and procedural step that positions the project to apply for the incentives it may later seek.
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