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Council approves termination and replacement of Patheon API fee agreement
Summary
On third reading council approved Ordinance No. 79-2024/25 to terminate an existing fee agreement and execute a Special Source Revenue Credit Agreement with Patheon API, Inc. (formerly Project Magnolia); council amended the title and approved the ordinance unanimously.
Florence County Council approved Ordinance No. 79-2024/25 on third reading on July 17, 2025, to terminate an existing fee agreement and execute a Special Source Revenue Credit Agreement with Patheon API, Inc., described in the ordinance as formerly identified as "Project Magnolia." Councilman Moore moved and the body approved both a motion to amend the ordinance title and the amended ordinance itself.
The amendment replaced phrasing in the title and body to list the company as "Patheon API, Inc." and removed the generic phrase "A Company" while adding "Formerly" where appropriate. The ordinance passed unanimously by members present (proxies noted where recorded). Provenance: topicintro SEG 006, topfinish SEG 006.
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