Common Contracts
10 similar Special Source Credit Agreement contracts
SPECIAL SOURCE CREDIT AGREEMENTSpecial Source Credit Agreement • January 12th, 2024 • South Carolina
THIS SPECIAL SOURCE CREDIT AGREEMENT, dated as of January 16, 2024 (the “Agreement”), among GREENVILLE COUNTY, SOUTH CAROLINA, a body politic and corporate and a political subdivision of the State of South Carolina (the “County”), and KPWT NO LIMIT, LLC, a limited liability company organized and existing under the laws of the State of South Carolina (the “Company”).
SPECIAL SOURCE CREDIT AGREEMENTSpecial Source Credit Agreement • December 28th, 2023 • South Carolina
THIS SPECIAL SOURCE CREDIT AGREEMENT, dated as of January 16, 2024 (the “Agreement”), among GREENVILLE COUNTY, SOUTH CAROLINA, a body politic and corporate and a political subdivision of the State of South Carolina (the “County”), and KPWT NO LIMIT, LLC, a limited liability company organized and existing under the laws of the State of South Carolina (the “Company”).
SPECIAL SOURCE CREDIT AGREEMENTSpecial Source Credit Agreement • December 1st, 2023 • South Carolina
Company Name: [To come.] Project Name: Project Delano Projected Investment: $53,500,000 Ordinance No./Date: [To come.] Projected Total Housing Units: 139 Projected Workforce/Affordable Housing Units: 28 Location (street): [To come.] Tax Map No.: [To come.] 1. Project Requirements Required Investment: $7,500,000 Investment Period: 5 years Workforce/Affordable Housing Units as Percentage of Total: 20% of total Mix of AMI Tiers as Percentage of Workforce/Affordable Housing Units: 40% AMI Housing Units: 20% of all Workforce/Affordable 60% AMI Housing Units: 60% of all Workforce/Affordable 80% AMI Housing Units: 20% of all Workforce/Affordable 2. MCIP Included in an MCIP: Yes If yes, Name & Date: Anderson/Greenville Park (Workforce Housing) 3. Special Source Credits Annual Percentage: 50% No. of Years 20 years; Credit Period does not commence until at least $7,500,000 has been invested in Costs of Infrastructure. See Section 3.02(a).
SPECIAL SOURCE CREDIT AGREEMENTSpecial Source Credit Agreement • November 29th, 2023 • South Carolina
Company Name: [To come.] Project Name: Project Delano Projected Investment: $53,500,000 Ordinance No./Date: [To come.] Projected Total Housing Units: 139 Projected Workforce/Affordable Housing Units: 28 Location (street): [To come.] Tax Map No.: [To come.] 1. Project Requirements Required Investment: $7,500,000 Investment Period: 5 years Workforce/Affordable Housing Units as Percentage of Total: 20% of total Mix of AMI Tiers as Percentage of Workforce/Affordable Housing Units: 40% AMI Housing Units: 20% of all Workforce/Affordable 60% AMI Housing Units: 60% of all Workforce/Affordable 80% AMI Housing Units: 20% of all Workforce/Affordable 2. MCIP Included in an MCIP: Yes If yes, Name & Date: Anderson/Greenville Park (Workforce Housing) 3. Special Source Credits Annual Percentage: 50% No. of Years 20 years; Credit Period does not commence until at least $7,500,000 has been invested in Costs of Infrastructure. See Section 3.02(a).
SPECIAL SOURCE CREDIT AGREEMENTSpecial Source Credit Agreement • September 28th, 2023 • South Carolina
THIS SPECIAL SOURCE CREDIT AGREEMENT, dated as of [], 2023 (this “Agreement”), among GREENVILLE COUNTY, SOUTH CAROLINA, a body politic and corporate and a political subdivision of the State of South Carolina (the “County”), and CHEROKEE LANDING, LP, a limited partnership organized and existing under the laws of the State of Indiana (the “Company”).
SPECIAL SOURCE CREDIT AGREEMENTSpecial Source Credit Agreement • September 15th, 2023 • South Carolina
THIS SPECIAL SOURCE CREDIT AGREEMENT, dated as of September 19, 2023 (the “Agreement”), among GREENVILLE COUNTY, SOUTH CAROLINA, a body politic and corporate and a political subdivision of the State of South Carolina (the “County”), and VILLAGE OF WEST GREENVILLE, LLC , a limited liability company organized and existing under the laws of the State of Delaware (the “Company”).
SPECIAL SOURCE CREDIT AGREEMENTSpecial Source Credit Agreement • August 22nd, 2023 • South Carolina
THIS SPECIAL SOURCE CREDIT AGREEMENT, dated as of [], 2023 (this “Agreement”), among GREENVILLE COUNTY, SOUTH CAROLINA, a body politic and corporate and a political subdivision of the State of South Carolina (the “County”), and CHEROKEE LANDING, LP, a limited partnership organized and existing under the laws of the State of Indiana (the “Company”).
SPECIAL SOURCE CREDIT AGREEMENTSpecial Source Credit Agreement • August 9th, 2023 • South Carolina
WHEREAS, the County, acting by and through its County Council (the “County Council”) is authorized by Article VIII, Section 13 of the South Carolina Constitution and the provisions of Title 4, Chapter 1 Code of Laws of South Carolina 1976, as amended (the “Multi-County Park Act”), and in particular, but without limitation, Section 4-1-175 of the Code of Laws of South Carolina 1976, as amended (the “Infrastructure Credit Act”), to provide a credit against or a payment derived from payments in lieu of taxes received and retained by the County pursuant to Article VIII, Section 13 of the South Carolina Constitution, for the purpose of defraying the cost of designing, acquiring, constructing, improving, or expanding the infrastructure serving the County and for improved and unimproved real estate used in the operation of a manufacturing facility or commercial enterprise in order to enhance the economic development of the County, all within the meaning of Section 4-29-68 of the Code of Laws
SPECIAL SOURCE CREDIT AGREEMENTSpecial Source Credit Agreement • August 1st, 2023 • South Carolina
Company Name: [To come.] Project Name: Project Woven Projected Investment: $85,000,000 Ordinance No./Date: [To come.] Projected Total Housing Units: 214 Projected Workforce/Affordable Housing Units: 44 Location (street): [To come.] Tax Map No.: [To come.] 1. Project Requirements Required Investment: $7,500,000 Investment Period: 5 years Workforce/Affordable Housing Units as Percentage of Total: 20% of total Mix of AMI Tiers as Percentage of Workforce/Affordable Housing Units: 40% AMI Housing Units: 20% of all Workforce/Affordable 60% AMI Housing Units: 60% of all Workforce/Affordable 80% AMI Housing Units: 20% of all Workforce/Affordable 2. MCIP Included in an MCIP: Yes If yes, Name & Date: Anderson/Greenville Park (Workforce Housing) 3. Special Source Credits Annual Percentage: 50% No. of Years 20 years; Credit Period does not commence until at least $7,500,000 has been invested in Costs of Infrastructure. See Section 3.02(a). C
SPECIAL SOURCE CREDIT AGREEMENTSpecial Source Credit Agreement • June 8th, 2023 • South Carolina
WHEREAS, the County, acting by and through its County Council (the “County Council”) is authorized by Article VIII, Section 13 of the South Carolina Constitution and the provisions of Title 4, Chapter 1 Code of Laws of South Carolina 1976, as amended (the “Multi-County Park Act”), and in particular, but without limitation, Section 4-1-175 of the Code of Laws of South Carolina 1976, as amended (the “Infrastructure Credit Act”), to provide a credit against or a payment derived from payments in lieu of taxes received and retained by the County pursuant to Article VIII, Section 13 of the South Carolina Constitution, for the purpose of defraying the cost of designing, acquiring, constructing, improving, or expanding the infrastructure serving the County and for improved and unimproved real estate used in the operation of a manufacturing facility or commercial enterprise in order to enhance the economic development of the County, all within the meaning of Section 4-29-68 of the Code of Laws
