Common Contracts

PARTIAL ASSIGNMENT AND ASSUMPTION OF FEE IN LIEU OF TAX

Partial Assignment and Assumption of Fee in Lieu of Tax Agreement • June 7th, 2023

• Contract Type
  Partial Assignment and Assumption of Fee in Lieu of Tax Agreement
• Filed
  June 7th, 2023

WHEREAS, pursuant to the authorization granted under Title 12, Chapter 44 (the “FILOT Act”) of the Code of Laws of South Carolina, 1976, as amended (the “Code”), Assignor is a party to that certain Fee in Lieu of Tax Agreement dated December 1, 2013 (the “FILOT Agreement”), originally by and among Assignor as the operating company, BBW Properties, LLC as the landlord, and Greenville County (the “County”), acting by and through its County Council (the “County Council”), which provided for certain benefits and incentives as inducements for economic development within the County;