FEE IN LIEU OF TAX AND INCENTIVE AGREEMENTFee in Lieu of Tax and Incentive Agreement • August 31st, 2018
Contract Type FiledAugust 31st, 2018Company Name: NHT Augusta Grove 17, LLC Project Name: Project Rosie Projected Investment: $15,000,000 Projected Jobs: N/A Location (street): [To Be Inserted] Tax Map No.: [To Be Inserted] 1. FILOT Required Investment: $15,000,000 Investment Period: Ends, initially, 5 years fromCommencement Date, as defined in Fee Agreement Ordinance No./Date: Assessment Ratio: 6% Term (years): 20 Years Fixed Millage: 304.1 Net Present Value (ifyes, discount rate): N/A Clawback information: FILOT terminated retroactively and prospectively if aggregate investment in Project is not at least $15,000,000 by end of Investment Period 2. MCIP Included in an MCIP: Yes If yes, Name & Date: Agreement for Development of the Joint County Industrial Park between GreenvilleCounty and Anderson County dated as of August 16, 2016 3. SSRC Total Amount: N/A No. of Years N/A Yearly Increments: N/A Clawback information: N/A 4. Other information N/A