Common Contracts
1 similar Of Tax Agreement contracts
FEE IN LIEU OF TAX AGREEMENTOf Tax Agreement • October 24th, 2019
Company Name: Project Name: PROJECT SUNSHINE Projected Investment: $27,000,000 Projected Jobs: 95 Location (street): 5 and 0 Southchase Court, Fountain Inn, SC Tax Map No.: 0335000100414 and0335000100408 1. FILOT Required Investment: $22,000,000 Investment Period: Five (5) years Ordinance No./Date: December , 2019 Assessment Ratio: 6% Term (years): 30 years Fixed Millage: 305.6 Net Present Value (ifyes, discount rate): No Clawback information: If the Contract Minimum Investment is not met by the end of the Investment Period, the FILOT is retroactively terminated and the Company shall pay the difference between what normal ad valorem taxes would have been minus any fee payments actually made during that period. 2. MCIP Included in an MCIP: Yes If yes, Name & Date: Agreement for the Development of a Joint County Industrial Business Park dated as ofDecember 31, 2015, as amended, between Greenville County and Anderson County 3. SSRC N/A Total Amount: No. of Year
