Lexington, SC 10/24/2022 (Paul Kirby) – After their regularly scheduled committee meetings and council meeting tomorrow afternoon, the Lexington County Council will hold a required public hearing which will start at 6 p.m. The subject of that meeting will be a Fee-In-Lieu of AD Valorem Taxes and Special Source Revenue Credit Agreement. These are normally used as a part of a standard economic incentive package businesses to locate large manufacturing and distribution centers in Lexington County.
The two entities being included in this package are Chick-Fil-A Supply, LLC and Supply Properties I, LLC. The businesses are one and the same. They had asked that Lexington County use the two names as such when the incentive package was put together, The business will construct their facility on a Project Site in a Multi-County Business Park. This is a common occurrence that has been offered to businesses such as the Amazon Fulfillment Center and Nephron Pharmaceuticals to lure them to Lexington County Business Parks in the past. Each one of those businesses have brought with them hundreds if not thousands of high paying jobs with benefits for people of every level of education.
The amended ordinance reads verbatim: Ordinance 22-14 – An Ordinance Authorizing Pursuant to Chapter 44 of Title 12, South Carolina Code of Laws, 1976, as Amended, the Execution and Delivery of a Fee-In-Lieu of AD Valorem Taxes and Special Source Revenue Credit Agreement Between Lexington County, South Carolina and Chick-Fil-A Supply, LLC and Supply Properties I, LLC; Authorizing the Inclusion of a Project Site in a Multi-County Business Park; Authorizing Certain Special Source Revenue Credits; Authorizing the Approval of a Purchase Agreement Providing for the Conveyance of Land by the County; and Matters Relating Thereto.
If you can’t make tomorrow’s meeting being held at the Lexington County Administration Building at 212 South Lake Drive in Lexington, SC., there are other ways that you can see it live and follow along. Here are your options.
The County Council meetings will be available for public viewing on the following:
1. Lexington County Spectrum Cable Channel 1302
2. County website at: https://www.lex-co.com/MeetingPortal/LexCoMeetingPortal.html
(Click on “Live Meeting” at the top of the page)
All meeting agendas can be accessed through the County’s website at www.lex-co.sc.gov.
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