Sumter could see the establishment of a new industry as the Sumter County Council considers tax incentives and the inclusion of property into its multi-county industrial park with Lee County for a company going by the code name Project Batch. …
This item is available in full to subscribers
Click here to log in
If you're a print subscriber, but do not yet have an online account, click here to create one.
If you aren't yet a subscriber,
click here to start a new subscription.
Sumter could see the expansion of an industry as the Sumter County Council considers tax incentives and the inclusion of property into its multi-county industrial park with Lee County for a company going by the code name Project Batch. Council approved first readings of two ordinances regarding the project during its meeting Feb. 26.
Company may get tax incentive for $4.2 million investment
Reading: First of three
Agenda item: An ordinance to execute and deliver an infrastructure credit agreement to a company identified as Project Batch.
Background: The agreement will make Project Batch's property exempt from ad valorem property taxes as it invests not less than $4 million in real and personal property, according to the agreement.
Sumter County Attorney Johnathan Bryan said the company is expected to invest about $4.2 million and create about 120 jobs.
The company is not ready to disclose its real name or the location of the business yet, he said.
Bryan said the details of the agreement will be presented to council during its next meeting, before consideration of second reading.
Discussion: Councilman Jimmy Byrd made the motion for approval, and Councilman Artie Baker seconded.
Vote: 6-1 approval - Councilman Chris Sumpter was absent from the meeting.
Mystery company seeks more property in county industrial park
Agenda item: A request to amend the master agreement governing the Sumter-Lee Industrial Park, dated Dec. 31, 2012, to expand the boundaries of the park to include certain property owned or operated by a company identified as Project Batch.
Background: The purpose of this ordinance is to put the property where this company will be located into the multi-county park, Bryan said.
Discussion: Byrd made a motion for approval, and Baker seconded.
Vote: 6-1 approval - Councilman Sumpter was absent from the meeting
More Articles to Read