Economic Development was the main theme at tuesday night’s Laurens County Council meeting. After going into executive session to discuss an economic development issue, which resulted in no action by council, three public hearings were held involving investment in the county.
The first hearing was on Ordinance 812 which Laurens County Council which authorizes the execution and delivery of an amended and restated fee in lieu of tax agreement with the county, a company once referred to as “Project Rain Boots. The information has been released as Yanfeng US Automotive Industrial Systems. This also expresses the commitment of Laurens County to provide for special source revenue credits and to place the project’s property under advantages of a Multi-County Park. No one spoke at the hearing and the third reading vote was postponed until the next meeting.
After a public hearing, a third reading vote approval was given to Ordinance 818, which authorizes the execution and delivery of a FILOT agreement between the county and CRI Tolling, and its affiliate Synalloy Corporation.
Greg Gibson of CRI Tolling spoke at the hearing and told council his company will invest $11.5 Million over the next 8 years. This is an existing industry located in the upper part of Laurens County, and the project will be placed in Octagon Park Section II.
Council also unanimously approved on third reading, Ordinance #819, which authorizes the amendment to the master agreement governing Octagon Industrial Park to include the company. Two first reading ordinances were also unanimously approved, Ordinance #820 is an Octagon Industrial Park Amendment, to authorize and approve the amendment of the agreement for development of the joint county industrial business park. Ordinance #821, is to amend the 1994 park agreement relating to the multi county industrial park of Greenville County and Laurens County to provide for the continuation of the park.