Special Source Revenue Credit Agreement

This is an economic development incentive agreement intended to support local business investment.

First reading in title only passed 7-0 on May 27, 2025; second reading is pending. Watch for the next recap.

Follow Special Source Revenue Credit Agreement

Get the recap whenever Council takes up Special Source Revenue Credit Agreement - and every other Kershaw County meeting. Free.

Every time the Recap has covered it

June 9, 2026

The headline Council moves forward with economic development and infrastructure bond. The Council approved the first reading of ordinances related to "Project Gemstone," including a special source revenue credit agreement and an industrial park expansion, while also advancing a $2 million bond for wastewater infrastruc…

Read in the recap » · Find it in the full transcript »

July 8, 2025

Votes at a glance - Agenda Adoption, Proclamation for Mel Pearson, Minutes Approval (June 17), and Adjournment: PASSED (Unanimous). - Amendment to Joint Industrial and Business Park Agreement (1st Reading): PASSED (Unanimous). - Sale of 205 Sumter Highway (2nd Reading): PASSED (Unanimous). - Development Impact Fees (2n…

Read in the recap » · Find it in the full transcript »

June 10, 2025

Votes at a glance - Proclamation for Elevate Fatherhood Month: PASSED (Unanimous). - Second Reading of rezoning ordinance for 1045 Highway 1 North: FAILED 0-0. The motion to approve the rezoning failed due to a lack of a second. - Second Reading of Special Source Revenue Credit Agreement for Project NAM: PASSED (Unanim…

Read in the recap » · Find it in the full transcript »

May 27, 2025

Votes at a glance - Rezone 3.75 Acre Parcel (TMS 229-00-00-004) from MRD-1 to GD (1st Reading): PASSED 4-3 (D. Shoemake, S. Tucker Jr., and J. Jones voted NO). - Special Source Revenue Credit Agreement for Project NAM (1st Reading in Title Only): PASSED (Unanimous). - Catoe Amendment 1 to Budget Ordinance: PASSED 6-1 (…

Read in the recap »