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Split Council Approves New Duke Facility FILOT Agreement — The Anderson Observer
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Split Council Approves New Duke Facility FILOT Agreement — The Anderson Observer
Greg Wilson/Anderson ObserverAnderson County Council, in a split vote, approved a fee-in-lieu-of-tax (FILOT) agreement with Duke Energy on Tuesday for a proposed $2.5 billion gas combined-cycle plant, which will bring about 30 jobs (at salaries mostly in excess of $100,000), and a projected annual payroll of $3.1 million that would, over 40 years, pour $702 million into county coffers.Any investment in excess of $400 million is eligible for a su…
·Anderson, United States
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