2 projects for Spartanburg County worth $24.8M, 10 jobs proposed

Sep. 17--Spartanburg County Council Monday approved the first of three readings for tax breaks for two new economic projects with a total investment of $24.8 million and 10 new jobs.

Another project, with a planned investment of $56 million and 34 new jobs, was delayed until next month.

The first project is a planned $5.4 million investment with 10 new jobs. The name of the company and location will be revealed when the third reading is passed.

Also, the first of three readings was approved for Project Commerce, a $19.4 million project with no new jobs. That company's name and location also have not been revealed yet.

Both are seeking reduced property tax rates of 6 percent, which is below the standard 10.5 percent rate for companies.

A third project, nicknamed Das Boot, is planning to invest $56 million and create 34 new, full-time jobs.

But Councilman David Britt, who chairs the economic development committee, said the company asked that its application for tax breaks be postponed until council's October meeting.

In other business, council agreed to borrow $16.2 million for road projects and infrastructure upgrades approved by council earlier this year.

The general obligation bonds will be issued next year and be repaid over 10 years with revenues from the county's existing 4.7-mill debt service millage rate, with no tax increase being needed, according to County Administrator Cole Alverson.

The money will pay for these projects: 4th Street widening, $750,000; Belcher Road bridge replacement, $850,000; Clark Road bridge replacement, $1.1 million; Clark Road intersection improvements, $750,000; Clark Road widening, $2.8 million; countywide asphalt resurfacing, $1.69 million; and Double Branch Road intersection improvement, $300,000.

Also, Double Branch Road widening, $1.9 million; Kist Road bridge replacement, $1.1 million; Kist Road widening, $1.5 million; Melvin Hill Road widening, $2.7 million; and Snow Road reclamation, $400,000.

Council also approved a noise ordinance exclusion for John Brown for Nightmare Hollow Haunted Trail at 3411 Reidville Road.

The event will be held from dusk to 10 p.m. Sunday through Thursday, Oct. 20, 24, 27 and 30; and from dusk until 11:59 p.m. Friday and Saturday, Sept. 27, 28, Oct. 4, 5, 11, 12, 18, 19, 25 and 26; and Thursday, Oct. 31, Nov. 1 and 2.

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