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FILOT, comprehensive plan before county council
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Kershaw County Council will hold public hearings and hold third and final readings of a Fee-In-Lieu-Of-Taxes (FILOT) agreement and revisions to the comprehensive plan during its meeting tonight at the County Government Center. The FILOT is a five year fee agreement between the county and Canfor Southern Pine Inc., which is planning an expansion. The company agrees to a minimum investment of $35 million over five years with an assessment ratio of 6 percent and a fixed millage rate of 324.4 mills over 30 years.