To authorize the Director of the Department of Development to enter into an Enterprise Zone Agreement with Dupon USA LLC (the “Enterprise”) for a tax abatement of seventy-five percent (75%) for a period of ten (10) consecutive years in consideration of the Enterprise investing approximately $30,000,000.00, which includes $14,000,000.00 in new construction, $15,000,000.00 in machinery & equipment, $500,000.00 in furniture & fixtures, and $500,000.00 in stand-alone computers, the creation of sixty (60) net new full-time permanent positions with an estimated annual payroll of approximately $3,071,300.00 and the retention of twenty-eight (28) full-time jobs with an associated estimated annual payroll of approximately $1,987,742.00. ($0.00)

Ordinance Passed Introduced April 13, 2026

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