Commissioners authorized Dave Edwards, President and CEO of the Greenville-Spartanburg International Airport District, to negotiate and finalize the agreement. CPW’s long-term lease would be 10 percent ($2,850) of the sales value of ($28,500) per acre.
The agreement would be subject to review by the GSP Airport District legal counsel and affirmation by GSP staff that the area is within the CPW electrical service agreement area.
Greer CPW General Manager Nick Stegall received approval from the utility’s commissioners last week to pursue the property “as soon as possible” for the $3.5 million substation that will service customers on the east side of Greer, South Carolina Port Authority’s (SCPA) Inland Port and its anticipated ancillary industries and manufacturing facilities.
Stegall said the substation would take 1.5 – 2 years to build and put online.