York County Council approves Project Palmetto Rock deal; Rock Hill City Council to vote on deal

York County Council approved a revised revenue plan for Project Palmetto Rock, a biopharmaceutical company's $1.5 billion facility proposal in Rock Hill. The plan allocates 85% of Rock Hill's tax revenue to schools and 10% of economic development funds annually. Rock Hill City Council will vote on the deal next, which could secure 1,500 jobs but has faced criticism over potential inconsistencies in incentives.