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Tax and utility agreement

Chesterfield County, Virginia

Chesterfield County’s agreement with Peanut LLC combines a fixed equipment-tax rate with water and wastewater service. It shows how utility capacity, drought restrictions and public costs can be negotiated in one instrument.

Project party
Peanut LLC
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What’s included

Public revenue & benefits

Equipment taxes are fixed at $0.24 per $100 of assessed value, with grants offsetting increases. This is a tax arrangement, not a community donation.

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Water

Capacity reductions do not return paid capital-recovery charges. Water service may be curtailed for law or essential public health, safety and welfare despite continuity protections.

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Reporting & enforcement

The agreement allows legal or equitable remedies after notice and cure. Affiliate transfers can release the original entity from future obligations after assumption.

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About this document

Government copy; handwritten date/signatures pending.

Document
Tax and utility agreement
Published by
www.chesterfield.gov
Parties
Peanut LLC
Reviewed
2026-09-07
Still needed
Signed date, amendments, service exhibits and actual water-use records.

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