Marlboro County Council on Monday approved a third reading of an ordinance authorizing up to $3,000,000 in special‑source revenue bonds for improvements at the former Delta finishing plant and adopted a resolution authorizing a lease of the property to the company named in the draft lease.

The bond ordinance and the lease are intended to fund and formalize improvements required for an existing industry to occupy the former Delta finishing plant, county staff said. Council members voted unanimously on both items.

County staff described the bond proceeds as intended to pay for: a 250,000‑gallon water tank and a sprinkler/fire suppression system; building modifications to meet operational requirements; additional office spaces and restrooms; parking lot resurfacing; and roof and roof‑drain repairs. The financing will be structured as special‑purpose revenue bonds secured by dedicated revenues, including fees‑in‑lieu of taxes from the county’s multi‑county industrial projects, according to the staff memo.

County staff also said bond counsel inserted a sentence expanding the range of revenues that could be lawfully used to make bond payments. As read in the meeting packet, that sentence says, in part, that “without limiting the foregoing … the county will make payments with respect to the bonds from any source of revenue available to the county that may lawfully be applied for such purpose.” A council member asked whether the change broadened the county’s pledged revenues beyond industrial park receipts; staff replied that it did.

The related resolution authorizes the county administrator and clerk to execute a lease for the former Delta finishing plant to the company identified in the draft lease as "Crown Core Conceal." The draft lease sets a rent rate of $3.50 per square foot and states an annual rent figure of $5,255,000 in the packet; the packet did not list the building square footage used to calculate that annual figure. The lease’s initial term is seven years and, as presented to council, would begin July 1, 2026, and run through June 30, 2033, with options to renew. Staff said the county will not receive payments until the lease begins and improvements are completed.

Staff recommended adoption of both the bond ordinance (third reading, amended) and the lease resolution; both motions carried unanimously.

Council members did not give a named mover and seconder in the public record for the motions but recorded unanimous approval on each item.