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Marlboro County approves $3 million bond and lease to support reopening of former Delta finishing plant
Summary
County council unanimously approved a $3 million special‑source revenue bond and a lease authorizing improvements to the former Delta Finisher site; the lease will not generate payments until improvements are complete and the lease start date.
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…
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