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Council approves group of bond reimbursement resolutions for public-safety, fire and stormwater projects
Summary
Council approved a package of resolutions allowing the county to reimburse prior expenditures with future bond proceeds for projects including a public-safety training facility, coroner and EMS facilities, replacement/expansion of fire facilities, Bridal 4 projects and stormwater work tied to the Inlet Square business park.
Council considered four related resolutions together that would allow Horry County to reimburse certain project expenditures with proceeds from future tax-exempt bonds. Miss Norman explained the purpose: if the county incurs project expenses before bonds are issued, these resolutions permit reimbursement from later bond proceeds.
The resolutions cover several capital projects including the public-safety training facility, coroner's office, EMS facilities (Windy Hill, Goretown, Crestwick), replacement and expansion of fire facilities (Goretown, Crestwick), Bridal 4 projects, and stormwater projects connected to the Inlet Square multi-county business park. “So what these resolutions do are allow us to reimburse ourselves using bond proceeds if we incur expenses for these projects,” Miss Norman said.
Council voted to approve the bundled resolutions by voice vote. The motion language and record in the transcript indicate approval but do not include a roll-call tally in the public record excerpt.
