Georgetown County Capital Projects Sales Tax Commission Meeting - July 15, 2024

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[7:33] so I'm going to suggest or move that we open the meeting um but we don't need to
[7:39] second that correct correct so why don't you explain a
[7:44] little bit to us if you would uh in terms of order the order of business
[7:47] today is very simple it's to uh consider an adjustment to some very specific
[7:53] language uh associated with um you know the overall referendum we're not talking
[7:59] about projects today that stuff is set we're in good shape on all those things
[8:03] you know there's various feedback here and there but that's been you know long
[8:07] decided so I think we can get through this in just a couple of minutes but we
[8:10] did have some specific adjustments and I'll make a motion here in a minute or
[8:13] ask for a motion to be made but Walt can you um maybe just give us a quick update
[8:17] from your perspective and um frame this Frame this ask a little bit yes sir so
[8:23] we've been asking for quite some time for some feedback from our bond
[8:27] attorneys on the the final paragraph of the question that deals with the
[8:32] County's authorization to issue bonds should it so choose and the bond
[8:39] attorney came back we met Friday we were meeting about some stuff and she said
[8:42] you know I looked at that paragraph and I think we need to tweak it just a
[8:46] little bit and I'm going to read it out the paragraph that was previously
[8:51] approved read pending the receipt of such sales and use tax must the county
[8:57] be also be authorized to issue and sell either as a single issue or as several
[9:03] separate issues General obligation Bonds in parentheses the bonds of the county
[9:10] in an aggregate principal amount not exceeding $25 million to defray the cost
[9:15] of the projects listed above plus issuance cost and it went on from there
[9:21] what we are doing is adding six words where it said
[9:27] before the bonds in parentheses of the county in an aggregate principal amount
[9:32] not exceeding $25 million to the phas the cost we're adding a portion of those
[9:39] three words a portion of the cost because she wanted to make it clear to
[9:44] the voters that we wouldn't be financing all of those projects so it's just a
[9:51] portion of the projects and then after the cost of she added the Georgetown
[9:59] County sponsored or actually it said the cost of the projects she wanted it to
[10:04] clarify and say Georgetown County sponsored so what that means is
[10:08] Georgetown county is only going to issue bonds to do Georgetown County sponsored
[10:13] projects if anybody else wants to issue bonds they issue bonds to do their
[10:19] project so georget County Water and Sewer District if they want to issue
[10:23] bonds to pay for Georgetown County W and SE District sponsored projects they do
[10:27] so so we're adding those six where just as clarification to the voters and that
[10:31] is simply all we're doing the project list has not changed as you stated the
[10:36] order has not changed as you stated the first paragraph of the question has not
[10:40] changed it is simply those six words and I think it's just for clarification so
[10:45] any questions on that before I ask for a very specific
[10:48] motion only one go go ahead go g no go ahead
[10:53] Gary the the question I have fa is a more general question it's not nothing
[10:59] to do with that wording question I have is is there
[11:04] anywhere in there that says that de bonding speeds of the projects in
[11:10] certain areas that voting for bonding will help
[11:16] get projects done say in multiple areas at one time yeah it it doesn't and we
[11:23] can't put that in the question that needs to go into education material that
[11:28] we're putting out in the public so we've already started some of that um with
[11:33] some meetings around the county and that'll be critical that people that we
[11:37] spread that word that says you know this is this is why you issue bonds is to get
[11:42] things done faster instead of waiting for 10 years or eight years for the
[11:45] money to come in you issue the bonds and and you can go ahead and get the work
[11:49] done so you know if Georgetown County Water and Sewer District for example
[11:53] would choose to issue bonds they could probably have that sampit project done
[11:57] in two and a half to three years um instead of waiting for a long time to
[12:03] get it done okay on that marketing point and I want to be super clear about this
[12:10] uh our role is not related to education and marketing that's a separate effort
[12:14] however I'm going to call on each of you after you're officially decommissioned
[12:19] again we're gon to decommission you again as soon as this meeting's over and
[12:23] I'mma in in a different uh light ask you to support that effort I met with the
[12:28] team there's a team of uh six I think six people
[12:32] assembled uh to focus on a combination of education and marketing by law the
[12:38] county can educate but they can't Market or Advocate and sort of we're working
[12:43] through what that Master Plan looks like on that but I'm sure there are places
[12:46] where you guys can help and would love your help to the extent you would like
[12:50] to help but there's a lot of need for that I would love too that'd be great
[12:55] that'd be great same here and the question I had uh Walt is uh if any
[13:02] other municipalities uh determine they want to bond their projects does that
[13:08] call for us to have to get engaged again okay no sir no sir by no by law we can
[13:14] only address the the county issuance of the bonds um the other folks they could
[13:19] just issue what's called a revenue Bond because they're going to get Revenue in
[13:24] the form of the cpst money so they would issue a revenue Bond and do it that
[13:30] way thanks okay so given that um Ashley did
[13:38] you have a
[13:40] comment all right so given that I'd like I'd like for one of I'd like to
[13:44] entertain a motion to revise the approved referendum question section
[13:49] that authorizes the issuance of bonds by Georgetown County to fund the
[13:52] construction of projects by adding a portion of to clarify that the bonding
[13:58] will not pay for all the projects and Georgetown County sponsored to clarify
[14:03] that it will pay for the county projects only what can I get a motion to support
[14:08] that please okay motion to accept the wording
[14:12] as as stated second second second all in favor I I
[14:21] opposed okay Walt sounds like we've got uh a unanimous agreement to that wording
[14:27] change and I do appreciate y'all getting together at this last minute I I I say
[14:32] when you meet at 11:00 on Friday morning and this comes up it's kind of hard um
[14:36] and it's going to be on third reading on the 23rd um so that was kind of the
[14:40] pressing need to get it done either today or tomorrow so I appreciate y'all
[14:45] bending and being super super flexible on your schedules um so the only other
[14:50] course of business Mr chair would be a motion to adjourn unless anybody I just
[14:55] want to make one last comment which is I I would appreciate you guys just you
[14:59] know as you're out and about listening for how people are feeling about things
[15:02] there's a little bits of feedback coming you know a concern about this and a
[15:06] concern about this and one of the things I think is really important for
[15:09] everybody in the county to understand and you guys understand this well while
[15:12] somebody may have a project that they don't like an element of if they get too
[15:18] much energy behind that they're not getting rid of that project which I
[15:22] think a lot of people think they do they're getting rid of the whole thing
[15:27] the whole thing falls apart if group people get behind or get down on a
[15:31] project or two I think we just got to help and that'll be part of the
[15:35] education and Mech and stuff but this stuff once it gets going it seems to get
[15:39] viral quickly um you know just do what you're in your part of your world just
[15:45] help people see the benefits this thing is a total
[15:48] package yeah that's that's a very very good point you know it's it's it comes
[15:54] down to compromise and that's what we need to do a lot more of in the world
[15:58] today is be able to compromise so thank you guys again I'm
[16:04] now officially decommissioning you again and adjourning the meeting no no no no
[16:08] we got have a motion to adjourn I have a motion to adjourn the
[16:13] meeting that that's actually why I said that a minute ago because I we just
[16:17] didn't go see you later bye everybody leave all right do I have a motion to
[16:20] adjourn the meeting and decommission the group I'll make it even though it
[16:25] decommissions us again yeah you know why would I want to do that all right do I
[16:31] have a second second all in
[16:34] favor I all right thank you all very much for jumping on this wall thanks for
[16:39] driving this andk you so much thank you all right have a great one everybody
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