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RES 2021-07 Adopted RESOLUTION NO. 2021-07 RE-PRIORITIZING PROJECTS AND FUNDING FOR THE AIKEN COUNTY CAPITAL PROJECTS SALES TAX II WHEREAS, in November 2004 the citizens of Aiken County approved the Capital Project Sales Tax(CPST)II referendum; and WHEREAS, the City had$19,350,000 in projects on the CPST H ballot; and WHEREAS, by Resolution No. 2018-25 City Council re-prioritized and reallocated funding among certain projects; and WHEREAS, at this time, the following projects/funds are remaining (not including accrued interest): • Street Lighting at Entrances of Riverview Park $32,261 • Georgia Avenue and Five Notch Intersection Improvements $475,000 WHEREAS, the CPST II ballot also included the project "Street Resurfacing Program"; and WHEREAS, Council now wishes to re-appropriate a portion of the remaining funds to the CPST II Street Resurfacing Program, specifically for resurfacing a portion of West Five Notch Road, as shown on Exhibit A; and NOW THEREFORE, BE IT RESOLVED by the Mayor and City Council of the City of North Augusta, South Carolina, in meeting duly assembled and by the authority thereof that, the City North Augusta CPST II projects and funding allocations are hereby prioritized as listed on the attached Exhibit B. DONE, RATIFIED AND ADOPTED BY THE MAYOR AND CITY COUNCIL OF THE CITY OF NORTH AUGUSTA, SOUTH CAROLINA, ON THIS IsF DAY OF Mnrr_k , 2021. &de�: Robert A. Pettj , Mayor ATTEST: Sharon Lamar, City Clerk EXHIBIT A sae ne END RESURFACING n�e�osa �a r y� o P°e ae d Geaee o` t W N L A O n a BEGIN RESURFACING gym, c� oa U N North PROPOSED w-�-E Augusta ,/ CPSTII/C-FUND FY20-21 South Carolina's STREET RESURFACING Mlles 0 0.050.1 02 0.3 0.4 EXHIBIT& CAPITAL PROJECTS SALES TAX II PROJECTS Proposed Pralxnt Funding AllooWn Funding Allocation Revised Funding Priority Per 2021 Budget Changes All..tkno 1 Street Resurfacing Program 130,ODO 130,000 2 Riverview Park improvements(Street Lighdng) 32,261 - 32,261 3 Road Intersection lmprowneents(Five Pawn @Georgia) 475,000 (68,462) 406,538 NA Interest 61,538 (61,538) - $ 563,799 $ - $ 568,799