RES 2023-34 Interest Earned Expenditure Request for Transfer Station AdoptedRESOLUTION NO. 2023-34
AUTHORIZING MULTIPLE EXPENDITURES FROM FUND 36 ANCILLARY TO THE
REGIONAL SOLID WASTE TRANSFER STATION PROJECT
WHEREAS, in August 2020, the State of South Carolina received a $600 million
settlement as result of litigation against the U.S. Department of Energy related to plutonium
located at the Savannah River Site (SRS); and
WHEREAS, in July 2022, the State FY 2022-23 Appropriations Act, proviso 118.19
(72) appropriated a portion of the litigation settlement funds to the City of North Augusta for,
among other projects, $2,000,000 for a Regional Solid Waste Transfer Station; and
WHEREAS, City Council passed Resolution 2022-55 which formally acknowledged
this and other City projects selected for funding and designated allocations to be held in Fund
36 - Savannah River Settlement Appropriations Act until expenditures were made in
accordance with Council approval; and
WHEREAS, in February 2023, the City was advised that Aiken County would manage
litigation settlement funds on behalf of the City and only disperse project funding to City upon
receipt and approval of a “Draw Request” for a cash advance or reimbursement; and
WHEREAS, in May 2023, the City submitted and received its first draw request of the
principal for the transfer station totaling $199,650: and
WHEREAS, the litigation settlement funds allocated to the City of North Augusta
have been and continue to be invested in an interest bearing account in the local government
investment pool (LGIP) prior to relase to the City for expenditure; and
WHEREAS, interest earned on the City’s invested settlement funding is available for
City expenditure upon approval of a “Draw Request” by Aiken County and transferral into
City Fund 36; and
WHEREAS, the City has identified ancillary projects associated with the Regional
Solid Waste Transfer Station project as outlined in Attachment 1 and has submitted a “Draw
Request” of accrued interest for the ancillary project costs; and
WHEREAS, funds totaling $1,800,350 remain available from the principal to be
drawn for implementation of the Regional Solid Waste Transfer Station project.
NOW THEREFORE, BE IT RESOLVED by the Mayor and City Council of the City
of North Augusta, South Carolina, in a meeting duly assembled and by the authority thereof,
that:
1. The City Administrator is authorized to execute such documents as necessary to
procure the identified equipment and execute projects in accordance with City
procurement policy.
ATTACHMENT 1
Ancillary projects associated with the Regional Solid Waste Transfer Station project:
Project / Equipment Amount Description
Transfer Trailer $130,000 For transport to landfill
Track Excavator $160,000 Direct support to transfer station
Residential Bulk Truck $100,000 Direct support to transfer station
Camera System $35,000 Monitoring system for the facility
Paving project $250,000 Pave upper and lower portions of the facility
Transfer station scale $120,000 Covers replacement parts or new scales
Total $795,000