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120825 Study Session Mins AdoptedPage 1 of 2 MINUTES OF DECEMBER 8, 2025 Briton S. Williams, Mayor Kevin W. Toole, Councilmember – Mayor Pro Tem Dennis C. Briatico, Councilmember David B. Buck, Councilmember Pat C. Carpenter, Councilmember John M. Felak, Councilmember Robert L. Freitas, Councilmember ORDER OF BUSINESS STUDY SESSION The Study Session of December 8, 2025 for the City Council of the City of North Augusta, having been duly publicized, was called to order by Mayor Williams at 6:00pm and also streamed online for public viewing at the City Facebook page: “City of North Augusta – Public Information” and City YouTube page: “City of North Augusta Public Information.” Per Section 30-4-80(e) notice of the meetings was sent out by email to the current maintained “Agenda Mailout” list consisting of news media outlets and individuals or companies requesting notification. Notice of the meetings was also posted on the outside doors of the Municipal Center, the main bulletin board of the Municipal Center located on the first floor, and the City of North Augusta website. Members present were Mayor Williams, Councilmembers Briatico, Buck, Felak, Freitas, and Toole. Member absent was Councilmember Carpenter. Also in attendance were James S. Clifford, City Administrator; J.D. McCauley, Assistant Administrator; Kelly F. Zier, City Attorney; Thomas C. Zeaser, Director of Engineering and Public Works; Chief Junior Johnson, Public Safety; Tommy Paradise, Director of Planning & Development; James Sutton, Director of Public Services; Rick Meyer, Director of Parks & Recreation; Karl Waldhauer, Manager of Tourism; Lynda Williamson, Director of Finance; Kayla Ferguson, Manager of Human Resources; Jamie Paul, City Clerk; and Ricky Jones, Manager of Information Technology. ITEM 1. CITY COUNCIL MEETING: Administrator Clifford led Council’s discussion of items for the December 15, 2025 regular meeting. (See Attachment #1) Discussion ensued on Item #5 - Ordinance No. 2025-30 To Regulate the Operation of Golf Carts within the City of North Augusta Including Nighttime Use – Second Reading, specifically on golf cart use on specific streets that are 35mph. Page 1 of 2 DRAFT AGENDA: CITY OF NORTH AUGUSTA CITY COUNCIL MEETING December 15, 2025 – 6:00 p.m. – Municipal Center – 100 Georgia Avenue, 3rd Floor - Council Chambers The City Council meeting will be streamed for public viewing online at: • “City of North Augusta – Public Information” on www.Facebook.com • “City of North Augusta Public Information” on www.YouTube.com CITIZEN COMMENTS: Citizens may speak to Mayor and City Council on each item listed on this agenda. The Mayor will call for comments prior to Council’s discussion. Speakers shall give their name and address in an audible tone of voice. Speaker Forms are provided on the credenza at the entrance for speakers desiring that the minutes indicate that they addressed Council on a specific topic. The form will be included as part of the minutes of the meeting. Citizen comments are limited to five minutes. CITIZEN ASSISTANCE: Individuals needing special assistance or sign interpreter to participate in the meeting, please notify the Administration Department 48 hours prior to the meeting. 1. CALL TO ORDER 2. INVOCATION AND PLEDGE OF ALLEGIANCE 3. ROLL CALL 4. APPROVAL OF MINUTES: • Regular City Council Meeting minutes of December 1, 2025 • Study Session minutes of December 8, 2025 OLD BUSINESS 5. PUBLIC SAFETY: Ordinance No. 2025-30 To Regulate the Operation of Golf Carts within the City of North Augusta Including Nighttime Use – Second Reading NEW BUSINESS 6. CITY COUNCIL: Oath of Office of New Municipal Judge Administered by Mayor Briton S. Williams 7. PLANNING & DEVELOPMENT: Resolution No. 2025-40 Accepting a Deed of Dedication for the Streets, Sanitary Sewer, Stormwater Collection and Fire Suppression Systems, and Associated Easements and Rights of Way, Along with a Maintenance Guarantee and Letter of Credit, for Wrenfield at Chanticleer, Phase A 8. PARKS & RECREATION: Resolution No. 2025-41 Establishing Fishing Access and Other Usage Rules in the City of North Augusta Public Waterways 9. ADMINISTRATION: Resolution No. 2025-42 Authorizing the City of North Augusta to Enter into a Contract for the MASC Impact Grant-Funded "4 Minute Community" Program ATTACHMENT #1 Page 1 of 2 Page 2 of 2 10. ADMINISTRATIVE REPORT(S) 11. PRESENTATIONS/COMMUNICATIONS/RECOGNITION OF VISITORS: A. Citizen Comments: At this time, citizens may speak to Mayor and City Council regarding matters not listed on the agenda. Speakers shall give their name and address for the records. Speaker Forms are provided on the credenza for speakers desiring that the minutes indicate that they addressed Council on a specific topic. The form will be included as part of the minutes of the meeting. Citizen comments are limited to five minutes. B. Council Comments 12. ADJOURNMENT ATTACHMENT #1 Page 2 of 2 FINANCE: • Cycle 2 due date is December 19 o Bills were mailed timely on November 24 • Cycle 1 due date is January 3 o Bills were mailed timely on December 10 • Finance Department will be closing on December 10 from 11:30am - 1:30pm for the staff to attend the Annual Employee Luncheon HUMAN RESOURCES: • See the following page for the Employment Opportunities list • 2025 Employee Recognition Luncheon – Details Attached ENGINEERING AND PUBLIC WORKS: • Walnut Lane Boardwalk Repairs – Repairs were started last week, and will continue at least through the end of this week • Street Sign Replacement – Crews are replacing street name signs along Georgia and Martintown Roads, and in various neighborhoods including: Andrew’s Branch, Arbor Place, Bentley Place, Bergen Place, Bergen Place West, Butler’s Mill, Oak Creek, The Village at Bergen Place, Walnut Grove, Wando Woodlands, Whatley Place, and Woodstone. Replacement overhead signs are in-hand and will be replaced by contractor. PLANNING AND DEVELOPMENT: • Planning Commission meeting on Wednesday, December 17 PUBLIC SERVICES: • Arbor Day Tree Planting Event at Living History Park - Thursday, December 11, at 1:00pm (See Attached flyer for details) • Creighton Park - Public Utilities is scheduled this week to install new water and wastewater taps for the new public restrooms PUBLIC SAFETY: • Public Safety held their end of the year dinner on Friday Night: o SRO Nicholas Lebby was honored as Officer of the Year o Dispatcher Felicia Barfield was honored as Employee of the Year o Volunteer FF Susan Baskins was honored as Firefighter of the Year • Our annual Santa Run will be going on Thursday, Friday, and Saturday nights PARKS AND RECREATION: • LWCF grants submitted on Friday, will be late July before knowing status of application and October before grants awarded. Next up, Recreation Trails Grant that is due January 23. City would have a $25,000 grant match. • Youth Basketball Program will tip off the season this Friday and Saturday with 86 teams playing before breaking for the Christmas holidays. • Interviewing candidates for Activities Center Coordinator and Grounds Worker III positions. • Will be meeting next week with Parks & Recreation Advisory Board to review City Christmas decorations. TOURISM: • North Augusta Chamber of Commerce Power Lunch at the Community Center - Tuesday, December 9 at 11:30am • Winter Whirl Ice Skating continues at the Sharon Jones Amphitheater through January 2 • Visit Explore North Augusta’s Website or download the Explore North Augusta App for more details and upcoming events: o https://explorenorthaugusta.com DEPARTMENT DETAILS for December 8, 2025 ATTACHMENT #2 Page 1 of 4 To apply and to see full job descriptions please visit www.northaugustasc.gov/jobs. You may also contact Human Resources for more information at 803-442-5712 or sking@northaugustasc.gov. The City of North Augusta is an Equal Opportunity Employer EMPLOYMENT OPPORTUNITIES Center Coordinator – RVP Activities Center Grade: 8 Salary/Pay Rate: $18.25 - $21.90/hour Closing Date: Until Filled City Solicitor – Municipal Courts Grade: 26 Salary/Pay Rate: $37.29 - $44.75/hour Closing Date: 12/31/2025 Communications Technician I – Public Safety Grade: 10 Salary/Pay Rate: $20.24 - $24.29/hour Closing Date: Until Filled Environmental Systems Operator III – Water Production Grade: 13 Salary/Pay Rate: $23.24 - $27.88/hour Closing Date: Until Filled Firefighter – Public Safety Grade: 4 Salary/Pay Rate: $14.25 - $17.11/hour Closing Date: Until Filled Grounds Worker III – Parks & Recreation Grade: 7 Salary/Pay Rate: $17.25 - $20.70/hour Closing Date: Until Filled Heavy Equipment Mechanic I – Sanitation Grade: 9 Salary/Pay Rate: $19.24 – $23.09/hour Closing Date: Until Filled Maintenance Worker III – Public Utilities Grade: 8 Salary/Pay Rate: $18.79 - $22.55/hour Closing Date: Until Filled Public Safety Officer – Public Safety Grade: 16 Salary/Pay Rate: $24.54 - $29.45/hour Closing Date: Until Filled Utilities Supervisor – Public Utilities Grade: 18 Salary/Pay Rate: $29.07 – $34.88/hour Closing Date: Until Filled Utility Technician – Public Utilities Grade: 9 Salary/Pay Rate: $19.24 – $23.09/hour Closing Date: Until Filled ATTACHMENT #2 Page 2 of 4 ATTACHMENT #2 Page 3 of 4 Rain Date: Thursday December 11th, at 1pm. ATTACHMENT #2 Page 4 of 4 PRESENTATION Georgia Avenue Traffic Calming and Pedestrian Access Study Project Update December 8, 2025 ATTACHMENT #3Ai Page 1 of 17 25,000 22,250 20,250 18,000 17,750 18,250 Georgia Avenue Weekday Average Daily Traffic (August 2022) ATTACHMENT #3Ai Page 2 of 17 41,000 36,500 33,250 29,500 29,000 30,000 Georgia Avenue Estimated Future Traffic Year 2047 Based on 2% Annual Growth ATTACHMENT #3Ai Page 3 of 17 Crash and Safety Analysis(2016 – 2021) •Crash Hot Spots: •W Buena Vista Ave •Block of Pine Grove Ave to Spring Grove Ave •Carolina Ave/Jackson Ave •Martintown Rd ATTACHMENT #3Ai Page 4 of 17 Property/Business Owners WorkshopOctober 2022 •Concerns regarding on-street parking •Angled parking difficult to back out into oncoming traffic •Potential reduction of parking based on project recommendations •Delivery trucks occupying on- street parking •Desire for improved pedestrian crossings and streetscapes •Perceived speeding issues ATTACHMENT #3Ai Page 5 of 17 Public Engagement WorkshopNovember 2022 •Concerns regarding traffic and congestion •Perceived speeding issues •Improved walkability and more distinct crosswalks •Explore opportunity to shift traffic to West Avenue •Streetscape and beautification improvements ATTACHMENT #3Ai Page 6 of 17 Improved Mid-Block Crossings Pedestrian Safety Strategies ATTACHMENT #3Ai Page 7 of 17 Recommendations RRFB Crossing with In-Road Lights In-Road Warning Lights Reconstruct Pedestrian Ramps ATTACHMENT #3Ai Page 8 of 17 Rectangular Rapid Flashing Beacon ATTACHMENT #3Ai Page 9 of 17 Corridor ImprovementsCenter Street to Clifton Ave NARROW TRAVEL LANES TO 11’ ATTACHMENT #3Ai Page 10 of 17 NARROW TRAVEL LANES TO 11’ Georgia Ave at Buena Vista Ave Intersection ATTACHMENT #3Ai Page 11 of 17 Georgia Ave at Pine Grove Ave Intersection NARROW TRAVEL LANES TO 11’ ATTACHMENT #3Ai Page 12 of 17 Corridor ImprovementsPine Grove Ave to Spring Grove Ave NARROW TRAVEL LANES TO 11’ ATTACHMENT #3Ai Page 13 of 17 Corridor ImprovementsSpring Grove Ave to Jackson Ave ATTACHMENT #3Ai Page 14 of 17 On-Street Parking Impacts •Total Existing Parking on Georgia Avenue = 58 angled spaces •Total Proposed Parking on Georgia Avenue = 40 parallel spaces Georgia Avenue On-Street Parking Comparison Segment Existing Proposed East Side West Side Total East Side West Side Total Pine Grove to Spring Grove 15 17 32 14 9 23 Spring Grove to Jackson 19 7 26 13 5 18 Totals 34 24 58 27 14 41 15 Angle 14 Parallel 19 Angle 13 Parallel 17 Angle 9 Parallel 7 Angle 5 Parallel ATTACHMENT #3Ai Page 15 of 17 Next Steps •Continued coordination with City staff and leadership •Implement comments and feedback from City staff •Coordinate with City staff for landscape plans •Coordination with SCDOT o Prepare and submit plans for permit ATTACHMENT #3Ai Page 16 of 17 Thank you! Joe Robertson, P.E., PTOE, RSP2IKimley-Horn and Associates, Inc.Joseph.Robertson@kimley-horn.com803-403-8557 ATTACHMENT #3Ai Page 17 of 17 Riverside Village Property Acquisition Discussion 8 December 2025 ATTACHMENT #3Aii Page 1 of 8 DOE Funds $2M Transfer Station Ongoing –all tasks to be completed in 2026 $15M Cyber Infrastructure Proposed 8 December 2025 $20M New Savannah Bluff Lock & Dam Pending mediation/litigation with Corps of Engineers ATTACHMENT #3Aii Page 2 of 8 Parcel B Parcel D ATTACHMENT #3Aii Page 3 of 8 ATTACHMENT #3Aii Page 4 of 8 Cyber Infrastructure Concept Parcel D can support up to approximately 80,000 square feet of office space (as per engineering analysis) Parking for cyber building on Parcel D requires dedicated parking in Parcel B (stadium deck) Base cost for real estate is $5M + tax credits (build cost of stadium deck approx $9M) ATTACHMENT #3Aii Page 5 of 8 Advisor Presentation ATTACHMENT #3Aii Page 6 of 8 Guidance Requested Staff recommendation: Allow for staff to coordinate actions for Council actions to purchase Riverside Village Parcels B (stadium deck) & D (vacant land) ATTACHMENT #3Aii Page 7 of 8 Riverside Village Property Acquisition Discussion 8 December 2025 ATTACHMENT #3Aii Page 8 of 8 1First Tryon Advisors (1) Financial model update (actual revenues vs. projected revenues) Walter Goldsmith First Tryon Advisors (2)Next steps related to legal documents, parties and process Joe Lucas Pope Flynn Group City Acquisition of Parcels B and D Topics for Discussion ATTACHMENT #3Aii - Advisor Presentation Page 1 of 14 Actual Revenues vs. Projected Revenues Financial Model Update ATTACHMENT #3Aii - Advisor Presentation Page 2 of 14 3First Tryon Advisors The 2017B IPRB was issued with a 31-year final maturity and average annual debt service of $4.5 million 2017B IPRB Financing Debt Service - 1,000,000 2,000,000 3,000,000 4,000,000 5,000,000 6,000,000 7,000,000 20 1 7 20 1 8 20 1 9 20 2 0 20 2 1 20 2 2 20 2 3 20 2 4 20 2 5 20 2 6 20 2 7 20 2 8 20 2 9 20 3 0 20 3 1 20 3 2 20 3 3 20 3 4 20 3 5 20 3 6 20 3 7 20 3 8 20 3 9 20 4 0 20 4 1 20 4 2 20 4 3 20 4 4 20 4 5 20 4 6 20 4 7 20 4 8 Annual Principal and Interest Payments Principal Interest ATTACHMENT #3Aii - Advisor Presentation Page 3 of 14 4First Tryon Advisors In 2017, the City had projected revenues to be available to cover annual debt service payments by 1.13x Projected Revenue Sources vs. Debt Service - 1,000,000 2,000,000 3,000,000 4,000,000 5,000,000 6,000,000 7,000,000 20172018 201920202021 20222023202420252026202720282029203020312032203320342035 2036203720382039204020412042204320442045204620472048 Annual Payments vs. Projected Available Revenues Principal Interest Revenues Available to Pay Debt Service ATTACHMENT #3Aii - Advisor Presentation Page 4 of 14 5First Tryon Advisors In 2017, the City had projected revenues to be available to cover annual debt service payments by 1.13x Projected Revenue Sources vs. Debt Service Year End 12/31 Existing TIF Revenues New TIF Revenues Net Parking Revenues Hotel Accommodation Tax Revenues Hospitality Tax Revenues Baseball Stadium Revenues Revenues Available to Pay Debt Service 2017 542,826 76,910 --693,600 -1,313,336 2018 569,603 76,910 453,000 171,083 707,472 580,000 2,558,068 2019 597,184 76,910 481,905 174,504 771,621 580,000 2,682,125 2020 625,592 1,668,187 485,843 189,478 836,054 580,000 4,385,154 2021 654,852 1,668,187 489,816 199,124 852,775 580,000 4,444,753 2022 684,990 1,775,200 493,822 209,080 869,830 380,000 4,412,922 2023 716,032 1,775,200 497,862 213,262 887,227 380,000 4,469,583 2024 748,005 1,775,200 501,936 217,527 904,972 380,000 4,527,640 2025 780,937 1,775,200 556,046 221,878 923,071 380,000 4,637,132 2026 814,858 1,775,200 560,690 226,315 941,532 380,000 4,698,596 2027 849,796 2,041,480 565,374 230,842 960,363 380,000 5,027,855 2028 885,782 2,041,480 570,099 235,459 979,570 380,000 5,092,390 2029 922,848 2,041,480 574,865 240,168 999,162 380,000 5,158,523 2030 961,026 2,041,480 579,672 244,971 1,019,145 380,000 5,226,294 2031 1,000,349 2,041,480 584,520 249,870 1,039,528 310,000 5,225,748 2032 1,040,851 2,347,702 589,411 254,868 1,060,318 310,000 5,603,150 2033 1,082,569 2,347,702 594,343 259,965 1,081,525 310,000 5,676,104 2034 1,125,539 2,347,702 599,317 265,165 1,103,155 310,000 5,750,878 2035 1,169,797 1,288,001 604,335 270,468 1,125,218 310,000 4,767,819 2036 1,215,383 1,288,001 609,395 275,877 1,147,723 310,000 4,846,379 2037 1,262,337 1,481,201 614,499 281,395 1,170,677 310,000 5,120,109 2038 1,310,700 1,481,201 619,646 287,023 1,194,091 310,000 5,202,660 2039 1,360,513 1,481,201 624,838 292,763 1,217,973 310,000 5,287,287 2040 1,411,821 1,481,201 630,073 298,618 1,242,332 310,000 5,374,045 2041 1,464,668 1,481,201 635,354 304,591 1,267,179 310,000 5,462,992 2042 1,519,100 1,703,381 640,679 310,683 1,292,522 310,000 5,776,365 2043 1,575,165 1,703,381 646,050 316,896 1,318,373 310,000 5,869,865 2044 1,632,913 1,703,381 651,466 323,234 1,344,740 310,000 5,965,734 2045 1,692,392 1,703,381 656,929 329,699 1,371,635 310,000 6,064,036 2046 1,753,656 1,703,381 662,437 336,293 1,399,068 310,000 6,164,835 2047 1,816,758 1,958,888 667,993 343,019 1,427,049 310,000 6,523,707 2048 1,881,753 1,958,888 673,595 349,879 1,455,590 310,000 6,629,706 Total 35,670,594 52,110,301 18,115,810 8,123,996 34,605,091 11,320,000 159,945,791 - 1,000,000 2,000,000 3,000,000 4,000,000 5,000,000 6,000,000 7,000,000 Annual Debt Service vs. Available Revenues Principal Interest Revenues Available to Pay Debt Service ▪In 2017, the City had projected available revenue sources to be sufficient to provide 1.13x coverage on the 2017B IPRB debt service. ▪The revenue sources included TIF revenues, net parking revenues, hotel accommodation tax revenues, hospitality tax revenues, and baseball stadium revenues. ATTACHMENT #3Aii - Advisor Presentation Page 5 of 14 6First Tryon Advisors In 2017, the City had projected revenues to be available to cover annual debt service payments by 1.13x Projected Revenue Sources vs. Debt Service Year End 12/31 Existing TIF Revenues New TIF Revenues Net Parking Revenues Hotel Accommodation Tax Revenues Hospitality Tax Revenues Baseball Stadium Revenues Revenues Available to Pay Debt Service 2017 542,826 76,910 --693,600 -1,313,336 2018 569,603 76,910 453,000 171,083 707,472 580,000 2,558,068 2019 597,184 76,910 481,905 174,504 771,621 580,000 2,682,125 2020 625,592 1,668,187 485,843 189,478 836,054 580,000 4,385,154 2021 654,852 1,668,187 489,816 199,124 852,775 580,000 4,444,753 2022 684,990 1,775,200 493,822 209,080 869,830 380,000 4,412,922 2023 716,032 1,775,200 497,862 213,262 887,227 380,000 4,469,583 2024 748,005 1,775,200 501,936 217,527 904,972 380,000 4,527,640 2025 780,937 1,775,200 556,046 221,878 923,071 380,000 4,637,132 2026 814,858 1,775,200 560,690 226,315 941,532 380,000 4,698,596 2027 849,796 2,041,480 565,374 230,842 960,363 380,000 5,027,855 2028 885,782 2,041,480 570,099 235,459 979,570 380,000 5,092,390 2029 922,848 2,041,480 574,865 240,168 999,162 380,000 5,158,523 2030 961,026 2,041,480 579,672 244,971 1,019,145 380,000 5,226,294 2031 1,000,349 2,041,480 584,520 249,870 1,039,528 310,000 5,225,748 2032 1,040,851 2,347,702 589,411 254,868 1,060,318 310,000 5,603,150 2033 1,082,569 2,347,702 594,343 259,965 1,081,525 310,000 5,676,104 2034 1,125,539 2,347,702 599,317 265,165 1,103,155 310,000 5,750,878 2035 1,169,797 1,288,001 604,335 270,468 1,125,218 310,000 4,767,819 2036 1,215,383 1,288,001 609,395 275,877 1,147,723 310,000 4,846,379 2037 1,262,337 1,481,201 614,499 281,395 1,170,677 310,000 5,120,109 2038 1,310,700 1,481,201 619,646 287,023 1,194,091 310,000 5,202,660 2039 1,360,513 1,481,201 624,838 292,763 1,217,973 310,000 5,287,287 2040 1,411,821 1,481,201 630,073 298,618 1,242,332 310,000 5,374,045 2041 1,464,668 1,481,201 635,354 304,591 1,267,179 310,000 5,462,992 2042 1,519,100 1,703,381 640,679 310,683 1,292,522 310,000 5,776,365 2043 1,575,165 1,703,381 646,050 316,896 1,318,373 310,000 5,869,865 2044 1,632,913 1,703,381 651,466 323,234 1,344,740 310,000 5,965,734 2045 1,692,392 1,703,381 656,929 329,699 1,371,635 310,000 6,064,036 2046 1,753,656 1,703,381 662,437 336,293 1,399,068 310,000 6,164,835 2047 1,816,758 1,958,888 667,993 343,019 1,427,049 310,000 6,523,707 2048 1,881,753 1,958,888 673,595 349,879 1,455,590 310,000 6,629,706 Total 35,670,594 52,110,301 18,115,810 8,123,996 34,605,091 11,320,000 159,945,791 - 1,000,000 2,000,000 3,000,000 4,000,000 5,000,000 6,000,000 7,000,000 Annual Debt Service vs. Available Revenues Principal Interest Revenues Available to Pay Debt Service ▪In 2017, the City had projected available revenue sources to be sufficient to provide 1.13x coverage on the 2017B IPRB debt service. ▪The revenue sources included TIF revenues, net parking revenues, hotel accommodation tax revenues, hospitality tax revenues, and baseball stadium revenues. ATTACHMENT #3Aii - Advisor Presentation Page 6 of 14 7First Tryon Advisors Actual revenues trailed projections initially, but have exceeded projections since FY 2021 Projected vs. Actual Revenues FY TIF Revenues Parking A Tax H Tax Stadium Total 2017 619,736 --693,600 -1,313,336 2018 646,514 453,000 171,083 707,472 580,000 2,558,068 2019 674,094 481,905 174,504 771,621 580,000 2,682,125 2020 2,293,779 485,843 189,478 836,054 580,000 4,385,154 2021 2,323,039 489,816 199,124 852,775 580,000 4,444,753 2022 2,460,190 493,822 209,080 869,830 380,000 4,412,922 2023 2,491,232 497,862 213,262 887,227 380,000 4,469,583 2024 2,523,205 501,936 217,527 904,972 380,000 4,527,640 Projected Revenues (2017): Actual Revenues: FY TIF Revenues Parking A Tax H Tax Stadium Total 2017 613,830 --735,845 -1,349,675 2018 751,051 108,885 -804,551 468,335 2,132,823 2019 804,991 128,498 108,760 894,087 586,128 2,522,464 2020 1,717,091 42,243 58,657 846,410 437,337 3,101,738 2021 3,878,726 99,689 117,444 1,067,584 486,453 5,649,895 2022 3,318,251 (34,456)155,092 1,176,529 540,471 5,155,888 2023 3,428,984 1,914 196,423 1,283,106 541,625 5,452,051 2024 3,801,864 179,606 218,694 1,364,340 544,383 6,108,886 ATTACHMENT #3Aii - Advisor Presentation Page 7 of 14 8First Tryon Advisors Actual revenues trailed projections initially, but have exceeded projections since FY 2021 Projected vs. Actual Revenues ▪Beginning in FY 2021, the City’s actual revenue collections began to exceed the projected revenues. ▪All revenue sources are outperforming projections with the exception of Parking Revenues, which have trailed projections every year. –A-Tax revenue historically trailed projections but slightly exceeded projections in FY 2024. FY TIF Revenues Parking A Tax H Tax Stadium Total 2017 619,736 --693,600 -1,313,336 2018 646,514 453,000 171,083 707,472 580,000 2,558,068 2019 674,094 481,905 174,504 771,621 580,000 2,682,125 2020 2,293,779 485,843 189,478 836,054 580,000 4,385,154 2021 2,323,039 489,816 199,124 852,775 580,000 4,444,753 2022 2,460,190 493,822 209,080 869,830 380,000 4,412,922 2023 2,491,232 497,862 213,262 887,227 380,000 4,469,583 2024 2,523,205 501,936 217,527 904,972 380,000 4,527,640 Projected Revenues (2017): Actual Revenues: FY TIF Revenues Parking A Tax H Tax Stadium Total 2017 613,830 --735,845 -1,349,675 2018 751,051 108,885 -804,551 468,335 2,132,823 2019 804,991 128,498 108,760 894,087 586,128 2,522,464 2020 1,717,091 42,243 58,657 846,410 437,337 3,101,738 2021 3,878,726 99,689 117,444 1,067,584 486,453 5,649,895 2022 3,318,251 (34,456)155,092 1,176,529 540,471 5,155,888 2023 3,428,984 1,914 196,423 1,283,106 541,625 5,452,051 2024 3,801,864 179,606 218,694 1,364,340 544,383 6,108,886 - 1,000,000 2,000,000 3,000,000 4,000,000 5,000,000 6,000,000 7,000,000 2017 2018 2019 2020 2021 2022 2023 2024 2017 IPRB Debt Service Projected Revenues Actual Revenues ATTACHMENT #3Aii - Advisor Presentation Page 8 of 14 9First Tryon Advisors Actual revenues trailed projections initially, but have exceeded projections since FY 2021 Projected vs. Actual Revenues ▪Beginning in FY 2021, the City’s actual revenue collections began to exceed the projected revenues. ▪All revenue sources are outperforming projections with the exception of Parking Revenues, which have trailed projections every year. –A-Tax revenue historically trailed projections but slightly exceeded projections in FY 2024. FY TIF Revenues Parking A Tax H Tax Stadium Total 2017 619,736 --693,600 -1,313,336 2018 646,514 453,000 171,083 707,472 580,000 2,558,068 2019 674,094 481,905 174,504 771,621 580,000 2,682,125 2020 2,293,779 485,843 189,478 836,054 580,000 4,385,154 2021 2,323,039 489,816 199,124 852,775 580,000 4,444,753 2022 2,460,190 493,822 209,080 869,830 380,000 4,412,922 2023 2,491,232 497,862 213,262 887,227 380,000 4,469,583 2024 2,523,205 501,936 217,527 904,972 380,000 4,527,640 Projected Revenues (2017): Actual Revenues: FY TIF Revenues Parking A Tax H Tax Stadium Total 2017 613,830 --735,845 -1,349,675 2018 751,051 108,885 -804,551 468,335 2,132,823 2019 804,991 128,498 108,760 894,087 586,128 2,522,464 2020 1,717,091 42,243 58,657 846,410 437,337 3,101,738 2021 3,878,726 99,689 117,444 1,067,584 486,453 5,649,895 2022 3,318,251 (34,456)155,092 1,176,529 540,471 5,155,888 2023 3,428,984 1,914 196,423 1,283,106 541,625 5,452,051 2024 3,801,864 179,606 218,694 1,364,340 544,383 6,108,886 - 1,000,000 2,000,000 3,000,000 4,000,000 5,000,000 6,000,000 7,000,000 2017 2018 2019 2020 2021 2022 2023 2024 2017 IPRB Debt Service Projected Revenues Actual Revenues ATTACHMENT #3Aii - Advisor Presentation Page 9 of 14 Legal documents, parties, and process Next Steps ATTACHMENT #3Aii - Advisor Presentation Page 10 of 14 11First Tryon Advisors (1)Two (2) Purchase and Sale Agreements (2)Ordinance Approving Major Modification to General Development Plan for Hammond’s Ferry (3) Fifth Amendment to Master Development Agreement (4) Amended and Restated Master Parking Agreement (5) Second Amendment to Parking Operating Agreement (Hotel Deck) (6) Replace Parking Service Management Agreement (Parcel B) (7) Other agreements, as necessary Legal Documents, Parties and Process Next steps ATTACHMENT #3Aii - Advisor Presentation Page 11 of 14 12First Tryon Advisors (1) Two (2) Purchase and Sale Agreements •Acquisition of Parcel B (Stadium Parking Deck Parcel) –City and Riverside Village B Owner •Acquisition of Parcel D (vacant parcel) –City and Riverside Village D Owner •Approved by Resolution –One City Council meeting (2) Ordinance Approving Major Modification to General Development Plan for Hammond’s Ferry •Change use of Parcel D from Retail/Residential to Office and provide for City Ownership of both B and D, as applicable and other corresponding and related changes •Joint Application to Planning Commission from City, Owners of Parcels B and D and Greenstone •Public Hearing ahead of Planning Commission consideration of application •Planning Commission Meeting to consider and vote on application •Two City Council Meetings –First and Second Readings of Ordinance (3) Fifth Amendment to Master Development Agreement •Change use of Parcel D from Retail/Residential to Office and provide for City Ownership of both B and D, as applicable and other corresponding and related changes •Parties include City, Greenstone, Owners Parcels B and D and also C, G, H, I and K •Approved by Ordinance –Two City Council meetings: First Reading/Public Hearing and Second Reading Legal Documents, Parties and Process Next steps ATTACHMENT #3Aii - Advisor Presentation Page 12 of 14 13First Tryon Advisors (4) Amended and Restated Master Parking Agreement •Full amendment and restatement of 2024 amendment and restatement to reflect City’s ownership of all parking facilities •Parties include City and NAPFC, Hotel Owner, South City Partners (or affiliate), Greenjackets, and possibly Parcel A1 Owner, Parcel A2 Owner, Parcel J Owner (5) Second Amendment to Parking Operating Agreement (Hotel Deck) •To conform with the terms of the Amended and Restated Master Parking Agreement and provide further detail regarding the parking arrangements with respect to the Hotel Deck (6) Replace Parking Service Management Agreement (Parcel B) •Current agreement between Riverside Village B Owner and DBH Augusta LLC, as Manager Other agreements, as necessary Legal Documents, Parties and Process Next steps ATTACHMENT #3Aii - Advisor Presentation Page 13 of 14 WWW.FIRSTTRYON.COM MSRB Registrant DISCLAIMER: This communication was prepared by First Tryon Advisors, LLC (“First Tryon Advisors”) and is for informational purposes only and should not be construed as an offer or solicitation to sell or buy any securities. This material does not provide tax, regulatory, accounting, or legal advice. Prior to entering into any proposed transaction, recipients should determine, in consultation with their own investment, legal, tax, regulatory and accounting advisors, the economic risks and merits, as well as the legal, tax, regulatory, and accounting characteristics and consequences, of the proposed transaction. Any proposal included in this communication is confidential information of First Tryon Advisors and is solely for the benefit of the recipient(s), and the recipient(s) is (are) not authorized to sell, redistribute, forward or deliver this communication to any other person without the prior written consent of First Tryon Advisors. The statements within this material constitute the views, perspective and judgment of First Tryon Advisors at the time of distribution and are subject to change without notice. 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ATTACHMENT #3Aii - Advisor Presentation Page 14 of 14 City of North Augusta Utility Billing System Transition Update 8 December 2025 ATTACHMENT #3Aiii Page 1 of 4 •Last Shut-Off: December 17, 2024 •Last Late Fee: February 6, 2025 •Utility billing on-time since August 2025 •Regular billing on time and accurate •Auto drafts continues to function as per normal •Online payment portal is functional •Customers can see invoice history online (new feature) Utility Billing Update ATTACHMENT #3Aiii Page 2 of 4 Late Payments •90 days or more delinquent on payment (1267 accounts), 172 of which haven’t paid any 2025 invoices •Starting January 2026 •Payment Plan needs to be instituted by 31 January 2026 •Advertisement: Facebook, Lobby posting, automated call, posted on their bill •Water bill will be two times their current bill (2025 payments all due by end of 2026) •Shut-offs will be day after the due date •If no payment plan filed in January, 90 day or more delinquent accounts will be turned off during next disconnect cycle •Option to pay full 2025 balance by 31 March •Late Fees start 3 February •Disconnects will start to occur in February 2026 •Customer service line still in place for questions: 803-442-5717 City Billing Way-ahead ATTACHMENT #3Aiii Page 3 of 4 Questions? ATTACHMENT #3Aiii Page 4 of 4