P4P PART 3
On Nov. 8, 2022, Sumter County voters will decide on this referendum:
Must a special One Percent Sales And Use Tax be imposed in Sumter County (the “County”) for not more than seven (7) years, to begin when the current Capital Projects Sales Tax ends on or before April 30, 2023, to raise the amounts specified for the following purposes and in order to pay the costs (including rights-of-way acquisition and architectural, engineering, legal, administrative costs, and related fees) of the projects described below; pending the receipt of such sales and use tax, must the County also be authorized to issue and sell, either as a single issue or as several separate issues, General Obligation Bonds (the “Bonds”) of the County in the aggregate principal amount not to exceed $40,000,000.00 to be paid from the Sales And Use Tax to be received and to pledge The Sales And Use Tax to be received to the payment of the principal of and interest on the Bonds?
[TOTAL COST OF ALL CAPITAL PROJECTS: $107,266,500.00.]
The maximum amount of net proceeds of the Sales And Use Tax which may be applied to the payment of the principal of and interest on the County’s General Obligation Bonds (the “Bonds”) must not exceed $50,000,000.00 (based upon expected Sales And Use Tax collections of $117,266,500.00 less administrative expenses of collection). The not-to-exceed $40,000,000.00 principal amount of Bonds to be issued shall be repaid from the net proceeds of the Sales And Use Tax which shall be pledged for the repayment of the Bonds.
INSTRUCTIONS TO VOTERS:
[ ] YES, in favor of imposing the tax and issuing General Obligation Bonds
[ ] NO, opposed to imposing the tax and issuing General Obligation Bonds
If voters approve the referendum by a simple majority, these are the projects that would be funded:
County Fire Trucks
Emergency Radio Pager Upgrades - EMS/Fire/Police
County Paving/Resurfacing
City Fire Trucks
Forensic Center (Sheriff)
Stadium Road Fire Station Reconstruction
Industrial Land Purchase (Gibbs Site)
Black River Industrial Park Infrastructure
Pocotaligo Industrial Park Infrastructure
US 378 Safety Connection Project
Intersection Safety Improvements
Bobby Richardson Park Improvements
South Main Street Building
Rural Gymnatoriums
Delaine and Dubsose Community Centers
South Sumter Gym
Patriot Park Expansion
Mayesville Town Hall/Center
Downtown Accessibility Renovations
Museum Complex
Swan Lake Trailhead and Accessible Playground
Accessible Playgrounds Improvements (County-wide)
Accessible Playgrounds Improvements (City-wide)
Pinewood Sports Complex
Public Services Building
Shot Pouch Park and Greenway Trailhead Enhancement
Downtown Parking Facility
Airport Facility Upgrade
CCTC Classroom Conversion
Pinewood Area Paving
City and County Community Sidewalks/Activity Paths
Pinewood Area Sidewalks/Bus Shelters
Community-wide Acquisition of Distressed Structures
Pinewood Area Blight Removal
CLICK ON THIS MAP TO SEE THE PROPOSED PROJECTS