The Aiken County Council approved a third and final vote, with a public hearing during its Tuesday meeting, to issue general obligation bonds not to exceed $12 million to repair and replace the Langley Dam.

The S.C. House of Representatives has added an additional $415 million to the state budget to fund road infrastructure improvement. $365 million will go to the State Highway Fund, and the remainder is earmarked for various county committees.

The amended I-526 resolution, while no longer binding future councils to the agreement, still requires Charleston County to pay more than $353 million to cover cost overruns for the transportation infrastructure project.

Through partnerships with utilities, regulators, and business development groups, Cyprus Creek Renewables plans to invest $30 million in long-term solar energy projects. 

The IRS is preliminarily challenging the tax-exempt status of bonds issued in December 2010 by the Three Rivers Solid Waste Authority in South Carolina to provide permanent financing for a system to treat and deliver methane gas from a landfill site to Kimberly-Clark Corp.

Greenville New Markets Opportunity II has deployed $9 million of New Market Tax Credits for the development of an agribusiness programs. The program will be located at the former site of the Charleston Naval Exchange Building.

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