Santee Town Council on Nov. 10 passed three ordinances that will save the town more than $50,000 in financing costs. "These ordinances will enable Santee to save a significant sum of money and provide Santee with added financial flexibility to use in addressing future challenges," Santee Mayor Pro Tempore Sheryl Patrick said. "Mayor Donnie Hilliard deserves a tremendous amount of credit for spearheading the effort, and for working with our advisors to revise prior financing arrangements involving the conference center and our water and sewer system."

It will still mean growing cotton, tobacco, corn and soybeans, but it will also mean producing solar energy. A lot of it. Gov. Nikki Haley's office has announced that Adger Solar plans to invest $200 million in two separate solar farm projects in Clarendon. The promise of new jobs, tax revenue and clean power for the local community is good news all around for a county where economic development and job creation are experiencing a welcome resurgence.

Now that the national election is over, it's time to look at the pressing, persistent policy issue in SC: transportation. SC's roads are terribly underfunded and have been for years. Meanwhile, solid infrastructure is crucial to the growth of business in the state, and a must-have for companies across all industries. Unless SC establishes a consistent funding source right now, it will risk businesses—existing and prospective—fleeing from the state.

Spartanburg City Council on Monday gave the green light to Clerestory Projects Group, a Spartanburg-based project management group, to restore and repurpose historic Cleveland Hall into nine apartments.

The state Public Service Commission has approved a settlement agreement between South Carolina Electric & Gas and the S.C. Small Business Chamber of Commerce that limits to $831 million the increase in construction costs for two new nuclear units near Jenkinsville.

More Southeastern peaches will be grown organically thanks to a $1 million federal grant awarded to Clemson University. Clemson University pomologist Juan Carlos Melgar and pathologist Guido Schnabel are tying paper bags on peaches as they grow on trees, an unconventional method of protecting them from insects and disease while reducing reliance on pesticides.

NCCD-Spartanburg Properties is using $10.2 million in bond funding from the South Carolina JEDA to finance new student housing on the campus of Converse College in Spartanburg. The financing includes $10 million in tax-exempt revenue bonds and $215,000 in taxable bonds.

The House Tax Policy Review Committee held its fourth meeting on Tuesday, October 18th, to hear from the public on issues regarding tax policy in South Carolina.

The Intro Brownfields Finance Course is the industry's only comprehensive training curriculum that helps economic developers, policy makers and real estate professionals understand and master the financing strategies for the lifecycle of a brownfield property. During this course, attendees will walk through the entire brownfields redevelopment process from understanding the basics of brownfields and legal and regulatory challenges to unearthing the myriad financing tools available to both clean-up and build-up these contaminated or polluted sites.

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