(A) There is established by this section the Water Resources Coordinating Council which shall establish the priorities for all sewer, wastewater treatment, and water supply facility projects addressed in this chapter, except as otherwise established by Section 48-6-40. The council shall consist of a representative of the Governor, the Director of the Department of Health and Environmental Control, the Director of the South Carolina Department of Natural Resources, the Director of the Rural Infrastructure Authority, the Secretary of Commerce, the Chairman of the Jobs Economic Development Authority, and the Chairman of the Joint Bond Review Committee. These representatives may designate a person to serve in their place on the council, and the Governor shall appoint the chairman from among the membership of the council for a one-year term. The council shall establish criteria for the review of applications for projects. Not less often than annually, the council shall determine its priorities for projects. The council after evaluating applications shall notify the authority of the priority projects. The South Carolina Jobs Economic Development Authority shall provide the staff to receive, research, investigate, and process applications for projects made to the coordinating council and assist in the formulating of priorities. Upon notification by the council, the authority shall proceed under the provisions of this chapter. The authority may consider applications for projects based upon the existence of a documented emergency consistent with regulations that may be promulgated by the authority. In determining which local governments are to receive grants, the local governments shall provide not less than a fifty percent match for any project. The authority may provide financing for the local matching funds on terms and conditions determined by the authority.
(B) The duties of the Water Resources Coordinating Council are:
(1) establish procedures for receipt of applications;
(2) in cooperation with the authority, establish criteria for funding priorities. These criteria, in compliance with the provisions of Chapter 23, Title 1, must include, but are not limited to, the following factors:
(a) regional development - the need for multijurisdictional projects and the cooperation and coordination for regional economic development projects;
(b) development potential - the degree to which economic development activity can be stimulated in any given area and infrastructure used as a proactive economic development tool;
(c) economic impact - the degree to which jobs and income can be generated if the infrastructure improvements were made;
(d) local commitment and initiative - the availability of the local fifty percent match and local recognition of complimentary infrastructure needs including, but not limited to, such needs as transportation;
(e) infrastructure need - the degree to which specific infrastructure problems can be addressed and solved;
(f) area economic need - the degree of local "distress" and need for economic assistance, particularly in less developed or rural areas of the State;
(g) creditworthiness - the financial soundness of the infrastructure project, including the availability or lack of other funds to finance the infrastructure project;
(h) public health and welfare - to meet public health and welfare requirements within the local area;
(3) provide to the authority, on an as-needed basis, technical assistance from their respective agencies for purposes of screening funding applications;
(4) establish the funding priorities. The authority may not deviate from the priorities established by the council except for emergency projects as previously described. When setting its priorities, the council shall establish a set-aside of not less than ten percent of available funds approved in that year to meet unforeseen needs. After having set its priorities, the council shall review the priorities as necessary but not less than once during the year, and the council may adjust the priorities as they consider necessary.
HISTORY: 1988 Act No. 682, Section 2; 1991 Act No. 248, Section 6; 1993 Act No. 181, Section 99A; 1993 Act No. 181, Section 99B; 1994 Act No. 361, Section 8; 2014 Act No. 121 (S.22), Pt VI, Section 16.D, eff July 1, 2015.
Effect of Amendment
2014 Act No. 121, Section 16.D, in subsection (A), substituted "Rural Infrastructure Authority" for "Division of Local Government of the Budget and Control Board".
Structure South Carolina Code of Laws
Chapter 37 - South Carolina Resources Authority Act
Section 11-37-10. Citation of chapter.
Section 11-37-20. Definitions.
Section 11-37-30. South Carolina Resources Authority created.
Section 11-37-45. Funds; transfer of personnel.
Section 11-37-50. Powers of authority.
Section 11-37-60. Authority only to issue refunding bonds; maximum amount of bonds.
Section 11-37-80. Bonds may be secured by pledge.
Section 11-37-90. Bonds as debt of authority only.
Section 11-37-100. Bonds to be authorized by resolution of authority.
Section 11-37-105. Jobs Economic Development Authority to be reimbursed for expenses.
Section 11-37-110. Trust indenture.
Section 11-37-120. Validity of lien of pledge; recording or filing not required.
Section 11-37-130. Purchase of outstanding bonds.
Section 11-37-140. Form and manner of execution of bonds to be prescribed by authority.
Section 11-37-150. Signatures of former members or officers of authority.
Section 11-37-160. Amendments to chapter may not limit vested rights.
Section 11-37-170. Capital reserve funds.
Section 11-37-180. Purchase of local obligations.
Section 11-37-190. State grants.
Section 11-37-200. Water Resources Coordinating Council established.
Section 11-37-210. Tax exempt status of authority.
Section 11-37-220. Bonds as legal investments and securities.
Section 11-37-230. State Treasurer to invest monies of authority.
Section 11-37-240. Annual report.
Section 11-37-250. Construction of chapter.
Section 11-37-260. State Treasurer may withhold monies from defaulting local governments.
Section 11-37-270. Legislative declaration of intent.
Section 11-37-280. Chapter repealed when all bonds are retired.