The General Assembly finds that:
(1) The availability of water and sewer services to assist economic development and to provide for the health, safety, and welfare of its people is a very critical matter for this State.
(2) It is appropriate to make it possible for a member of a joint authority water system to utilize certain sources of revenues available to them, including payments in lieu of taxes, to assist in the development of additional water and sewer treatment capacity and the provision of collection and distribution lines.
(3) It is desirable to facilitate a joint authority water and sewer system in accommodating the desires of its members in projects and financings that affect only those members.
HISTORY: 1997 Act No. 74, Section 1; 2007 Act No. 59, Section 1, eff June 6, 2007.
Code Commissioner's Note
This section was classified at the direction of the Code Commissioner.
Effect of Amendment
The 2007 amendment, in item (2), substituted "authority" for "municipal"; and, in item (3), substituted "joint authority water and sewer system" for "joint water system".
Structure South Carolina Code of Laws
Chapter 25 - Joint Authority Water And Sewer Systems Act
Section 6-25-5. Legislative findings.
Section 6-25-25. Authority to purchase, construct, etc., facilities.
Section 6-25-30. Creation of joint systems.
Section 6-25-35. Extension of provisions applicable to water.
Section 6-25-40. Notice of ordinance or resolution creating system; objections; exception.
Section 6-25-70. Change in membership of joint system.
Section 6-25-80. Dissolution of system.
Section 6-25-100. Powers of joint system.
Section 6-25-110. Authorization to incur debt and issue bonds.
Section 6-25-112. Trust agreements or resolutions providing for issuance of bonds.
Section 6-25-113. Revenues from which bonds payable; statement of restriction.
Section 6-25-114. Issuance of refunding bonds.
Section 6-25-115. Financing pools and construction notes.
Section 6-25-120. Repayment of notes, obligations, or bonds.
Section 6-25-125. Charges for services; pledges.
Section 6-25-126. Temporary investment of funds pending disbursements.
Section 6-25-127. Enforcement of bondholder and construction note holder rights.
Section 6-25-128. Contracts between authority and joint system; duration.
Section 6-25-129. Governmental functions; state tax exemption.
Section 6-25-130. Employment or appointment of personnel; rights, privileges, and benefits.
Section 6-25-140. Annual system audit; reports.
Section 6-25-145. Investment by fiduciaries in bonds and construction notes.
Section 6-25-150. Contracts with federal and state government and agencies.
Section 6-25-155. Bonds, interest coupons and construction notes as investment securities.
Section 6-25-160. Tax status of evidences of indebtedness issued by joint system.