The Chapin Town Council Tuesday heard an update from Utilities Director Andy Metts on a plan from funding engineering and construction of a new waste water treatment plan estimated to cost $14.5 million over 30 years.
Council approved a resolution to apply to the State Revolving Fund for a $10.5 million bond issue for 30 years at 1.9 percent to construct concrete and steel, and a $1.45 million bond issue for 20 years at 1.9 percent to construct mechanicals and electricals. Total debt service on the bond issues over the first 20 years is projected to be $548,880 per year. After 20 years the debt service rate rises to $2.4 percent, and amounts to $472,524 over the last 10 years of the loan. The Town of Chapin would be asked to contribute $1,981,558 million, with $1 million to be used for equipment purchase.
The financial plan as presented by Metts assumes tap fees of $3,900 each through 2018; $4,200 through 2022, $4,500 through 2027, with a $300 increase every five years thereafter. The initial monthly user fee rate would be $35, with a $5 increase in 2018. Monthly user fee rate increases would be 1.5 percent per year.
Details of the plan are outlined by Metts in the attached vide0
The new plant can serve 8,000 customers. Metts projects that the town will add an average of 120 new taps each year over 30 years.
In other business, Metts reported on the Murray Lindler Road/Old Lexington Highway Roundabout. SCDOT continues their review of the proposed utility relocation plan as presented by the Utility Department staff. To date, the DOT project engineer has not responded to several calls from Town staff nor provided any written communication. The utility relocation is at a standstill until Chapin receives further communication from DOT.
Metts reported resolution of another legal issue. A few years ago, a Town-owned sewer pump station was mistakenly sold by Lexington County at a delinquent tax sale. Subsequent court action determined that the Town should retain ownership of the pump station. This court action was appealed and on April 19, 2017, the appeals court has affirmed the grant of summary judgment. This means the Town has won the case unless there is a petition filed with the Supreme Court.
Town Council voted to create a new RS-3 zoning District and to re-zone all of Revelstone Subdivision from RG to RS-3.
Council voted to re-zone property at 161 Columbia Avenue (across Lexington Avenue from Wells Fargo Bank) from RS-1 (Residential) to General Commercial.
Council proclaimed May 14-20 as “Food Allergy Awareness Week” and resolved to commend Chapin’s American Legion Post 193 for their support of We Care, the Community Food Bank.
Gerald Meetze and Eagle Scout Jake Powers reported on recently completed welcome sign projects, and on plans for redesign of the Town Square at a cost estimated at $54,000. The Arbor Day committee homes to fund the proposed improvements through grants and donations, and is requesting contributions from the town in next year’s budget.
Council also approved a contract to lease a town-owned house and property (formerly the Cholie Slice residence) for a base fee of $850 per month.
After executive session, council voted to offer the McNair Law Firm a contract for legal services for the Waste Water Treatment Plant Project.