Aiken County Council trims jail debt by up to four million
The Aiken County Council approved an 8-1 vote to use about four million dollars from the debt service fund to reduce the 12 million jail financing. Councilman Hightower opposed moving debt service funds, urging caution and noting potential use against other bonds. County Administrator Shepherd confirmed roughly four million sits in the debt fund balance and stressed bonds were issued at a low rate with expectations rates won’t rise. Councilwoman McKenzie said a forthcoming report on interest will guide a cost-saving path before bonds are issued.
MENTIONED IN THIS ARTICLE
Aiken County
Willar Hightower
Hightower
William Shepherd
Shepherd
LaVana McKenzie
Judges reject refund claims in gambling lawsuit
A federal judge tossed one refund claim amid a suit alleging operators kept players' winnings from unwinnable jackpots. The ruling rejects the notion gamblers were unaware funds might not be returned and leaves the legality of the games to a state Supreme Court decision.
MENTIONED IN THIS ARTICLE
Anderson
Argu
State Supreme Court
TEC Gas Grills and Finishing Systems Cited in Decision
A Columbia based company founded in 1961 makes gas grills for home use and restaurant equipment such as griddles and infra red charbroilers for Quincys and Shoney s. It also supplies finishing systems for automotive and industrial coatings. Deep job cuts at SRS allowed Aiken County preferential job transfer and tax incentives.
MENTIONED IN THIS ARTICLE
TEC
Quincy’s
Shoney's
SRS
Aiken County
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