COUNTY CAPITAL PROJECTS SALES AND USE TAX -

Summary

Must a special one percent sales and use tax be imposed in Calhoun County, South Carolina for 8 years to raise the amounts specified for the following purposes: Project Description Estimated Cost 1. Joint Calhoun County - St. Matthews Area Water Line Project - Matching funds to obtain $10 million grant to provide for Lake Marion Regional Water Authority water distribution line and related infrastructure to serve the Creston/Midway Area and St. Matthews Area $ 2,500,000 2. Cameron Historical Depot Project - to include renovation of the Historical Depot in Cameron and related improvements, infrastructure, and certain ADA improvements 150,000 3. Calhoun County - Sandy Run Fire District Substation Project - to include the constructing and equipping of a new substation in the Sandy Run Fire District area 240,000 4. Calhoun County - Sandy Run Fire District Ladder Truck Project - to include the acquisition and equipping of a new ladder truck in the Sandy Run Fire District area to support the northern portion of Calhoun County, particularly industry located therein 350,000 5. St. Matthews Demolition and Park Projects - to include the demolition and remediation of the Town’s old town hall and other dilapidated structures on the main roadways, including the dialysis building on F R Huff Drive and the old school by St. Matthews Ballfield, the creation of parks and recreational facilities on the sites of the old town hall and old school, and related infrastructure 520,000 6. St. Matthews Lake Inspiration/Hut Park Project - to include the dredging, beautification, construction and improvement of recreational and fishing facilities and infrastructure at Lake Inspiration/Hut Park and adjacent areas 500,000 7. Calhoun County Animal Shelter Addition Project - to include the constructing and equipping of additional facilities housing dogs and cats on Purple Martin Drive 100,000 8. St. Matthews Downtown Streetscaping Project - to include construction, acquisition and renovations of facilities and infrastructure improving the streetscape in downtown St. Matthews 400,000 9. St. Matthews Public Safety Renovation Project - to include the renovation, construction, improving, and equipping of facilities, to include storage facilities, to serve the Fire Department, Judicial Court, and other public safety functions 200,000 10. Cameron Demolition Projects - to include the demolition of three buildings in the Town of Cameron 250,000 11. Calhoun County Emergency Communications Project - to include the constructing, acquiring, and equipping of facilities and equipment to provide 800 MHZ radio service for emergency service providers in Calhoun County 500,000 12. Calhoun County Ambulance Project - to include the acquisition and equipping of ambulances to be operated by Calhoun County Emergency Services Department 165,000 13 Calhoun County Sandy Run Fire District Tanker Truck Project - to include the purchase of a fire truck to serve the Sandy Run area 267,000 14 Calhoun County Sandy Run Recreation Project – to include the improving and equipping of certain recreational facilities, including batting cages, lighting, field improvements, bleachers, and related infrastructure 100,000 15 Calhoun County New Water Lines Project – to include the construction of new water lines in the Highway 601 – Ft. Motte, Copperhead Lane, and Stabler Hill Road and Carolina Lane in Sandy Run areas and related infrastructure 400,000 Total $6,642,000 and pending the receipt of such sales and use tax, must the County also be authorized to issue and sell, either as a single issue or as several separate issues, general obligation bonds (the “Bonds”) of the County in an aggregate principal amount not exceeding $7,000,000 to defray the costs of the projects listed above plus issuance costs, to be paid from the sales and use tax to be imposed as stated herein and pledged to the payment of the principal of and interest on the Bonds, and, in the event such sales and use tax is inadequate, such bonds shall be payable from ad valorem taxes to be imposed on all taxable property in the County?