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Council acts to avoid cash crunch

Mon, 09/17/2018

At a budget work session and meeting Monday, November 23, 2015, the Branchville Town Council was informed the ground is still too wet for crews to harvest timber on Town-owned property off Freedom Road.

That means proceeds from the timber sale won't arrive in time to help pay off a one-year loan from Farmers & Merchants Bank of South Carolina that comes due this month. The Town still owes $12,762.49.

Also, the Council needs $14,414 to buy playground equipment immediately while it's still sale priced. Branchville has been awarded a state Parks and Recreation Development grant that eventually will reimburse the Town for most of the expense.

Too, the Council wants the Town to be prepared to ride out the traditionally low-revenue months of December and January.

So the Council voted to extend the loan term and increase the amount borrowed to $40,000.

Mayor Pro Tem Tom Jennings Jr. did not vote because he is a bank officer.

The Council also heard and accepted the recommendation of the Branchville Youth Sports Committee to accept the bid of Cattle Creek Equipment Company in the amount of $64,075 for clearing and grubbing 22 acres upon which an athletic complex will be built near the intersection of Bowman Branch Highway and Classic Road. The athletic complex is a joint project with Orangeburg County so the bid acceptance is not final until the county also acts on the bids.

In other business, the Council:

Agreed to get prices from several garbage collection companies instead of letting the contract with Republic Services roll over for another year.

Gave second-reading approval to the 2016 Town budget.

Encouraged police Capt. Ira James to continue seeking grant money for a new police car, but agreed to set money aside for that purpose in case grant money is not available.

Agreed to sell a surplus 1999 Ford F-150 pickup truck.

Town of Branchville
7644 Freedom Road (P.O. Box 85)
Branchville, SC 29432
(803) 274-8820 or (803) 274-8000
FAX (803) 274-8760