The Dillon County Council passed a resolution relating to the declaration of intent by Dillon County, South Carolina, to reimburse certain expenditures made prior to the issuance of federally tax-exempt general obligation bonds or other obligations by the County. County Administrator Young explained that he asked McNair Law Firm, who is our bonding attorneys, to prepare a resolution that will help the county recapture funds that we may have used for Judicial Center and equipment bought last year. This will give the county a chance to go back and recapture funds of GO Bond that will be issued next year. Young told Council that the resolution must be passed in order to give flexibility in the future to collect funds if need be. Councilman Bobby Moody motioned to approve resolution. Councilman Harold Mood seconded. Councilmen Randy Goings, T.F. Finklea, Bobby Moody and Harold Moody were in favor. Councilmen Robbie Coward and Archie Scott opposed. Councilman Stevie Grice did not vote.
County Council Passes Resolution
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