From Building to be redeveloped


County to be reimbursed for $150,000

By Charles Warner - cwarner@s24511.p831.sites.pressdns.com



Charles Warner | The Union Times The old From Building at 101 West Main Street in downtown Union is currently owned by Union County which is in the process of transferring it to a company that will renovate and redevelop it. Union County Council voted unanimously Tuesday to approve first reading of an ordinance transferring the property to a company call 101 W Main, LLC which will renovate the building to serve, on its lower level, as commercial retail, restaurant, or office space, and, on its upper level, as student housing.


UNION COUNTY — The renovation and redevelopment of the From Building, loans to two fire departments, expanding a multi-county industrial park, an agreement to get the county’s debts collected, and the country being reimbursed for $150,000 were among the items approved by Union County Council this week.

Appointments

Tuesday’s meeting began with council considering two appointments to the Union County Tax Assessor’s Board.

The board is made up of seven seats with six of the seats representing the six Union County Council districts with each district’s council member making the appointments to their respective district’s seats. The seventh seat is the at-large seat and is appointed by the county supervisor.

The appointments under consideration at Tuesday’s meeting were for the District 3 and District 6 seats.

In District 6, Council Member Kacie Petrie appointed Casie Jolly to the seat while in District 3 Councilman David Sinclair reappointed Jimmy Maness.

Council voted unanimously to approve both appointments.

Loans

In other business, council voted unanimously approve no interest loans in the following amounts to the following fire departments for the following projects:

• $7,000 for Philippi Fire Department for the purchase of a vehicle.

• $8,000 for Southside Fire Department for the replacement of the roof on the department’s fire station.

Ordinances

Council also voted unanimously to approve the following two economic development-related ordinances.

• From Building

The first approved was second reading of the ordinance transferring ownership of the old From Building at 101 West Main Street in downtown Union to 101 W. Main, LLC which will renovate and redevelop the property.

The ordinance states that the county seeks to enter into a Development Agreement with 101 W. Main, LLC in order to facilitate the redevelopment of the property. It states that “upon transfer of ownership” of the property, the county “shall have no direct involvement, ownership, or liability associated with the building. The sole role of Union County shall be to verify that 101 W. Main, LLC meets its obligations under the Development Agreement.”

The “Draft Term Sheet” that accompanies the ordinance states that 101 W. Main, LLC agrees to undertake the following “development activities” at the property including:

— “Exterior Building Improvements” described as “General Clean-Up and Repairs” which much be completed within 180 days of the execution of the agreement. The draft term sheet lists the following exteriors improvements to be made:

a. Exterior windows to be repaired or replaced

b. Exterior doors to be repaired or replaced

c. Exterior stucco and other exterior defects shall be repaired

d. Exterior of building to be painted

e. The building’s mechanical, electrical, and plumbing systems to be investigated and upgraded as necessary to meet code at 101 W. Main, LLC’s sole discretion.

— “Interior Lower Level (Lease-Ready)” improvements, most of which are to also be completed within 180 days of the execution of the agreement. Those interior improvements will be:

a. Any structural defects in the lower level to be addressed

b. All interior walls and ceiling to be repaired or replaced per design

c. All interior walls and ceiling to be painted

d. Lower level to be lease-ready shell space for commercial retail, restaurant, or office occupancy. Final occupancy to be up-fitted once tenant has signed a lease and is not included in this 180 day requirement.

— “Upper Level (Student Housing)” improvements which are to be completed within 365 days of the execution of the agreement. The upper level improvements to be made are:

a. Any structural defects in the upper level to be addressed.

b. Upper level to be fully renovated to accommodate student housing for a minimum occupancy of 6 students.

The draft terms sheet also states that “for a period of 10 years, the building must maintain student housing facilities to accommodate a minimum of 6 students as long as the market supports this need.”

It also states that if 101 W Main, LLC fails to meet any of those obligations it will make a “Default Payment” of $20,000 to Union County within 60 days of the county notifying it in writing of the default. It further states that payment will be due immediately and accrue at the rate of $4 a day from the date of the default notification.

It further states that 101 W Main LLC “shall have sole discretion on the design and specifications of the building, understanding the intended uses by Union County are to be Student Housing on the 2nd Floor and commercial retail, restaurant, or office space on the 1st Floor. 101 W Main, LLC will procure the required permits and the design will be vetted through that standard channel of review. However, 101 W Main, LLC will make every effort to coordinate with Union County to ensure the requirements of the development agreement are being met.”

• Multi-County Park Agreement

The second ordinance approved was first reading of an amendment to an agreement entered into by Union County and Spartanburg County in 1994 to facilitate the development of a multi-county industrial park known as the “Wingo Industrial Park” located in Spartanburg County.

The ordinance states that the park agreement between the two counties “contemplates the expansion of the Park by inclusion of additional parcels within the park from time to time, pursuant to ordinances of the county councils of Spartanburg County and Union County.”

The ordinance further states that the counties “now desire to amend the Park Agreement to expand the Park to include certain parcels in Spartanburg County as additional parcels in Park.”

A description of the property included in the ordinance states that the property to be added to Wingo Industrial Park through the expansion totals 30.5248 acres.

Resolutions

Council also approved two resolutions, one of them dealing with the county being reimbursed for the cost of a vehicle for the Carlisle Fire District and the other regarding an agreement to have debts owed the county collected.

• Reimbursement

The first resolution was a declaration of the county’s intention to seek reimbursement for the $150,000 purchase of a vehicle for Carlisle Fire District approved by council in June.

Supervisor Frank Hart explained that the Carlisle Fire District, once it has determined the vehicle it will purchase, that vehicle will be purchased by the county for the district. The county will be reimbursed from proceeds of a lease purchase agreement with the payments coming from a tax levy for the Carlisle Fire District.

• Debt Collection

The second resolution was for approval of a memorandum of understanding between the county and the South Carolina Association of Counties authorizing the association to serve as claimant agent for the county.

The resolution states that “Setoff Debt Collection Act of 2003” and the “Governmental Enterprise Accounts Receivable” program “allow the South Carolina Department of Revenue to render assistance in the collection of delinquent accounts or debts owing to the county.” It further states the county “wishes to increase the collection rate of debts that are due and owing to the County by availing itself” by having the South Carolina Association of Counties serve as its claimant agent pursuant to the provisions of the act and the program.

Reports Accepted

Council also voted unanimously to accept the audits/financial statements from the Union County Tourism Commission, Union County Alcohol & Drug Abuse Commission, Union County Carnegie Library, Union County Chamber of Commerce, and the Union County Development Board.

By law, outside agencies must submit audits/financial statements to county council before they can receive county funding.

Charles Warner | The Union Times The old From Building at 101 West Main Street in downtown Union is currently owned by Union County which is in the process of transferring it to a company that will renovate and redevelop it. Union County Council voted unanimously Tuesday to approve first reading of an ordinance transferring the property to a company call 101 W Main, LLC which will renovate the building to serve, on its lower level, as commercial retail, restaurant, or office space, and, on its upper level, as student housing.
http://www.uniondailytimes.com/wp-content/uploads/2017/07/web1_IMG_1337.jpgCharles Warner | The Union Times The old From Building at 101 West Main Street in downtown Union is currently owned by Union County which is in the process of transferring it to a company that will renovate and redevelop it. Union County Council voted unanimously Tuesday to approve first reading of an ordinance transferring the property to a company call 101 W Main, LLC which will renovate the building to serve, on its lower level, as commercial retail, restaurant, or office space, and, on its upper level, as student housing.
County to be reimbursed for $150,000

By Charles Warner

cwarner@s24511.p831.sites.pressdns.com

Charles Warner can be reached at 864-762-4090.

Charles Warner can be reached at 864-762-4090.

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