UNION COUNTY — The Union County EMS will get some assistance from the county in getting a loan to help cover the cost of purchasing two new ambulances.
During its July meeting Tuesday afternoon, Union County Council voted unanimously to authorize the county to serve as co-signer on a loan being taken out by the EMS
Supervisor Tommy Sinclair said the EMS is in the process of purchasing two new ambulances to replace two older ones in its fleet. He said the loan will be used along with funds raised by the Union County Healthcare Foundation and a grant from the Timken Foundation to cover the cost of the new ambulances.
“We’re going to assist the EMS in securing a loan for the new ambulances,” Sinclair said. “Part of it will be paid with the help of the Healthare Foundation and Timken and the remainder of it will be financed with the loan we’re helping EMS obtain.”
EMS Director Ronnie Roberson said the EMS will borrow $371,000 to cover the cost of the ambulances and the equipment that will go in them including stretchers, radios, EKG transmission equipment, and narcotics med vaults to secure controlled substances. He said that 30 days after the money is borrowed the first payment is due and that the EMS will make a $150,000 payment using the grant from the Timken Foundation ($130,000) and the matching funds raised by the Union County Healthcare Foundation ($20,000)
Roberson said that the remainder of the loan will be financed over a 7-year period with payments made yearly. He said EMS will make those payments itself. Roberson said Union County will not have to spend anything to pay off the loan. He said the county’s role is simply to help secure the loan.
In other business, council also voted unanimously to approve second reading of an amendment to a multi-county industrial park agreement with Spartanburg County.
The agreement is for the development of an industrial or business park which will exist within the boundaries of Spartanburg and Union counties.
The amendment will enlarge the boundaries of said park to include additional property presently owned and/or operated by Michelin.
Sinclair said that the amendment to the agreement is designed to accommodate the recently announced expansion by Michelin and to allow it to receive the tax breaks afforded companies whose properties are included in multi-county industrial parks.
Under the terms of mult-county industrial park agreements, companies that have facilities within those park pay reduced taxes on their property. The county in which the park is located receives 99 percent of the tax revenue generated by the parks while the county they’ve partnered with receives one percent.
Sinclair said that amending the ordinance to include the Michelin facility will increase the amount of tax revenue generated by the park. He said this in turn will mean increased revenue for Union County.
The county uses the revenue it receives from its multi-county industrial park agreements to help finance industrial devlopment projects within Union County.