H 4601 — I-95 Corridor Authority Act

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Document has been reformatted to meet World Wide Web specifications.)                 A bill   TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY ADDING CHAPTER 54 TO TITLE 11 SO AS TO ESTABLISH THE "I-95 CORRIDOR AUTHORITY ACT" AND TO PROVIDE FOR THE COMPOSITION, DUTIES, AND POWERS OF THE AUTHORITY.

  Be it enacted by the General Assembly of the State of South Carolina:

  SECTION 1.  Title 11 of the S.C.

Code is amended by adding:

      CHAPTER 54       I-95 Corridor Authority Act       Section 11-54-5.

This chapter may be cited as the "I-95 Corridor Authority Act."       Section 11-54-10.  There is established the I-95 Corridor Authority.

The authority must:

    (1) carry out economic development, health, and educational improvement activities which, in the opinion of the authority, will improve the economic conditions in its member counties and are located in a member county or an adjacent qualified census tract.

    (2) report to the General Assembly, at least annually, on the progress made related to its charge, any modification of the laws of this State needed to allow the authority to better fulfill its charge, programs, and operations.

      Section 11-54-15.  The authority is a public body, politic and corporate, and an agency of the State and may:

    (1) adopt bylaws, procedures, and regulations for the directors, officers, and employees and for implementation and operation of the programs authorized by this act;

    (2) sue and be sued in its own name;

    (3) enter into contracts, agreements, and instruments and make offers to contract with persons, partnerships, firms, corporations, agencies, or entities, whether public or private, considered desirable in the furtherance of its purpose;

    (4) acquire by purchase, donation, exchange, or otherwise, hold, improve, mortgage, pledge, or otherwise, encumber, manage, lease, convey, transfer, or dispose of any real or personal property, whether tangible or intangible, together with rights and privileges as may be incidental and appurtenant thereto.

To the extent that administrative funds are involved, the authority must comply with the provisions of the South Carolina Consolidated Procurement Code.

To the extent that the liability of the authority is limited to program funds, any acquisition or disposition may be pursuant to public or private sale upon terms and conditions as the authority may approve in accordance with prudent business practices;

    (5) appoint officers, agents, employees, and consultants, prescribe their duties, and fix their compensation;

and     (6) participate in and cooperate with any agency or instrumentality of the United States and with any agency or political subdivision of this State in the administration of any of the programs authorized by this act.

      Section 11-54-20.  The member counties of the authority consist of Allendale, Bamberg, Barnwell, Calhoun, Chesterfield, Clarendon, Colleton, Darlington, Dillon, Hampton, Jasper, Lee, Marion, Marlboro, Orangeburg, Sumter, and Williamsburg.

      Section 11-54-25.  (A) The authority is governed by a board of directors that is composed of fifteen members.

The members must be appointed as follows:

       (1) five members appointed by the senators whose districts include the member counties;

       (2) five members appointed by the representatives whose districts include the member counties;

and        (3) five members appointed by the Governor, one of whom is designated as chairperson.

    No member may be a legislator or a member of a legislator's family.

No two members designated in items (1) through (3) may reside in the same county.

At least three of the five members selected in each of items (1) through (3) shall reside in a member county or adjacent qualified census tract.

All members designated in items (1) through (3) must have sufficient experience in the fields of education, economic development, healthcare, or business management to deem them qualified as determined by the appointing senators, representatives, or chairman.

    (B) Except as provided in subsection (C), members must serve a three-year term and must be limited to two terms.

Any vacancy on the authority must be filled in the same manner as the original appointment.

Members of the authority shall serve without mileage, per diem, and subsistence.

    (C)  Initial appointments to the authority pursuant to subsection (A)(3) must be made within sixty days of the enactment of this section.

Appointments pursuant to subsection (A)(1) and (2) must be made from sixty to one hundred twenty days of the enactment of this section.

    Five appointees shall serve for a one-year term and five appointees shall serve for a two-year term, all determined by lot at the first called meeting except for the chairman who shall serve a three-year term.

    (D) The initial meeting of the authority shall be convened by the chairman as soon as practical after the initial appointments are made.

Business of the authority only may be conducted when a quorum is present.

A quorum consists of a majority of the members appointed pursuant to subsection (A)(1)-(3).

      Section 11-54-30.  (A) The authority shall receive state funds as appropriated by the General Assembly.