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City votes to transfer land for Medac building

Posted: May 13, 2014 - 4:18pm

North Augusta City Council voted May 5 in favor of an ordinance to transfer city land to Greenstone NG, LLC for the construction of Medac’s building.

The ordinance received a unanimous vote in favor of transferring approximately 1.3 acres to the company on first and second readings, with Councilman Ken McDowell absent.

In return, Greenstone is to provide the city with an equivalent piece of land within the proposed Project Jackson area.

Medac announced last month that it will be moving its Augusta operations to North Augusta after a 10-year search. It plans to construct a two-story building on the land. The project is expected to cost the company about $12 million.

Medac, which does billing for anesthesiology companies, currently employs about 550 people and is expected to add 65 more jobs when it relocates to North Augusta.

A third and final reading of the ordinance is needed to authorize the transfer of the land.

In other news, the city council received an update on Capital Projects Sales Tax III from City Administrator Todd Glover during its study session May 5.

Glover told council members that funds from the sales tax are expected to be about 30 percent, or about $7 million, less than what was budgeted. The capital sales tax is budgeted at $23,575,000.

Rather than cut all of the Sales Tax III capital projects by an equal percentage, Glover suggested that council take a look at the projects and re-rank them according to the city’s priorities.

City council is to review Glover’s recommendations and the rankings of the capital projects.

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