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Special Source Revenue Bonds
Special Source Revenue Bonds: In connection with a Little Fee or Big Fee, the county (or municipality) may issue an SSRB, which allows the County to generate revenue for infrastructure that enhances the economic development of a project. The bonds are paid back solely with the money the county receives from the Fee payments for the project.
Infrastructure Credit in-Lieu-of SSRB: The county (or municipality) can also use a portion of the revenue received from the Fee for the purposes of providing infrastructure or providing unimproved or improved real estate for the project without the requirement of issuing special source revenue bonds.
Laurens County: Laurens County offers a SSRB or Infrastructure Credit on a sliding scale. A 15% SSRB or Infrastructure Credit can be received with a minimum of a $5 million investment over a five year period. This can be negotiated with a $100 million investment over the same time period.
