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Sussex approves $60 million bond for Bioenergy Devco


Seaford  Delaware  19973-1238United States
On the recommendation of its Industrial Revenue Bond Committee, Sussex County Council unanimously approved a low-interest solid waste revenue bond for up to $60 million for Bioenergy Devco and its Bioenergy Innovation Center project, a poultry plant waste-recycling facility south of Seaford.
During council s April 27 meeting, Sussex County Finance Director Gina Jennings said Bioenergy Devco will pay all county costs, including lawyer s fees, associated with issuance of the bond. In addition, the company will pay the county one-half of 1 percent of the total amount of the bond used, which could be as much as $300,000.
Jennings said the county is a conduit to pass through bond market money for capital projects in order to get tax-exempt status, which the county has done in the past for The Moorings at Lewes, Perdue Agricycle and NRG. ....

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Sussex council approves budget amendment


Increase of $20.2 million in realty transfer taxes creates excess revenue
Sussex County Council has approved a plan to create a $5.4 million fund to allow the county’s 22 fire/ambulance departments to purchase new ambulances. RON MACARTHUR PHOTOS
Ron MacArthur
March 12, 2021
Local police departments will receive an additional $5,000 added on to an annual $30,000 grant.
Sussex County Council has passed an ordinance amending the fiscal year 2021 budget allow for the expenditure of increased revenue in the county realty transfer tax. And on top of funds for new ambulances, land for paramedic stations and funds for economic development, council approved a one-time increase in how much money is allocated to 22 local law enforcement agencies in the county. ....

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