The rates you like Expenses and Hertz are tasked with doing business at South Carolina’s busiest airport – and the surrounding area – are preparing to take off.
The board that owns and operates Charleston International is set to decide on a measure that amounts to a 50 percent increase in the price of its car rental providers.
Charleston County Council approved the increase in December. It requires that all rental companies operating in the county disburse more than 5 percent of their gross revenue over the next 25 years to finance a plan to increase the services of local airlines.
The ordinance is expected to enter into force on February 8 or 60 days from the date of its adoption.
The 11 members Charleston County Aviation Authority must first sign the move to CHS, which is responsible for many of the county’s car rental transactions. The vote is scheduled for Tuesday and will likely be approved, as this new revenue stream will flow straight to the airport.
Yields will create a Air Services Development Fund to pay expenses associated with attracting new air routes and carriers to Charleston International, as well as road maintenance and other airport projects. If successful, the proposal could drive more business to car rental kiosks, increasing demand for its services.
None of the companies selling vehicles at Charleston International openly challenged the increase while it was being debated. They already pay 10 percent of their gross revenues to the Aviation Authority, as well as other fees for office space and fleet parking.
Part or all of the new surcharge is likely to be passed on to car rental customers, who are mostly tourists and other visitors.
In this July 15, 2015 archive photo, Dave Grohl of Foo Fighters performs at Citi Field in New York with a cast on his leg. Grohl broke his leg after falling off a stage in Sweden. Archive
Federal foo fight
Instead of fighting foo, rocker Dave Grohl and his bandmates are fighting a lawsuit linked to the group’s concert on October 17, 2017 in Colonial life Arena in Columbia.
According to a lawsuit filed in federal court this month, Grohl and his Foo Fighters and a handful of companies in the music industry, as well as opening act The Struts, are being sued for $ 1 million by a resident of Lexington County who claims he was injured before the performance.
Dennis Bedenbaugh, who was working for the University of South Carolina at the time, he said in court documents that he was helping to move the equipment to a stage for the show “when he fell from an inappropriate and improperly sized elevator … suffering serious injuries.” Bedenbaugh says the Foo Fighters and the others are responsible because they provided the equipment he was working on.
According to the complaint, Bedenbaugh “suffered traumatic and permanent injuries to his left arm, left hand, right shoulder, right arm, right collarbone, lung and other parts of the body”. He is asking for $ 1 million in actual and punitive damages.
The band did not respond to the lawsuit, which was originally filed in the state court. Grohl’s administrator and Foo Fighters’ attorney did not respond to requests for comment last week.
Grohl, ex-drummer of grunge icon Nirvana, is no stranger to injury related to shows. In 2015, he fell off the stage during a concert in Sweden while the Foo Fighters sang his song “Monkey wrench. “The injury forced Grohl to cancel five European shows, but he ended up touring with a cast on his leg.
Seattle’s Foo Fighters name derives from the term Second World War pilots used to describe UFOs and other aerial phenomena.
The Patriots Point Naval & Maritime Museum in Mount Pleasant will only allow events with 250 guests or less until the end of 2021. File / Andrew J. Whitaker / Staff
Crowd control
A few weeks after canceling a major New Year’s Eve party that should be held on his state property, the council that runs Patriots Point Naval and Maritime Museum is limiting participation in events for the rest of the calendar year.
At a meeting on Friday, members of the Patriots Point Development Authority unanimously passed a resolution that, “for the safety of customers,” will only allow events with 250 guests or less at the Mount Pleasant seaside tourist attraction until December 31.
The “Yorktown countdown”, a private New Year’s party, was scheduled to be held at the centerpiece of the military museum Yorktown aircraft carriers last month. That is until the authority calls a last minute meeting the day before the evening and postpones it indefinitely.
The party, organized by Mount Pleasant based Special operations events, was approved for 1,000 revelers, well above the new limit established at the end of last week.
The Patriots Point limit of 250 people aligns with the limit that the state defined for events during the COVID-19 health crisis. Any role with more than that must apply for approval through the SC Department of Commerce. Most of the events that have applied so far have been approved.
TD Bank extended its corporate name rights agreement with the College of Charleston until the end of 2028. Provided
TD in OT at CofC
The corporate sponsor of College of CharlestonThe company’s covered marquee sports venue led to the naming rights agreement being extended.
TD Bank extended its licensing agreement by $ 1.75 million. Your brand and new signage will remain on display inside and outside TD Arena, where the Cougars’ basketball and volleyball teams play their home games until the end of 2028. The lender also added two ATMs on campus.
The deal is between the bank and Sports properties in Charleston, which acts as the school’s agent under a multimedia rights contract.
TD is owned by Canada Toronto-Dominion Bank. It purchased the naming rights for the downtown sports arena on Meeting and Georgia Streets for $ 600,000 in 2011, after acquiring the Greenville headquarters Carolina First Bank, who was the previous sponsor.
TD is the sixth largest bank operating in South Carolina based on its $ 6 billion in deposits and about 60 branches across the state, according to the latest federal data.
Claim that app
O SC Department of Employment and Workforce is bringing its unemployment system into the 21st century.
The agency, which manages the state fund that offers unemployment insurance, launched an app last week that will allow unemployed residents seeking financial help to register and update claims on their smartphones.
The free technology tool will allow them to recertify their paperwork each week, which is necessary to continue receiving unemployment checks. This will also allow them to check the status of their claims and review their payment history.
The app will add other ways that displaced workers can access and navigate the unemployment system. They can also call DEW to certify claims or access information online. DEW hopes that the availability of an application will help residents in rural areas of the state.
Dan Ellzey, the department’s executive director, said it was “just the beginning”.
“We are very excited to bring this app to life,” he said in a written statement. “As an agency, we are continually looking for new and innovative ways to allow complainants to feel connected and invested in their claim process. This is just another way in which the agency is taking advantage of technology to improve the user experience. … We are thinking of adding additional features and functionality to the application in the near future and we will pass on this good news as soon as updates become available. “
The Federal Reserve promised to keep interest rates low indefinitely, which in turn kept the cost of unpaid court sentences in South Carolina low. Archive / AP
Judgment call
O Federal ReserveThe company’s plan to stimulate the economy by keeping borrowing costs at minimum levels indefinitely came to South Carolina’s highest legal authority.
At the beginning of each calendar year, the Supreme Court SC it is obliged to adjust, if necessary, the interest rate on financial decrees and monetary judgments issued by judges and juries within Palmetto State.
The 2005 law provides that the amount is “equal to the basic interest rate listed in the first edition of the Wall Street Journal published for each calendar year to which damages are attributed, plus four percentage points, compounded annually. “
The rate reached 12.25% in 2007 and 7.25%, where it hovered for six years from 2009, when the country was plunged into a devastating economic crisis.
The number started to rise again in 2016, as conditions improved. It jumped a full point to 9.5 percent in 2017.
The trend changed course in 2019, reflecting a flood of Fed cuts, and the rate dropped to 8.75% last year. In 2021, he returned to his Great recession-a level of 7.25 percent.
The change took effect on Friday.
Feeling empowered
The South Carolina state utility is asking customers to check out several programs designed to help reduce electricity bills and make the switch to electric vehicles and solar energy.
Based on Moncks Corner Santee Cooper last week announced a series of financial incentives to get customers to buy. Collectively, they are called EmpowerSC.
A program offers a discount of $ 500 for customers who install charging stations for electric vehicles in their homes. Another offers electrical discounts for the installation of low-energy water heaters, heating and cooling systems and intelligent thermostats.
A third initiative offers discounts for companies that install equipment with greater energy efficiency. The final program offers financial incentives for homeowners or commercial contributors who install solar panels.