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Town of Pacolet Council Meeting Minutes January 8, 2026

Riverbend Aggregates Makes Payments Under Development Deal

$100,000 and $60,000Town of PacoletRIVERBEND AGGREGATESJanuary 8, 2026

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Description

Riverbend Aggregates has made two payments to the Town of Pacolet under an existing Development Agreement, including $100,000 for budgeted uses and capital improvements and an additional $60,000 in lieu of obtaining trail easements. The funds are being allocated between the general fund, capital improvement fund, and a restricted account for future real estate purchases.

Contract Details

Contract Amount

$100,000 and $60,000

Vendor

RIVERBEND AGGREGATES

Agency

Town of Pacolet, SC

Contract Type

OTHER

Document Date

January 8, 2026

Renewal Info

Development Agreement includes clause requiring $60,000 payment if easements for a bike/walking trail cannot be obtained; those conditions have been met and paid.

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