SRSCRO BOARD OF DIRECTORS 2013

South Carolina

Danny R. Black, SC Representative at Large*SouthernCarolina AllianceCongressional Appointment

Terra L. CarrollGreater North Augusta Chamber of Commerce

Greater North Augusta Chamber of Commerce Appointment

Fred E. HumesEconomic Development Partnership

Economic Development Partnership Appointment

J. David Jameson, SRSCRO Immediate Past Chair*Greater Aiken Chamber of Commerce

Greater Aiken Chamber of Commerce Appointment

Dr. Sandra J. JordanUniversity of South Carolina Aiken

Congressional Appointment

Anna G. Loadholt(Retired)

SouthernCarolina Alliance Appointment

Anne P. Rice, SRSCRO Treasurer*(Retired)

Allendale/Barnwell County Council Appointment (Rotate)

William E. RobinsonSouthernCarolina Alliance

SouthernCarolina Alliance Appointment

Chuck SmithEdward Jones Investments

Aiken County Council Appointment

Will WilliamsEconomic Development Partnership

Economic Development Partnership Appointment

Dr. Susan A. Winsor, SRSCRO Vice Chair*Aiken Technical College

Congressional Appointment

Georgia

Eddie C. Bussey, SRSCRO Secretary *State Farm Insurance

Augusta Metro Chamber of Commerce Appointment

Sanford Loyd, GA Representative at Large *Sanford Loyd, CPA, PC

Augusta Metro Chamber of Commerce Appointment

Dr. Marc D. Miller, SRSCRO Chair *Georgia Regents University Augusta;

Congressional Appointment

Dr. J. Christopher Noah(Retired)

Columbia County Commission Appointment

Dr. Lisa L. PalmerAugusta Technical CollegeCongressional Appointment

Susan E. ParrAugusta Metro Chamber of Commerce

Augusta Metro Chamber of Commerce Appointment

Monty PhilpotGeorgia Regents UniversityCongressional Appointment

Tammy ShepherdColumbia County Chamber of Commerce

Columbia County Chamber of Commerce Appointment

Walter C. Sprouse, Jr.Augusta Economic Development Authority

Augusta Economic Development Authority Appointment

William R. TooleW. R. Toole Engineers

Augusta/Richmond Co. Consolidated Gov. Appointment

Mark J. WillsGeorgia Bank & Trust/Southern Bank & Trust

Development Authority of Columbia County Appointment

P.O. Box 696 | Aiken, SC 29802 | P. 803.508.7401 | F. 803.593.4296

WWW.SRSCRO.ORG

*Executive Committee Member

MISSIONThe mission of the SRS Community Reuse Organization is to facilitate economic development opportunities

associated with Savannah River Site technology, capabilities and missions and to serve as an informed, unifiedcommunity voice for the five-county, two-state region.

ASSETSCURRENT ASSETS

Cash and Cash Equivalents $ 406,675 Investments $ 5,101970Inventory $ 235,479 Accounts Receivable $ 23,639 Grant Reimbursements Receivable $ 48,372Total Current Assets $5,816,135

LIABILITIES AND NET ASSETSCURRENT LIABILITIES

Accounts Payable $ 125,244 Accrued Expenses $ 1,525Total Liabilities $ 126,769

NET ASSETSUnrestricted $ 5,689,366Total Liabilities and Net Assets $5,816,135

SRSCRO FY2013 FINANCIAL STATUSAs of June 30, 2013

­­The­ U.S.­ Court­ of­ Appeals­ for­ the­ D.C.Circuit­ruled­2-1­in­August­that­the­NuclearRegulatory­ Commission­ must­ resume­ itsconsideration­of­the­Department­of­Energy'slicense­application­for­Yucca­Mountain.­Thiswas­ the­ result­ of­ a­ federal­ lawsuit­ filed­ byAiken­ County,­ Washington­ State,­ and­ thestate­ of­ South­ Carolina­ and­ others.­ Thedecision­ that­ the­ Nuclear­ RegulatoryCommission­ was­ violating­ Federal­ law­ bydelaying­a­decision­on­the­proposed­nuclearwaste­dump­at­Yucca­Mountain­was­positivenews­to­the­SRSCRO.

Although­ not­ part­ of­ the­ lawsuit,­ thepotential­ fate­ of­ Yucca­ Mountain­ was­ a

focus­of­the­SRSCRO­back­in­2009­whenthe­SRSCRO­initiated­a­public­educationand­ community­ consensus­ campaign­ onthe­subject.­This­culminated­in­a­morningpress­ conference­ at­ the­ National­ PressClub­ in­Washington,­DC­ in­April­ 2010,where­the­SRSCRO­presented­20­stronglyworded­ resolutions­ from­ political­ andeconomic­ development­ entities­ rangingfrom­ the­ South­ Carolina­ House­ ofRepresentatives­to­chambers­of­commerceand­small­towns­near­the­Savannah­RiverSite­objecting­to­the­Federal­Government’sdecision­to­abandon­Yucca­Mountain­as­itspreferred­option­for­nuclear­waste­storage.­

Yucca Mountain News

“Yucca Mountain remains theappropriate nuclear waste storage site.In addition, some of the first nuclearwaste to be sent to Yucca Mountainwould come from Savannah River Site.Today’s ruling is positive news forSouth Carolina and our nation.”

- South Carolina Senator Lindsey Graham

The­SRSCRO­hosted­a­community­ forum­in­July­of­ this­year,where­ some­100­ local­ citizens­gathered­at­ the­Aiken­TechnicalCollege­ Amphitheater­ to­ hear­ top­ Department­ of­ Energyofficials­ lay­ out­ a­ less-than-optimistic­ scenario­ for­ fundingSavannah­River­Site­operations­for­the­coming­2014­fiscal­year.­

SRSCRO­Immediate­Past­Chair­J.­David­Jameson,­president­ofthe­Greater­Aiken­Chamber­of­Commerce,­set­the­tone­for­thetwo-hour­ briefing,­ calling­ the­ Savannah­ River­ Site­ the­ singlemost­ important­ economic­ driver­ of­ this­ five-county­ region­ ofSouth­Carolina­and­Georgia.­

But­DOE­Site­Manager­Dr.­David­Moody­told­the­group­SRSmay­ have­ to­ cut­ as­many­ as­ 600­ jobs­ from­ its­workforce­ as­ aresult­of­a­proposed­$100­million­federal­budget­cut­for­FY2014.He­put­ the­most­positive­ spin­on­ the­ circumstances­by­ saying“We­challenge­ourselves­to­accomplish­the­most­we­can­with­thedollars­we­get,”­Moody­said.

SRS Budget Forum

"Despite funding cuts, our commitment remains the same,"Moody said. "If you're living near the site, understand we'regoing to protect our workers, and we're going to protect theenvironment.” – Dr. Dave Moody – SRS Site Manager

As­stipulated­in­the­Asset­Transition­Program­(ATP)­agreementbetween­DOE­and­the­SRSCRO,­all­of­the­proceeds­generatedfrom­the­conversion­of­assets­to­cash­must­be­invested­back­intothe­ community­ and­ that­ they­ are­ to­ be­ closely­ monitored­ toassure­ they­ are­ used­ in­ support­ of­ clearly-defined­ communityeconomic­ development­ purposes,­ in­ the­ context­ of­ localoperational­and­economic­realities.­Due­to­the­positive­financialstrength­of­the­ATP,­the­SRSCRO­decided­to­disburse­some­ofthese­funds.

The­ SRSCRO’s­ NuclearWorkforce­Initiative­(NWI®)continues­ to­ promote­ andexpand­ nuclear­ workforcedevelopment­ capabilities­ by

facilitating­ integrated­ partnerships­ between­ nuclear­ employersand­ educational­ and­ training­ entities.­ Eight­ local­ nuclearemployers­met­with­SRSCRO­Board­Members­during­the­yearto­discuss­the­current­nuclear­employment­outlook.­Employerscontinue­to­convey­a­steady­long-term­need­for­employees­withparticular­ skills,­ and­ the­ anticipation­ is­ that­ this­ need­ willcontinue­as­the­current­workforce­moves­toward­retirement­andsectors­ of­ the­ nuclear­ industry­ grow.­Educational­ and­ trainingprograms­in­the­region­continue­to­align­with­nuclear­employerneeds­as­a­result­of­this­collective­dialogue.

Through­ NWI®­ five­ local­ colleges­ in­ the­ two-state­ regioncontinue­ the­ collaborative­ program­ titled­ Advancing­ NuclearSkills­Regionally­(ANSR).­This­program­received­its­third­year­offunding­from­the­Department­of­Energy­bringing­the­total­ forthe­ANSR­grant­ to­$2.75­M.­As­a­ result,­ seven­new­programscontinue­development­ and­ implementation­of­nuclear­ trainingand­ education­ programs­ for­ the­ region.­ Approximately­ 280

students­ are­ currently­ enrolled­ in­ these­ programs,­ whichcomplement­other­existing­nuclear­programs­in­the­community.

Nuclear­employer­needs­and­information­about­local­educationprograms­ is­ conveyed­ through­NWI®­ participation­ in­ regionalteacher­ workshops­ and­ local­ workforce­ and­ educationorganizations.­ NWI®­ is­ also­ active­ in­ state­ and­ nationalworkforce­development­organizations.

The­ fourth­ NWI®­ Academywas­ conducted­ in­ the­ regionduring­ the­ year­ at­ AikenTechnical­ College.­ Theprogram­provides­ experientiallearning­ for­ low­ incomeyoung­adults­and­has­led­to­anincrease­ in­college­enrollmentfor­ these­ students.­ TheTechnology­ Association­ of

Georgia­ (TAG)­ recognized­ the­ importance­ of­ the­ program­ bynaming­ the­ NWI®­ Academies­ as­ a­ 2013­ Science,­Technology,Engineering­and­Math­(STEM)­Award­Finalist.

NWI® Addresses Workforce Needs

My­ two-year­ term­ as­ Chair­ of­ the­ SRSCommunity­Reuse­Organization­(SRSCRO)comes­ to­ a­ close­ this­ year.­ As­ it­ does,­ Iwould­like­to­share­the­following:"A­ man­ is­ but­ the­ product­ of­ histhoughts. What­he­thinks,­he­becomes." –Mahatma­GandhiThis­is­a­powerful­quote.­It­tells­us­that­ifwe­ think­ positively,­ we're­ likely­ to­ enjoy

positive­results.­Negative­thinking,­on­the­other­hand,­can­leadto­outcomes­we­don't­want.­There­has­been­so­much­negativityregarding­current­events;­such­as­budgets­shortfalls,­governmentshutdowns,­and­local­layoffs­and­furloughs;­I­want­to­emphasizesome­positives­for­your­consideration.­This­ by­ no­means­ over­ shadows­ the­ not-so-wonderful­ eventsand­their­impacts­in­our­community.­These­negative­events­arereal­and­the­need­to­take­action­is­a­SRSCRO­priority.­However,we­need­to­avoid­letting­fear­become­the­community’s­dominantemotion.­Today,­ I­ am­ pleased­ to­ report­ the­ significant­ strides­ theSRSCRO­has­made­ this­ past­ year.­While­more­ remains­ to­ bedone,­ in­ this­ report­ you­ will­ find­ a­ few­ of­ last­ year’s­ keyachievements.­We­are­getting­a­lot­of­things­“right”­and­have­the“right­stuff ”­to­tackle­the­obstacles­ahead.­Let’s­take­a­look­nowat­what­is­“right”­and­work­to­de-emphasize­the­negative­and­re-emphasize­the­positive.

The right foundationWe­ are­ well­ positioned­ financially,­ with­ an­ establishedinvestment­ portfolio­ and­ a­ strong­ cash­ flow.­ Those­ essentialstrengths­ comprise­ a­ firm­ foundation­ for­ any­ non-profitorganization.­This­ year,­ we­ took­ proactive­ steps­ to­ help­ fundeconomic­development­initiatives­in­the­SRSCRO­region.The right peopleWe­have­a­very­engaged­Board­of­Directors­and­a­dedicated­andhardworking­staff.­In­addition,­we­have­the­support­of­regionalstakeholders­and­partners,­like­you.The right valuesWe­have­values,­which­can­be­seen­in­our­By-Laws,­that­guideour­actions­and­shape­our­decisions.­While­we­view­our­valuesas­an­ internal­ compass,­we­also­ realize­ that­ living­ those­valuesbecomes­apparent­to­all­in­our­community.­The right focusWe­ are­ focus­ on­ the­ future­ and­ providing­ solutions­ to­ thepending­ negative­ community­ impacts.­ This­ will­ beaccomplished­ through­ the­ extremely­ capable­ leadership­of­Dr.Susan­Winsor,­who­will­be­the­SRSCRO­Chair­for­the­next­twoyears;­her­second­time­in­this­leadership­role.­As­always,­I­would­like­to­thank­our­directors­for­their­counseland­ guidance­ throughout­ the­ past­ two­ years.­ I­ am­ proudlyreminded­ each­day­of­ the­ commitment­ to­ excellence­ that­ ourstaff­displays.­It­is­these­positive­attributes­from­the­Board­andStaff­that­you­can­count­on­with­confidence.

Program Funding

In­March­of­this­year­the­SRSCRO­publicly­released­a­study­toprovide­leaders­in­the­five­county­region­in­South­Carolina­andGeorgia­ represented­ by­ the­ SRSCRO­ with­ informationnecessary­to­determine­what­resources­the­region­has­availableto­participate­in­a­national­solution­for­managing­the­back-endof­the­fuel­nuclear­cycle.The­ study­ followed­ the­ BRC’s­ call­ for­ a­ new,­ consent-basedapproach­ to­ siting­ future­ nuclear­ waste­ management­ facilities.The­scope­of­the­study­was­to­help­answer­the­following­question:Should­ a­ five-county­ region­ surrounding­ the­ Department­ ofEnergy’s­ Savannah­ River­ Site­ use­ its­ assets­ to­ help­ providesolutions­to­managing­the­nation’s­fuel­cycle?­If­so,­what­are­theterms­ and­ conditions­ under­ which­ we­ the­ community­ wouldagree­to­participate?

With­the­study­now­complete,­the­SRSCRO­Board­of­Directorsis­ considering­ its­ role­ in­ helping­ to­ develop­ a­ comprehensiveplan­aimed­at­building­community­consensus­about­hosting­fuelcycle-related­activities.­­

Fuel Cycle Study

National Focus for Nuclear Science Celebration

Through­ an­ agreement­ with­ the­ department­ of­ Energy,­ the­ SRSCommunity­ Reuse­ Organization­ is­ the­ designated­ agency­ fordonation­of­excess/surplus­material­no­longer­needed­for­SavannahRiver­ Site­ operations.­ In­ FY2013,­ the­ program­ returnedapproximately­$514,062­to­the­SRSCRO.

This­surplus­material­ is­ first­made­available­to­organizations­whichcreate­jobs,­increase­economic­development­capacity,­or­improve­thequality­of­life­in­the­two-state,­five-county­region.­Recipients­may­belocal­ governments,­ non-profit­ organizations­ or­ private­ businesses.Groups­ have­ 30­ days­ after­ surplus­ material­ is­ made­ available­ torequest­items­at­very­reasonable­prices.­After­30­days,­if­not­claimedfor­economic­development­purposes,­the­material­is­then­released­tobe­ sold­ to­ the­public­on­ the­open­market.­Proceeds­ from­ sales­ areused­ to­ defray­ expenses­ in­ operating­ the­ program­ and­ for­ use­ ineconomic­development­projects­in­the­region.­

In­ addition,­ the­ SRSCROcontinued­ to­ self-performsome­asset­ removal­projectsunder­ DOE’s­ real­ estatelicense­ agreement.­ Thelargest­ of­ these­ was­ the­ 10plus­miles­of­abandoned­railroad­ line­ removal­ whichincluded­over­2,000­tons­ofrails­and­all­of­the­associated

“good”­and­“bad”­ties­and­the­rock­ballast.­The­SRSCRO­was­alsoinvolved­in­the­removal­of­trailers­from­A-Area­and­the­removal­ofequipment­from­the­L-Area­machine­shop.

Similar­ to­ the­ SRSCRO­Asset­Transition­ Program,­ proceeds­ fromsales­of­the­removed­property­are­used­to­defray­expenses­associatedwith­ the­ removal­ with­ any­ remaining­ funds­ for­ use­ in­ economicdevelopment­and­educational­projects­in­the­region.

Asset Transition Program

In FY2013, the Asset Transition Program returnedapproximately $430,335 in revenue to the SRSCRO.

“Long gone are the days where youcan show an industrial prospect afield and tell them this is wheretheir facility could be built.Industrial prospect today requirenecessary infrastructure (roads,water, sewer) be in place beforethey even consider a site. Thesefunds that the SRS CRO willallocate will help insure all sites weare marketing are ready fordevelopment.”

Dr.­Marc­D.­Miller,­Chairman

“The region has many assets that canbe marshaled to facilitate a nationalsolution” - Tim Frazier, Senior Advisorwith Dickstein Shapiro LLP, whoheaded the study.

During­ the­week­of­October­21-25,­2013­communities­across­thenation­ celebrated­nuclear­ sciencecontributions­ as­ part­ of­ the­ 4thannual­National­Nuclear­ ScienceWeek.­The­ SRSCRO­ region­wasselected­ as­ the­ nation’s­ focus­ to

recognize­ how­ nuclear­ science­ plays­ a­ vital­ role­ in­ the­ lives­ ofAmericans­and­the­world,­and­the­SRSCRO­had­the­leadership­rolein­coordinating­the­week’s­activities.

Advances­in­nuclear­science­and­technology­were­on­display­throughevents­that­connected­educators­and­local­students­with­regional­andnational­ expertise­ in­ the­ nuclear­ industry.­ Activities­ included­ aNuclear­ Workforce­ Education­ Day,­ Facility­ Tours­ and­ EducationDays.­The­region­is­clearly­recognized­as­a­nuclear­technology­leaderin­energy,­nuclear­science­applications­and­nuclear­medicine.­Localindustry­ experts­ from­ every­ aspect­ of­ nuclear­ science­ helpedcommunicate­the­many­future­opportunities­available­in­the­nuclearfield.­More­than­1500­students,­25­companies­and­organizations­and50­volunteers­were­actively­involved­in­the­week.­­

Mr.­ James­ Walther­ commented­ on­ the­ week,­ “As­ Director­ of­ theNational­Museum­of­Nuclear­Science­&­History­and­National­SteeringCommittee­Chair,­ I­was­ so­ honored­ to­ be­ invited­ to­ visit­ the­ SouthCarolina­and­Georgia­regional­celebration­of­National­Nuclear­ScienceWeek.­ The­ team­ based­ atSavannah­River­Site­CommunityReuse­Organization­did­a­superbjob­ of­ planning­ a­ vibrant­ andvaried­ menu­ of­ learning­ anddialogue­ opportunities­ for­ thecommunity.­This­ event­ was­ thelargest­ yet­ organized­ for­ theannual­large­national­celebrationcomponent.­ Thanks­ to­ theSRSCRO­ team­ and­ its­ manyregional­ partners­ for­ such­ avaluable­ chance­ to­ ‘get­ to­knownuclear’.”

ASSET TRANSITION PLANMONTHLY DEPOSITS - EXPENSES - FY2013