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Parks and Recreation general obligation bond: council to consider $40M first borrowing; committee raises prioritization concerns
Summary
Staff told the Recreation Committee that a $40 million first borrowing under the $70 million Parks and Recreation referendum will go to City Council for first reading; some councilmembers urged clearer prioritization so the bond benefits more neighborhoods.
City staff told the Recreation Committee on March 24 that an ordinance to borrow the first $40 million of a voter-approved $70 million parks and recreation general obligation (G.O.) bond is scheduled for first reading at City Council on March 25.
Staff said the referendum identified major projects and included a general parks category; the first borrowing would fund Johns Island Park, the W.L. Stevens project and Stephen Washington Park (on James Island), with some unallocated funds to be…
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