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Council debates greenbelt forward‑spending policy; motion withdrawn pending legal rewrite
Summary
Councilmembers discussed a proposed forward‑spending policy allowing applicants to receive awards in excess of current allocations if they secure bridge financing; concerns about negative balances and allocation ‘hard stops’ led the sponsor to withdraw the motion and seek legal revision.
Charleston County Council members debated May 8 a proposed change to the greenbelt forward‑spending policy that would permit applicants to receive awards larger than their current allocation provided they secure bridge financing and agree to be repaid from future allocations.
Mister Boykin explained the draft policy language and said the approach would allow projects to proceed by committing future allocations while protecting the county from…
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