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Council adopts resolution to reimburse expenditures tied to future tax‑exempt bonds for fire‑rescue headquarters

December 18, 2025 | Hilton Head Island, Beaufort County, South Carolina


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Council adopts resolution to reimburse expenditures tied to future tax‑exempt bonds for fire‑rescue headquarters
The Town Council voted Dec. 18 to adopt a resolution declaring the town’s intent to reimburse certain expenditures related to the new fire‑rescue headquarters from proceeds of a tax‑exempt general-obligation bond anticipated in 2026.

Town staff explained the approach: the town will use general‑fund and real‑estate-transfer‑fee dollars initially to pay for some costs (including property acquisition) and intends to reimburse those amounts from the bond proceeds once bonds are issued. Staff noted that closing on the 10 Park Lane parcel had not occurred as of the meeting and that several due‑diligence items remained outstanding.

The motion to consider the resolution was moved by Miss Bryce and seconded by Miss Becker; the council approved the resolution by voice vote (recorded as 7–0).

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