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Greenville council approves intent to issue up to $1.5 million in DDA bonds

Greenville City Council · March 1, 2026

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Summary

The council adopted Resolution No. 22-27 authorizing intent to issue up to $1.5 million in general obligation limited-tax bonds to fund Downtown Development Authority projects including security cameras, communications upgrades and parking-lot renovations; Dickinson Wright PLLC was named bond counsel.

The Greenville City Council unanimously adopted Resolution No. 22-27 on Dec. 6, 2022, expressing the City’s intent to issue up to $1,500,000 in general obligation limited-tax bonds to finance improvements within the Downtown Development Authority (DDA) district.

Councilperson Linton offered the resolution and Councilperson Cunliffe seconded; the motion passed 7–0. The resolution says the bonds would help pay for projects identified in the DDA’s Development and Tax Increment Financing Plan, including installation of network-based security cameras and centralized storage, communications and public Wi‑Fi/PA improvements, and renovations to existing public parking lots.

The resolution authorizes the city clerk to publish a Notice of Intent under Act 279 and permits the City to proceed with improvements using available city funds before long-term financing is issued, with the intent to reimburse those expenditures from bond proceeds when issued. Dickinson Wright PLLC was employed as bond counsel to prepare issuance documents.

The council record states the action is taken under Act 57 (recodified from Act 197) and that a published notice under Act 279 is required. Next steps in the process include publishing the Notice of Intent and moving forward with design and acquisition work as provided in the DDA plan; the resolution allows the city to incur expenditures prior to formal bond sale for reimbursement from future bond proceeds.