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Council declines to advance Savannah Grove special-source revenue bond ordinance

Florence County Council · October 17, 2024
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Summary

Ordinance 21 — an authorization for up to $50 million in special-source revenue bonds related to Savannah Grove infrastructure projects — was read into the record and put to a vote after a motion to reconsider, but council did not advance the ordinance at third reading.

The clerk read Ordinance 21, an ordinance authorizing not to exceed $50,000,000 in Florence County special source revenue bonds for Savannah Grove infrastructure projects, including issuance instruments, covenants and property conveyance or lease language. A councilor moved to reconsider the earlier vote on Ordinance 21; the motion was called and counted at the dais. After the reading and a roll-call/hand vote sequence the chair announced that the motion failed.

The chair later reflected on the action during closing remarks, saying the council’s decision may hinder what he called a "creative first-of-its-kind partnership" and an athletic center for the Savannah Grove community. "I think we killed creative 1st of its kind partnership and a new athletic center for Florence County," the chair said, adding concern that the action could slow collaborative efforts with school districts.

No substitute motion or amended funding plan was adopted at the meeting; councilmembers expressed differing views on timing and the county’s role. The result was that the ordinance did not move forward at this meeting.