Tuesday, August 12, 2014
A public hearing for a proposed one-cent sales tax referendum will be held tonight, Aug. 12, at the Georgetown County Council meeting.
Third and final reading of the ordinance will follow.
The meeting, in the County Council Chambers in the old court house on Screven Street in Georgetown, starts at 5:30 p.m.
Council passed second reading of the ordinance for a one-cent sales tax referendum at its July 8 meeting.
If passed on third reading, the referendum question will be on the November ballot.
The priority of five capital projects would be:
Georgetown Port dredging, the county’s portion of which is estimated at $6 million;
Murrells Inlet dredging, expected to cost about $8 million for dredging and $2.3 million for disposal site preparation;
Andrews police and fire facilities, estimated to cost $1.5 million;
Building of fire substations throughout the county and one fire station, expected to cost about $1.5 million;
and countywide road improvements, estimated to cost $8.9 million.
The capital projects sales tax would be for a period of four years, from May 2015 to April 2019, and would raise about $7 million per year.
The priority list will only be in effect if Council decides to “pay-as-you-go” for the projects.
Language is included in the ordinance to allow the county to borrow money.
If Council decides to borrow money, the five projects could be started at the same time.