York Co. leaders to discuss downtown Rock Hill tax district
08/17/2014 5:51 PM
08/18/2014 6:39 AM
The Knowledge Park Leadership Group will ask the York County Council on Monday to revise the boundaries, increase the borrowing capacity and extend the time period for a downtown Rock Hill taxing district.
The group, composed of businessmen, wants the county to agree to forgo any new tax revenue generated by the redevelopment of the former Rock Hill Printing & Finishing Co. site until 2039. New tax revenue would be reinvested back into the district, paying for public improvements such as sidewalks, roads, parking and utilities.
The county and the Rock Hill school district must agree to the changes for the city to reinvest the new tax revenue.
Also on the agenda for Monday is a discussion of county facility space needs and courthouse renovations.
Among the needs cited in a consultant’s survey is a new judicial complex with up to 60 jail cells in the eastern part of the county. The county had considered placing the complex in the Riverwalk area off Cherry Road but backed away from that proposal because of residents’ concerns.
The county delayed holding a bond referendum to finance construction of new space or renovating existing space. Council Chairman Britt Blackwell has stressed that the need for more space still exists and that a referendum needs to be held.
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