Basically, the SIB was saying to the Charleston County Council, “Show us the money.” Once approved, the SIB essentially said it would put forward the outlines of the financing commitment of the county and the state would go to the bond market that will evaluate the risk and establish the interest rate. Charleston County Council voted 5-3 in 2017 to approve an ordinance committing the county to covering the shortfall for the highway, but it doesn’t specifically the county’s commitment or the source of funding.Ĭharleston Mayor John Tecklenburg likes this highway but has a $2 billion flood control program to finance. Further, the SIB said it would not allow the project to be partially constructed because it would “reduce the public benefits which were part of the original decision.” The SIB reserved the balance of the $420 million in financial assistance, again requesting Charleston County to come up with a plan to fund the difference.īack in 2005, the SIB approved all of the funding for the highway extension, then estimated then at $420 million and basically said, “That is it” in terms of state money for the project. In 2016, the SIB voted no on the extension project and reiterated a position that said approval was not possible without additional funds. While the final costs of this addition have not been nailed down, it would be the most expensive highway expansion ever built in South Carolina. On Friday, the county threatened a lawsuit, claiming the SIB couldn’t pull out of the project that would connect West Ashley to Johns Island and end on James Island, traversing the Stono River over the adjacent swamp-wetlands. State Infrastructure Bank (SIB) last week voted no (4-3) again on continuing the contract for completing the I-526 extension (I-526X) in Charleston County. Rice CALENDAR, July 2+: Lots of activities for your Fourth of July FOCUS FOCUS, Palm: I-526 extension is a zombie highway projectīy Fred Palm, contributing editor | The S.C. ![]() You dear friends will have to make sure that you can free the highway from as many zombies as you can, and we assure you that you will gain a lot of points with each and every zombie that you run over with this very special car that we have prepared for you in this new Cars games category game.IN THIS ISSUE of Charleston Currents #10.34 | JFOCUS, Palm: I-526 extension is a zombie highway project COMMENTARY, Brack: Age, Trump will drive fall gubernatorial election IN THE SPOTLIGHT: Titan Termite & Pest Control GOOD NEWS: Busy airport, teacher pay hike, book drive WHAT WE LOVE: Tell us what you love about the Lowcountry FEEDBACK: City on a Hill commentary draws reactions MYSTERY PHOTO: Something is under construction, but what? S.C. ![]() ![]() It’s not going to be easy at all, but you dear friends will have to make sure that you can will be very careful, because this is a new online Zombie game, in which you will have to drive this special car on a highway that you will see that will be stacked with Zombies. ![]() Today, we have prepare for you a very special Cars games category, in which you dear friends will have to drive the best you can a very special car that we have prepared for you. Welcome back dear friends here on, where we are doing our best to find for you the most beautiful and interesting games that you can play with all your friends.
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