HORRY COUNTY, SC (WMBF) – On Monday night, Myrtle Beach City Manager John Pederson and Mike Shelton, the city’s chief financial officer, presented the Horry County School Board with changes to The Market Common master plan.
Board members weren’t happy with the proposed changes though, because they say they probably won’t get a new school and the money they would be receiving from the change is money they would already get if the tax increment financing district didn’t exist in the first place.
The proposed amendment presented by Pederson and Shelton would give the school district $2.1 million every year. It would also mean there won’t be a new school in The Market Common area.
Board members said The Market Common master plan originally included plans for a new school. City leaders agree, but they say there is no need for a school now.
The school was originally going to be a K-5 school serving 650 students. That plan, however, was made about a decade ago.
Fast forward to 2018 and Myrtle Beach leaders said there would be fewer than 200 students in the school, which doesn’t justify it being built.
Board members aren’t happy about this.
“We would prefer to maintain the option to build a school there,” interim board chairman Neil James said. “We would like to also maintain the revenue coming in instead of having to compensate for what may be used elsewhere as a result of the TIF.”
The Myrtle Beach Air Force Redevelopment Authority will hold a public hearing next Tuesday to discuss the amendment. James said the district plans on having a representative there.
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