August 14, 2018- 2nd Reading 2018-49 concurring in amendments to the Redevelopment and Financing Plan of the Myrtle Beach Air Force Base Redevelopment Authority, as amended; and other matters relating thereto; MBAFBRA has amended the Redevelopment Plan to modify the project list and facilitate distribution of surplus funds to taxing districts. The projects deleted or fund reduced due to inactivity or change in feasibility are the Natatorium, Boat landing, Community School, Grand Park Phase V, Linear Park Extension. Projects added to the Plan include:- Renewal, reconstruction, repair and remodeling of Redevelopment Projects (streets, parking, storm water, park facilities, and CCTV cameras).
- Public infrastructure to serve HomeFed’s proposed development of two remaining parcels in Market Common.
- Extension of taxiway from Shine Avenue to new airport hangar site.
- Extension of Howard Avenue to Emory Road.
- Grand Park, improvements to Phases I-IV.
- Playground expansion/safety measures for Grand Park alternative rec facilities.
- Police and fire Station expansion and renovation to sites in the district.
By adopting this proposed ordinance, the City formally concurs with proposed amendment. This approval is required to issue TIF Bonds to fund these project expenses.