Quantcast

After a decade, SC Aquarium is debt free - Live5News.com | Charleston, SC | News, Weather, Sports

After a decade, SC Aquarium is debt free

CHARLESTON, S.C. (AP) - In its 10th year of operation, the South Carolina Aquarium is finally debt free.

The Post and Courier of Charleston reported Friday that aquarium officials announced the $12 million debt remaining from the aquarium opening in 2000 has been retired.

Mayor Joseph P. Riley Jr. shepherded the $69 million project for 16 years before it opened. He says having the debt was like hiking with a 50-pound backpack.

Officials say the debt from the aquarium on Charleston Harbor was paid off through business operations and foundation grants.

Information from: The Post and Courier, http://www.postandcourier.com

Copyright 2010 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

 

Powered by Frankly