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McLeod deal moving forward - Live5News.com | Charleston, SC | News, Weather, Sports

McLeod deal moving forward

JAMES ISLAND, SC (WCSC) - The parks and recreation commission has approved more than $300,000  for a consulting contract and is laying the groundwork for a bond issue to finance the purchase of McLeod Plantation.

The historic plantation is on James Island. Officials said the consulting contract could not exceed $308,691.

The PRC agreed in October to buy the plantation from Historic Charleston Foundation for $3.3 million, with plans to restore the site and open it to public use. Commission officials estimate it will cost an additional $2.9 million for stabilization, repairs and to fulfill the agency's master plan for the property.

The PRC is planning to assemble a steering committee to weigh in on the guiding principles before the commission moves forward on the plan.

The commission expects to close on the deal by Feb. 28.

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