WEST ASHLEY, SC (WCSC) - Charleston City Council is set to cast votes Tuesday regarding plans to appoint members for a new West Ashley Revitalization Commission.
In May of 2016, the council voted to form the commission. Tuesday's vote will consist of approving the 19 members, one of which will be Mayor John Tecklenburg.
According to the proposed city ordinance, members will work to assure the "long-term economic stability of West Ashley by revitalizing the unique character of the district and supporting values that assure West Ashley is a great place to live, work, play, invest and do best."
"For years, we've felt that we've been a little bit neglected," Councilman Marvin Wagner said. "What we have at this point is a proposal, 19 people to look forward and try to shape West Ashley. We have a TIF district in place to help us with the funding."
Councilman Marvin Wagner is also a proposed committee member.
The city proposes funding part of the West Ashley Redevelopment Plan through tax increment financing (TIF), utilizing a TIF district area mainly concentrated along the Sam Rittenberg Corridor.
According to city documents, the redevelopment plan promotes a new vision for West Ashley, including the creation of public spaces, recreational facilities and parks; street-scaping improvements; improved transportation infrastructure and drainage and more.
The proposed 25-year plan is estimated to cost $130,832,000, according to city documents. In addition to tax increment bonds, the city may also utilize community development block gr ants and other economic development gr ants to fund the project.
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