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No Vote on Mark Clark
The S.C. Transportation Infrastructure Bank Board did not take up Mark Clark Expressway completion when they met this Thursday. There was not even a project update in the nearly four hour meeting. But the board has committed to decide on project funding at their next meeting.
We’re actively tracking the issue and will keep you posted on future infrastructure bank meeting dates and funding prospects for our top road infrastructure priority.
Major Step on Harbor Deepening
This Wednesday, the U.S. Army Corps of Engineers signed an agreement with the S.C. Ports Authority which officially starts the construction phase of the Charleston Harbor Post 45 Deepening Project. The agreement finalizes the responsibilities for both the Army Corps and the Port on the approximately $529 million project. Dredging work on the entrance channel could begin as early this December.
First Statewide Military Retention Plan
Also on Wednesday, the S.C. Military Base Task Force approved the state’s first ever strategic plan for military base retention. The plan accompanies an economic impact study released earlier this year which found that the military has a $10.6 billion impact on the Charleston region alone. The full strategic plan, as well as the 2017 Economic Impact Study, is available at www.scmilitarybases.com.
P.S. – An update on critical council votes last week in City of Charleston and Mount Pleasant are posted online.