Horry County Tischler Software PowerPoint Presentation
11/29/07 Horry County Council Workshop
This last slide does not include the interesting idea presented by Nick Kremydas, chief executive officer of the S.C. Realtors Association published by The State newspaper and recently added to the "Growth Management Tools" section of this Web site under the heading: 'Unlikely source proposes new idea for making growth pay for itself."
"Mr. Kremydas’ plan would allow a city or a county to create a 'residential improvement district' and charge an annual fee to property owners to pay for new schools, roads, fire stations and other infrastructure. The district could include properties that aren’t contiguous, and the improvements could be outside the boundaries, as long as they served the residents of the district. So, for instance, officials could draw two subdivisions into a single district and charge residents a fee to pay for a new elementary school halfway between them. Councils could pull existing neighborhoods into an improvement district, but Mr. Kremydas expects they would mostly draw in neighborhoods that haven’t yet been built."