Steps taken for sale of Florence County spec building
FLORENCE, S.C. – The Florence County Council took the final step to the sell the Florence County Spec Building Thursday morning.
Upon the motion of Councilman Kent C. Caudle and a second by Vice Chairman Willard Dorriety, the council unanimously approved the third reading of ordinance No. 18-2018/19 which allows County Administrator K.G. “Rusty” Smith to execute the sale of the building for $3.15 million.
It is not yet known what type of development would occur in the building.
The spec building is at 2494 Florence Harllee Blvd. in the Pee Dee Touchstone Energy Commerce City Park. It was constructed by Pee Dee Electric Cooperative in 2014 to attract industry to the county.
The 100,000-square-foot spec building is expandable to 300,000 square feet, according to the website of the Northeastern Strategic Alliance.
At the time the building was constructed, the county and the cooperative reached an agreement that if a company did not move into the building within four years, the county would purchase the building from the cooperative.
According to property tax records available online, the property was purchased by the county on March 15, 2018, for $2.9 million from Pee Dee Electricom Inc. Pee Dee Electricom Inc. is a wholly owned subsidiary of the Pee Dee Electric Cooperative.
At Thursday’s special meeting, the council also:
>> Approved the third and final reading of an ordinance to include the town of Timmonsville in the county fire district.
>> Approved the expenditure of $48,922 from Capital Project Sales Tax II funds to C.R. Jackson of Florence for the reclamation and resurfacing of Hyde Circle.
>> Approved the expenditure of up to $30,000 from District 8 road system maintenance funds to pay for patching and paving on Burris Road.
>> Approved the expenditure of up to $130,000 from District 8 road system maintenance funds to pay for patching and paving on Hart Road.
>> Approved the addition to the 2019-20 budget of reclassification requests from the probate judge office to be funded from contingency and magistrates’ office from the office’s budget and contingency, and to combine two seasonal positions at the Lynches River County Park into one position.