The Tega Cay city council is working on transferring $320,000 from the Parks and Recreation budget to finish the Glennon Center. Residents passed a $3.1 million bond in 2006 for the new center. But because of rising construction costs the bond amount fell short of the actual construction costs and the city needs more cash to complete the center.
The city council considered building a smaller center but opted to keep the center at it’s planned size and not finish the basement interior. The additional cash will allow half of the basement to be finished for use.
The transfer of money from one depart to another is not without controversy. The concern is whether the left over money in the Parks and Recreation budget will fund park projects slated for the new Glendale development. The city hopes the increased tax revenue from retailers like the Tega Cay Wal-Mart and the Stonecrest development will help fund other future projects.
To read more about the Tega Cay money transfer, see Fort Mill Times Jonathan Allen February 6th story.
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