I-526 completion back on track

I-526 completion back on track
January 10 12:46 2019 Print This Article

The South Carolina Transportation Infrastructure Bank voted 5-2 Thursday to amend its contract with Charleston County and the SCDOT to complete I-526, also known as the Mark Clark Expressway. The infrastructure bank stuck to its 2007 commitment to contribute $420 million to the project, and Charleston County is obligated to pay the balance. The project is now estimated to cost in excess of $720 million. Charleston County’s one percent transportation sales tax was cited by infrastructure bank counsel Rob Tyson as the primary local funding source. Charleston County will also be obligated to defend any lawsuits filed to stop the project, which are expected to come from the Coastal Conservation League and other groups which oppose it. The contract amendment is contingent upon Charleston County Council voting to approve it at its 5 pm meeting tonight.

The infrastructure bank voted in June 2018 to terminate the project. Governor Henry McMaster persuaded the seven-member board to re-enter negotiations with Charleston County, which the board agreed to do in October. Senate Finance Chairman Hugh Leatherman stated that he never opposed the project but voted against amending the contract. Former state Commerce Secretary Joe Taylor was the other member who voted against the measure. Former Charleston State Representative Chip Limehouse was happy about the project being salvaged, stating, “What a difference seven months make!” ¬†Limehouse has been a champion for the project from the very beginning.

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4 Comments

  1. January 10, 13:01 #1 Donald L Goldsmith

    Kudos John for calling it what it is. Our local liberal newspaper seems to think it is an 526 extension.

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  2. January 10, 18:19 #2 John Steinberger

    There is some crazy alliance between the daily newspaper and the radical environmentalists. Neither entity has anything to say about how building apartments in the wetlands causes flooding and real environmental damage.

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  3. January 10, 20:58 #3 Paul V. Norris, P.E.

    Anyone opposed to finishing 526 is a hypocrite unless they travel around on a horse. This road was a known necessity 30 years ago and would have cost a small fraction to build compared to what it will cost now. Not building 526 decades ago has cost tax payers hundreds of millions of dollars and likely some lives due to traffic/safety issues over the years.

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