Greenwood looks to future CPST, Uptown investments
Greenwood city officials appointed their two Capital Project Sales Tax commissioners at Monday’s meeting.
With Greenwood County set to put forward another Capital Project Sales Tax as a 2024 ballot referendum, officials are forming a tax commission that will review and approve a list of projects to be funded by the new CPST. Greenwood County appoints three members, the City of Greenwood appoints another two and because of the size of the other municipalities in the county, the city’s two appointees appoint a final member of the commission.
On Monday, council unanimously voted to appoint Anne Gunby and Steve Riley as their members of the commission. Gunby is a Realtor who served on the 2016 tax commission and Riley is the owner of Emerald Ink & Stitches, who recently moved his operation into a renovated Maxwell Avenue property. The two of them offered Margie Blalock, former tourism director of Ninety Six and resource development director at United Way of the Lakelands, as their appointment to the commission.
Council also approved changes to the city’s business license ordinance — changes required by state law. The tweaks to the ordinance were revenue-neutral, said City Manager Julie Wilkie, and council unanimously voted for them.
In a work session after its regular meeting, council heard a presentation by Lesley Lane, chairwoman of the Uptown Greenwood Development Corp. Lane said $100,000 of federal American Rescue Plan Act funds allocated by the city to UGDC and intended to start a small business grant program weren’t spent.
Instead, she asked council that it reallocate those funds to go toward creating an endowed fund through the Greenwood County Community Foundation. About 4% of this fund could be allocated each year in grants to small businesses, and because it’s in care of GCCF the fund would be able to receive charitable donations and continue to grow.
Lane explained that UGDC has an Uptown loan pool, but it’s geared toward loaning money to property owners. A grant fund would be more flexible for business owners who are leasing property, and would be in line with council’s desire to start a grants program.
Councilman Johnathan Bass asked Lane if UGDC would agree to a match grant that required them to raise $100,000 as well. This, he said, would put the fund at a better starting position, doubling its initial total and allowing more money to be loaned sooner.
Lane said she thinks that would be agreeable. Council made no decision on the matter in this work session.
Council also heard from Kim Bowman, with the S.C. Rural Innovation Network. Bowman said she’s working with Kay Self of VisionGreenwood to create a framework for Greenwood’s developing digital economy. As part of this, she said a long-term goal is to build the SpinLab — a facility that would house workspace solutions for remote employees, an entrepreneurship center, digital literacy and skills trainings and other elements essential to a developing digital economy.
Originally Published by Index-Journal on:Dec 5, 2023
By DAMIAN DOMINGUEZ ddominguez@indexjournal.com