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Developers return to council with new plan for arena in Horry County, S.C.
Knight Ridder/Tribune Business News, November, 2004
The Sun News, Myrtle Beach, S.C. Knight Ridder/Tribune Business News
Nov. 5--Less than two weeks after tabling discussion on a proposed arena at Coastal Carolina University, developers returned Thursday to Horry County Council with a plan asking for less public support and showing the ways the project could benefit the county.
The latest proposal asks the county for $4 million, down from the $7.5 million requested earlier.
Coastal Carolina Arena LLC developers also want to establish a tourism admissions district, with Conway's share of the arena admissions tax used to build a parking lot connected to the project.
Usually, local admissions taxes go to the state. In an admissions district, a certain percentage of that money stays...
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