Saturday, August 9, 2014
Berkeley County citizens will soon have access to a 50-mile trail system and parks within the private development near the Interstate 26 and 17-A interchange.
The 4,500-acre master plan community Nexton recently broke ground. The developer is forestry giant MeadWestvaco. During the July 28 Berkeley County Council meeting, council unanimously approved a resolution stating it will reimburse MeadWestvaco for any expenses currently made in the development of public parks.
County Council is currently working on creating the Nexton Improvement District where an extra tax in the district will also help fund public parks. Third reading is expected during the Aug. 11 meeting.
The July 28 resolution allows council to reimburse MeadWestvaco for any expenses related to the parks system. The money will come from the bond proceeds created by the improvement district. Bond proceeds are borrowed against the property.
According to MeadWestvaco officials, the parks system could eventually have a nonprofit running it. The parks system will not include home owners’ association parks or community amenities.