Limited Time Offer. Become a Founder Member Now!

Votes at a glance: Joint Bond Review Committee actions and approvals

March 26, 2025 | 2025 Legislative Meetings, South Carolina


This article was created by AI summarizing key points discussed. AI makes mistakes, so for full details and context, please refer to the video of the full meeting. Please report any errors so we can fix them. Report an error »

Votes at a glance: Joint Bond Review Committee actions and approvals
The Joint Bond Review Committee reviewed a series of leases, facility projects, and land acquisitions during its meeting and approved the majority of items by unanimous consent. Committee members carried over a small number of items for additional documentation. The following is a summary of items presented in the meeting record and the committee’s stated outcome.

Items approved (by consent as recorded in transcript):

- South Carolina Public Service Authority: Acquire ~3.48 acres near Lily Road in Monks Corner; property to be conveyed for nominal consideration of $5. Outcome: approved by consent.

- South Carolina Forestry Commission: Authorization to acquire two replacement fixed‑wing aircraft (additional FY24 carryforward funds requested). Outcome: approved by consent (see separate article).

- Clemson University: Lease of 16,925 square feet at 215 Innovation Drive, Greenville, from LICAR LLC for research and DoD contract support; 10‑year term at $19.20/sq ft; upfit cost not to exceed $5,900,000; total rent projected $3,500,000. Outcome: approved by consent.

- Department of Social Services: Short‑term lease for 24,683 sq ft at 1628 Browning Road, Columbia — 22‑month term at $15.85/sq ft; total initial term ~$727,120. Outcome: approved by consent (see separate article).

- South Carolina Retirement System Investment Commission: Lease 19,700 sq ft at 1201 Main Street, Columbia; 7‑year term at $20.32/sq ft; estimated total rent $3,000,000; parking costs estimated up to $30,000/year paid to the city. Outcome: approved by consent.

- State Fiscal Accountability Authority: Lease 40,330 sq ft at 1333 Main Street, Columbia; term ~10 years and 4 months beginning upon landlord renovations; rental rate $19.50/sq ft; total rent projected $9,693,548; landlord to provide parking and some free rent. Outcome: approved by consent.

- Capital budget permanent improvement projects: The committee reviewed a large package of permanent improvement projects submitted by the Capital Budget Office (69 proposals totaling $152,600,000 in budget changes, with projects estimated at $753,000,000). Many items were approved on block; the committee reserved full review for selected projects. Outcome: approved by consent unless a member objected; one member asked questions about item 14 and other items were carried for review when requested.

- Multiple university capital projects and purchases (College of Charleston Berry Residence Hall renovations; Berry Residence Hall increases; Coastal Carolina Health & Human Performance building; USC STEM and Jones Building renovations; USC property purchases and other university projects) — presented and, where no objections were raised, the items were recorded as approved or moved forward for standard contracting steps. Outcome: majority approved or advanced; specific items with follow‑up are noted in meeting record.

Items carried over or tabled:

- College of Charleston final land acquisition (phase 2): Carried over pending a breakdown of closing costs and an explanation of the $175,000 assignment fee paid to the foundation; committee requested additional documentation and contractual language regarding environmental cost allocation before final approval. Outcome: carried over.

Other items recorded as information: The University of South Carolina Brain Health Center semiannual report was received as information; the committee recorded that regulatory approvals were in place and the project is proceeding with demolition, abatement, and upfit work underway.

Note: The transcript records approvals as “item stands approved” or “no objection” in many instances; the meeting record did not contain roll‑call votes for those approvals in the provided transcript.

View full meeting

This article is based on a recent meeting—watch the full video and explore the complete transcript for deeper insights into the discussion.

View full meeting