Jul
25

More Talks Set On Proposed Okatie Development

By
July 25, 2008

By Jim Faber – The Island Packet

After a two-hour discussion Thursday about a 1,252-home development along S.C. 170 at Okatie, it became clear that more discussion was needed.

Developers of Okatie Village met with a Beaufort County Council subcommittee to hammer out details on issues ranging from school impact fees to how much should be shelled out for widening S.C. 170.

At the end of the meeting of the Development Agreement Subcommittee, all that was certain was that an agreement would be drafted for each of the three parcels in the development — Okatie Marsh, Osprey Point and River Oaks — and that the developers and their attorneys would submit draft agreements within 10 days, if possible, to county staff.

One issue was what fees will be paid to the Beaufort County School District. The county is asking for $6,000 per home and $2.50 per square foot of commercial development. The developers’ attorneys, Lewis Hammet for River Oaks and Osprey Point and Roberts Vaux for Okatie Marsh, said that fee is too high.

ARTICLE SHORTENED DUE TO LENGTH….

LINK TO ARTICLE HERE:
http://www.islandpacket.com/news/local/story/559288.html

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