In a strategic move to insure Mt. Pleasant town council members keep their seats and at the same time extend their terms by 14 months, they have finally made the right choice for OK Tire property owners Mark Mason and Phillip Smith by authorizing Mayor Hallman to sign a $6M agreement with them.
Not to count one’s chickens before they hatch, Dec. 18th could be a very happy day for the two gentlemen, because that’s when the agreement is scheduled to be closed. Hopefully I will be posting just one more time on this heated topic of discussion!
* Update: looks like the good news for the OK Tire property owners I was waiting on!
OK Tire’s dilemma with Mt. Pleasant’s Town Council has brought the term “eminent domain” to the forefront for residents and business owners alike all over town. In situations like this, it’s always a good idea to look at the facts first, and then make any judgments or decisions afterwards based on solid research.
As a matter of public record, the OK Tire property time line is as follows:
- Sept. 11: Town Administrator Mac Burdette said that council authorized Town Attorney Allen Young to request issuance of the check pursuant to discussions it held in an executive session.
- Sept. 25: The $2,285,000 check was based on an appraisal of the OK Tire property by Hartnett Realty Co. Inc. on this date.
- Oct. 3: Young requests a check for $2,285,000 to be issued on or before Oct. 10 payable to Charleston County Clerk of Court. The funds will be posted with the clerk as part of a condemnation action to be filed relative to the OK Tire property.
