The third and final reading of the ordinance to create a Tax Increment Financing district to fund the $144 million public development on the Savannah River will be Nov. 18. The project would include a baseball stadium that would be home to the Augusta Greenjackets.
Councilman James Adams once again opposed the ordinance, this time without voicing any concerns. In the first reading last month, which followed a public hearing that lasted more than two hours, Adams said he disapproved of government involvement in a private investment.
Atlanta-based development group Greenstone Properties revealed its plans in December. The total private investment is $101 million.
Councilwoman Carolyn Baggott was absent from Monday’s meeting.
Council members voted unanimously to approve the new wording on the ordinance, which removed the mention of a hotel and conference center, a YMCA, housing, and retail and office space in favor of a broader description. The streamlined version now refers to those areas of the development as “private investments.”
Before voting on the second reading, North Augusta Mayor Lark Jones reminded the audience that despite how the council votes, nothing is final at this point.
“This is the ordinance that will gave us the tools in order to move Project Jackson forward,” he said. “This is not the approval of any building, any parking lot or garage or any improvement. This just gives us a starting point so that we can start planning to do the project.”
The council voted to approve the second reading without any questions or comments from the audience.