By Betsy Finklea
The Dillon City Council is considering holding a bond referendum to borrow money for a splash pad and pool.
The citizens would then decide by a vote whether they would like to do this.
Mayor Todd Davis said they could have someone come to council next month to discuss this further.
Councilman John Braddy said he would like to hear what the options are.
They are looking at possibly a figure of $2 million to be paid back over 20 years. The annual payment depending on the interest rate could range from anywhere from $130,000-$175,000. Council will have to decide how much they want to spend on the projects.
Councilman Johnny Eller said he was concerned about the length of time to get this done and what would happen if the vote was not overwhelming.
If the vote was against the bond referendum, they would not be able to borrow through a bond referendum to do the projects.
Councilman Phil Wallace said he thought the next few months would be tough in the national economy, and he thought that they did not need to obligate themselves on either of the projects.
