The York County Council approved a proposal that would continue construction on the Carolina Panthers’ stalled practice stadium in Rock Hill.
Construction on the stadium halted earlier this month after Tepper Sports claimed that the city of Rock Hill failed to meet its financial obligations in the deal, which reportedly totaled upwards of $225 million supposed to be allocated from government incentives for infrastructure, according to WBTV.
The approved proposal would have the Panthers pay for the construction of the sports stadium and surrounding infrastructure in exchange for the city granting them tax credits in the future.
“The Panthers will pay for all the infrastructure going in – that’s your water lines, your sewer lines, your roads, your sidewalks, your power lines – The Panthers will pay for that all upfront, and we will give them tax credits on the back end to basically reimburse them for them putting in public infrastructure,” York County Councilman Bump Roddey told WBTV.
“York County – we’ve done all that we can do to send a strong message to the Panthers. We want them here, and we’re willing to continue to work through any difficulties we may have,” Roddey said.
The proposal will have to be approved by the City of Rock Hill and Carolina Panthers in order to proceed with construction.
