Holden Beach Property Owners Association

Representing the property owners of Holden Beach, NC

Potential Land Purchase Falls Through

We have been contacted by numerous members asking about the $850,000 purchase of land approved after the Executive Session at the last Commissioners’ Meeting.  The parcels were never publicly disclosed, however, it was rumored to be parcels near the bridge to be used for public paid parking.  Apparently, the purchase fell through.  They approved Budget Amendment 21-33 to take $850,000 from the BPART Fund to pay for it, then later approved Budget Amendment 21-34 to replace the funds – essentially reversing the first Budget Amendment.

Please note: this is NOT the Pier purchase.  The Due Diligence period concluded on November 19 without the Town withdrawing the offer.  It is scheduled to close in February.

Comments are closed.