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Carolina Bays Parkway could get an additional $85 million

Construction for the extension of the SC 31 - The Carolina Bays Parkway - may get a funding boost Wednesday when the State Infrastructure Bank seeks the approval of the South Carolina Joint Bond Review Committee.

If the $85 million grant is approved - the Parkway extension project will have $235 million of the estimated $331 million cost covered. Horry County is filling in some of the funding gap from a recently approved sales tax for highway construction.

The Bond Review Committee is not the final step in the grant approval process. In addition the grant needs to receive a green light from the Budget and Control Board.

The Parkway extension project will lengthen SC 31 4.2 miles from SC 544 to SC 707. It also includes the widening of SC 707 to four lanes to US 17.

Currently, the project is in the right-of-way acquisition phase.

Story: Myrtle Beach Sun News

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