ROCK HILL, S.C. — The Carolina Panthers organization is waiting to break ground on its 200-acre property in Rock Hill.
The city is still continuing negotiations with the Panthers on the Land Development Agreement.
According to our News Partner WRHI, the inter-local agreement between the city, county and Panthers includes language that says the city must issue $225 million in bonds no later than October 31st of this year.
City Manager David Vehaun says that is obviously a lot of money and that’s exactly what they are negotiating.
The city and county have signed the inter-local agreement, but the Panthers have not.