Tag: Project Blue

Revelations Rock(er) Project Blue

New revelations this week about Covation LLC COO David Rocker’s criminal past brought further questions to the viability of the Myrtle Beach Regional Economic Development Corporation’s now infamous Project Blue.

Among other revelations, Rocker failed to file income tax returns for 14 consecutive years while participating in a Klein conspiracy to interfere with the lawful government functions of the IRS.

This new information comes to light as the EDC is lobbying for third reading approval, by county council, of an ordinance that would approve the issuance of $8 million in county general obligation debt as part of an estimated overall $24 million incentive package.

Continue Reading →

Economic Development Secret Revealed

The hoped for home run from Myrtle Beach Regional Economic Development Corporation was reduced to a bunt single when it was revealed the secret Project Blue is really just a 1,000 job call center.

County council debated the project behind closed doors in executive session for two weeks, before council member Gary Loftus and EDC CEO Brad Lofton made the details of the project public in an interview with the Myrtle Beach Herald last week? Why all the initial secrecy?

A 1,000 job call center project that offers $14 per hour to employees while it receives $24-$30 million of combined incentives is about as good as it is going to get for Horry County economic development. At least that is what Loftus told the Herald last week.

Continue Reading →
1 2