Town of Hollywood addresses opposition to bond tied to legal settlement

HOLLYWOOD, S.C. (WCBD) – The Town of Hollywood is responding to concerns about a proposed bond connected to a legal settlement after more than 800 residents signed a petition opposing the measure.

Town leaders held a special meeting Monday evening to address the petition and provide an update on the town’s obligations under a settlement agreement stemming from a lawsuit filed by the Pederson family.

According to the town, the dispute dates back to a 2010 agreement in which the Pederson family donated nine acres of land for the construction of the current town hall and library. In exchange, the town agreed to allocate 375 sewer taps for future development on the remainder of the family’s property…

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