Atlantic Collegiate Academy Builds Charter School in Conway with $21.3 Million in JEDA Bonds
Conway, SC — Horry County
The South Carolina Jobs-Economic Development Authority (JEDA) has issued $21.3 million in Educational Facilities Revenue Bonds for Atlantic Collegiate Academy (ACA), for a new grade 9-12 charter school in Conway.
ACA opened this year in Beach Church in Myrtle Beach and is using the tax-exempt financing for the acquisition, construction and equipping of a new facility at 5085 Bear Bluff Road in Conway.
“Our focus on sports, athletics, work, and volunteerism gives our students a new opportunity on the Grand Strand to grow and flourish, and JEDA financing is a key to helping us meet our mission.”
Michael Miller, Chief Financial Officer, Pinnacle Charter Academies
“We’re pleased that Atlantic Collegiate Academy and JEDA chose us to help facilitate the issuance of this bond issue. We’re happy to be a part of this complex process,” said Alan Linkous, Bond Counsel with Howell Linkous & Nettles in Charleston.
“JEDA financing has provided favorable options for South Carolina’s educational community for decades, and assisting ACA with their new campus has been a pleasure and privilege,” said Jesse A. Smith, Executive Director of JEDA in Columbia.
