The $5 million asking price for a Dills Bluff Road property has been slashed, but it still remains out of the running as the site for a new James Island library, county officials said.
Previously, the James Island Public Service District had told the county that the 6.5 acres was for sale with negotiations starting at $5 million.
On Monday night, a majority of the commission voted in favor of selling the land to the county for $1 million, said PSD Commissioner Eugene Platt.
The last commission appraisal for the acreage was $555,000, but officials thought it was undervalued because of the cost of nearby land.
County Council Chairman Elliott Summey and a majority of council have expressed support for a 5-acre parcel on South Grimball Road as the site for a new island library. The school district has said it would donate the property next to James Island Elementary. Council is scheduled to vote June 16 on the issue.
Summey said Tuesday that he still favors the South Grimball site.
The county library Board of Trustees ranked Dills Bluff as the best location for a new 20,000-square-foot island library. An empty building where the Bi-Lo store is located near Folly and Camp roads ran a close second.
Putting the library at the Grimball Road location would cost an estimated $11 million compared with $10.8 million for Dills Bluff not including the land costs. The Bi-Lo site would cost $9.3 million to turn into a library, officials said.
The James Island library is currently located on Camp Road near Dills Bluff Road.
In a November referendum, voters approved $100 million for library system capital improvements including two new libraries, replacing three of them and renovating other branches.