Ted Stambolitis has resigned from the Lexington Town Council. According to an official Town press release, “Mr. Stambolitis no longer meets the eligibility requirements of a qualified elector.”
Lake and Main questioned Mr. Stambolitis’ residential status in March and December, 2016 when he built a home on Lake Murray several miles outside Lexington’s town limits. Earlier this month, the Stambolitis home in town was listed for sale. Photographs of the interior of the home clearly show it as unoccupied, yet Mr. Stambolitis had claimed it as his primary residence.
Lake and Main also revealed in October and November of last year that he had not filed his state-mandated Statement of Economic Interest. Due in March of each year, Mr. Stambolitis did not file his until November 3, 2017 – one day after Lake and Main’s second article.
Mr. Stambolitis’ resignation means a special election will have to be held to fill the position until the originally scheduled election in November.