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File #: 16-062   
Type: Resolution (Non-Consent) Status: Passed
File created: 1/25/2016 In control: Board of Commissioners
On agenda: 2/9/2016 Final action: 2/9/2016
Enactment date: 2/9/2016 Enactment #: 2016-059
Title: Board of Commissioners - Governor Pat McCrory's $2 Billion Connect NC Bond Act - A Referendum on the Ballot for March 15, 2016
Sponsors: Chad Brown, Joe D. Carpenter, Allen R. Fraley, Tom Keigher, Tracy L. Philbeck, Mickey Price, Jason Williams
Attachments: 1. Adopted 2016-059, 2. Gov McCrory $2B Connect NC Bond Act Resol - 2/9/2016

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Board of Commissioners - Governor Pat McCrory's $2 Billion Connect NC Bond Act - A Referendum on the Ballot for March 15, 2016

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STAFF CONTACT

Donna S. Buff, Clerk to the Board - (704) 866-3196

BACKGROUND

Governor Pat McCrory has proposed a $2 billion bond initiative intended to connect North Carolina cities and towns to the 21" century through statewide investments in education, parks, safety, recreation, and water and sewer infrastructure.

No tax increase will be required to fund these bonds and in addition, the State's Triple A bond rating will be preserved.  Passage of the referendum package WILL NOT increase property taxes in Gaston County.

The Connect NC Bond invests $134.8 million in the Southwest Region and allocates $6 million for Gaston College, $750,000 for Crowders Mountain State Park and provides Gaston County with the opportunity to seek matching grants for water and sewer infrastructure expansions.

The citizens of North Carolina must be allowed to make this important decision and the Board of Commissioners encourages Gaston County voters to express their opinion by voting on March 15th, 2016.