Proposed borrowing projects if $2B bond question passes

RALEIGH, N.C. (AP) – A glance at how the proceeds of $2 billion bond package would be spent if a majority of voters agree to the referendum on ballots for the March 15 primary:

– $980 million for the University of North Carolina system, with $935 million for construction projects on 14 campuses, many targeting the science, engineering and math fields. The remainder would go to renovations at three other campuses.

– $350 million earmarked for all 58 community colleges. New construction would require local matching funds. Community colleges must report on how the money is spent.

– $309.5 million for water and wastewater system projects, with $100 million of the amount earmarked for grants and the rest for loans.

– $94 million for a new Department of Agriculture lab in Wake County.

– $85 million for a plant sciences building shared between the Department of Agriculture and N.C. State University.

– $75 million for more than 40 state parks.

– $70 million to construct National Guard readiness centers in Guilford, Burke and Wilkes counties.

– $25 million to replace the Africa Pavilion for the North Carolina Zoo in Asheboro.

– $8.5 million for the new Samarcand Training Academy for correctional and probation and parole officers.

– $3 million in grants for local parks for children and veterans with disabilities.


Source: Connect NC Committee; House Bill 943.

(Copyright 2016 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

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