Governor Pat McCrory visited the Greensboro headquarters of the North Carolina Association of Realtors® (NCAR) this week to thank members and staff for their support of the Connect NC bond initiative, which voters will be asked to endorse when they go to the polls on March 15th.
The visit was in recognition of NCAR’s commitment to provide $150,000 in financial and in-kind contributions to the statewide bond campaign.
Connect NC is a $2 billion bond package that would fund improvements in public universities, community colleges, state parks, National Guard facilities, and numerous local water and sewer systems. The bond will provide targeted, long-term improvements focused on areas critical to improving the quality of life for North Carolina residents.
The bond will allow the North Carolina to pay for 50-year infrastructure with 20-year financing. It will not require any tax increases, given the state;s strong revenue growth, prudent fiscal stewardship and ample debt service capacity.
REBIC joins NCAR and the Charlotte Regional REALTOR® Association in endorsing the Connect NC bond initiative, and will be working with other local business groups to ensure its passage.
To read more about the Connect NC Bond, click here.