A majority of Local Government Commission (LGC) members veered from longstanding staff guidelines to approve an incomplete $78 million financing request from Cabarrus County at their meeting Tuesday, Nov. 12.
State Treasurer Dale R. Folwell, CPA announced today that S&P Global Ratings has affirmed its 'AAA' long-term rating on North Carolina's outstanding general obligation (GO) bonds.
Local Government Commission Acts on Many Public Buildings, Infrastructure Requests
Members Also Approved Returning Financial Control to the Town of Eureka and Cliffside Sanitary District
In Other Action, Local Government Commission Returns Financial Control to Town of Spring Lake
Majority of that Amount was for Charlotte Water and Sewer Upgrades
Local Government Commission OKs Nearly $800 Million to Finance Projects Statewide
Local Government Commission Approves Over $1.5 Billion in Financing for Projects Statewide
Local Government Commission Approves Bonds Issuance for County Jail, Town Hall
$73 Million Financing for Mudcats Baseball Stadium in Wilson Among Other Items Approved by LGC