Congratulations to North Carolina on the passing of the 2016 Connect NC Bond!
It’s been 15 years since the last general obligation bond was approved to upgrade North Carolina’s infrastructure and since then 2 million people have been added to our population. To keep up with this growth, voters overwhelmingly approved a $2 billion bond to provide statewide investments in education, parks, agriculture, safety, recreation, and water and sewer infrastructure. The bond will be structured through a 20-year debt instrument with no tax increases necessary to finance it. With historically low interest rates, Connect NC will not jeopardize our strong credit ratings and will pay for assets that will provide North Carolina with returns on its investment for generations to come!
As you can see in the chart below, the bond’s inclusive nature provides opportunities for each region in North Carolina. The statewide reach of the bond will ensure that North Carolina remains a state to which no other compares.
The Wooten Company is proud to have joined with the American Council of Engineering Companies of North Carolina in supporting the passing of this critical investment. The Wooten Company looks forward to helping our clients across North Carolina in securing some of the Connect NC bond proceeds. The Wooten Company invites you to reach out to learn more about how you can take advantage of the buildings and infrastructure investment opportunities available to you. With over 80 years of experience working with schools, local government, and water and sewer authorities across North Carolina, The Wooten Company is completely equipped to help you with any bond proceeds.