From Governor McCrory:
"When President Dwight D. Eisenhower launched the Interstate Highway System in the 1950s his vision was to connect our country, create jobs and increase American prosperity. Now it is our turn to connect North Carolina to the 21st century through statewide investments in roads, rail, ports, public health, education, technology, parks and our military.
To achieve our vision, I have announced a $2.85 billion bond proposal for strategic investments in our state’s transportation and other public infrastructure that will cultivate a stronger economy and improve North Carolina’s quality of life. This bond proposal will allow us to pay for 50-year assets with 20-year financing. No tax increases are necessary to finance the bonds, given our strong revenue growth and ample debt service capacity. We will continue to balance the budget and uphold our position as one of only 10 states to have earned the coveted Triple A bond rating from all three major ratings agencies.
The time for action is now—we must take advantage of historically low interest rates to connect and invest in North Carolina’s future. I call on my colleagues in the legislature to take action by giving North Carolinians the opportunity to decide on these important investments that will help grow our economy and improve our way of life for generations to come."
AIA North Carolina asks its members to support the Governor's program and let their elected representatives in the House and Senate know that the design and construction industry is behind the Connect NC bond proposals. Here's a link to find your General Assembly representatives. http://www.ncga.state.nc.us/representation/WhoRepresentsMe.aspx
You can find the full Connect NC Program details, along with the proposed list of projects, on the the Governor's Connect NC site here. http://www.connect.nc.gov/