$1.1B in bonds approved by Wake County voters

North Carolina– Wake County voters approved more than $1.1 billion in bonds for new school construction and park projects. County officials stated that the new bonds will help the county with more economic development opportunities and make the area a greater attraction for businesses. Broken down, $548 million will be used for the Wake County school system on new construction projects, including seven new schools, 11 major renovations and upgrades to security and computers. Voters could be asked to decide on another school bond referendum as soon as 2020 since county leaders opted to go with two smaller referenda rather than one large one this year.

 

Another $349.1 million will be used to construct new buildings and provide repairs and accessibility upgrades for Wake Technical Community College. Some of those new buildings include a health science building, a public safety simulation building, an auto and collision repair facility and a 1,200-space parking garage for its Research Triangle Park campus. Additionally, $120 million in bond money was approved for parks, open space and recreation construction in the county. The parks bond would go toward acquiring 1,800 acres for future parks and open space, building 15 miles of greenways and renovating existing parks. Those renovations could range from small projects like adding new benches to larger projects like adding a nature or education center.