Commissioners to consider $37 million in loans at Sep. 16 meeting

The Buncombe County Board of Commissioners may open a process to take out up to $37 million in loans, primarily to help finance the construction of a new parking deck and Human Services building. That item tops the agenda for the board’s Sept. 16 meeting.

The resolution would apply to the state’s Local Government Commission to approve the package and set a date for a public hearing. The financing team would include Parker Poe Adams & Bernstein, a Charlotte firm, as well as Wachovia. State senator Martin Nesbitt would be the “co-special counsel” on the deal, according to the resolution, and the additional debt is not expected to lead to a tax increase.

Among other matters, the commissioners will consider a rezoning request by Equinox Environmental for property on Riverside Drive, and hear a report on the county’s Work First program.

The meeting begins at 4:30 p.m. on Tuesday, Sept. 16, in room 204 of the Buncombe County Courthouse. A pre-meeting, including public comment, begins at 4 p.m. The commissioners will interview applicants for seats on the county planning board starting at 2:30 p.m.

— David Forbes, staff writer

SHARE

Before you comment

The comments section is here to provide a platform for civil dialogue on the issues we face together as a local community. Xpress is committed to offering this platform for all voices, but when the tone of the discussion gets nasty or strays off topic, we believe many people choose not to participate. Xpress editors are determined to moderate comments to ensure a constructive interchange is maintained. All comments judged not to be in keeping with the spirit of civil discourse will be removed and repeat violators will be banned. See here for our terms of service. Thank you for being part of this effort to promote respectful discussion.

Leave a Reply

To leave a reply you may Login with your Mountain Xpress account, connect socially or enter your name and e-mail. Your e-mail address will not be published. All fields are required.