Durham, N.C. – June 18, 2015 – (RealEstateRama) — Governor Pat McCrory visited North Carolina Central University today to discuss Connect NC projects that will benefit the university and surrounding region.
“Connect NC will allow North Carolina Central University’s School of Business to provide students with improved educational and research opportunities that meet their expanding needs,” Governor McCrory said. “With new technological resources, the university can expand its distance education delivery to match the growing mobile workforce population in North Carolina and around the world.”
The Connect NC bond proposal would provide $34 million to the North Carolina Central University School of Business to build a new 86,000 square foot facility. The new building will contain improved student-centered learning spaces and technology.
N.C. Central University is one of the 10 UNC institutions to receive a portion of $534 million from Connect NC, and one of the five historically black colleges and universities who will benefit from the bond package.
Connect NC is targeted investments in North Carolina’s roads, education, public health, parks and military. From small farming towns to large cities, Connect NC projects will benefit every community across the state while creating thousands of jobs along the way.
The transportation proposal would pay for 27 permit-ready highway projects throughout North Carolina that have completed environmental documents. In addition, Connect NC would fund the paving of 176 unpaved secondary roads totaling 113 miles.
Because of the state’s fiscal strength and strong balance sheet, no tax increase is needed to fund the bonds and the state’s AAA bond rating would be preserved.
To learn more about Connect NC, visit http://www.connect.nc.gov.