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    Home»Investments»Local Government Commission approves millions in bonds for New Hanover, Pender counties
    Investments

    Local Government Commission approves millions in bonds for New Hanover, Pender counties

    August 6, 20241 Min Read


    (Photo: MGN)

    WAKE COUNTY, NC (WWAY) —  Some good financial news for several major projects in the works in New Hanover and Pender counties.

    The Local Government Commission approved a total of $105.5 million in limited obligation bonds for both counties on Tuesday.

    New Hanover County had an application before the LGC for $37.5 million in limited obligation bonds to build a nearly 20,000-square-foot library, two fire stations, an ammunition warehouse and an office/classroom building at the Sheriff’s Department firing range. Some of the money would also go towards roof replacement at the county Senior Center.

    Pender County had a request on the agenda for approval of $68 million in limited obligation bonds to build a 10,000-square-foot law enforcement center. It will house a detention center, a sheriff’s office, 911 operations center and an evidence storage facility.





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