Town of Calabash Debt Approved: Will Be Used To Replace City Hall

Town leaders in Calabash (Brunswick County) plan to relocate its town hall, saying its current one is inadequate to balance workforce capacity with community needs. to meet community needs. The leaders brought this request for $2 million in financing to the Local Government Commission (LGC) today and were approved to move ahead. Calabash officials say this improvement is necessary for the town's economic operation and the general health and welfare of its residents. The Town will supplement the $2 million in financing with an additional $1.1 million cash, for a total $3.1 million project.

State Treasurer Brad Briner chairs the LGC. The commission is staffed by the Department of State Treasurer (DST) and has a statutory duty to approve most debt issued by units of local government and public authorities in the state. The commission examines whether the amount of money units borrow is adequate and reasonable for proposed projects and confirms the governmental units can reasonably afford to repay the debt. It also monitors the financial well-being of more than 1,100 local government units.

Now into a new fiscal year, leaders from the City of Rocky Mount once again updated LGC members on the City's financial health. The deputy city manager, finance officer and mayor say they are on a much more secure financial footing for this fiscal year and are continuing to work on their budgeting.

In other matters the Commission approved requests for:

• Aqua North Carolina (Cumberland County): $2,342,800 as a State Revolving Fund loan for Brookwood Wells PFOS/PFOA removal by adding filtration systems at each of its sites.
• Aqua North Carolina (Wake and Durham Counties): $1,031,875 as a State Revolving Fund revolving loan for Wyntree and Willow Hill Well Improvement Projects to reduce PFOS and PFOA to non-detectable levels.
• Brunswick County: $40 million in Limited Obligations Bonds for a new Health and Human Services/Emergency Operations Center and to refinance the county's 2015A Limited Obligation Bonds for North Brunswick High School.
• Cape Fear Public Utility (New Hanover County): $230 million in revenue bonds for the Southside Water Reclamation Facility (SSWRF) Replacement, which will include building new infrastructure, modernizing treatment technology and expanding its capacity.
• Cape Fear Public Utility (New Hanover County): $144,134,131 as a State Revolving Fund loan for the SSWRF Replacement. This is an increase in an existing loan.
• Durham County: $240 million in General Obligation bonds- refunding for several general government projects.
• Town of Granite Quarry (Rowan County): $1.5 million as an installment financing contract for construction, infrastructure upgrades and site development for the Granite Park and Town Hall renovation projects.
• Hendersonville (Henderson County): $10 million in General Obligation bonds for transportation-related projects, including construction, widening, extending, paving, resurfacing, grading and other improvements to streets and sidewalks.
• Lenior County: $2,360,000 as an installment financing contract through the federal Rural Economic Development Loan & Grant Program, operated by the US Department of Agriculture, to partially fund the construction of a shell commercial building for businesses located in or relocating to the County.
• Liberty Preparatory Christian Academy (Iredell County): $10,500,00 from the proceeds of conduit revenue bonds issued by the North Carolina Capital Facilities Finance Agency to refinance the school's current taxable loan and provide funds for construction of a cafeteria/multi-purpose room, new classrooms and a STEM and chemistry lab.
• Carolina Village (Henderson County): $50 million from the proceeds of conduit revenue bonds issued by the North Carolina Medical Care Commission (NCMCC). The project approved by NCMCC is to make sewer improvements and expansion.
• Orange County: $27 million in limited obligation bonds for a crisis diversion center focusing on urgent care for behavioral health to individuals 4 years old or older for up to two weeks.
• City of Eden (Rockingham County): $4,142,035 as an installment financing contract for a water and sewer advanced metering infrastructure project to replace the current automated meter reading system.
• Stanly County: $22,522,000 in USDA revenue bonds for a capital improvements project that will include upgrading the McCoy's Creek pump station and other West Stanley WWTP Enhancement Project issues.

You can find all material from today's meeting here: July 2026 LGC Meeting Materials

The LGC's next meeting is Tuesday, August 4th.

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