Morrisville Town Board approves $15M bonds and agency funding for 2026

Fireworks regulations and significant funding decisions took center stage at the Mooresville Board of Commissioners meeting on July 7, 2025. The board clarified that while fireworks displays on town property are restricted, residents can still celebrate with private fireworks in their neighborhoods.

The meeting also featured a pivotal motion to adopt an ordinance amending town regulations on firearms and miscellaneous provisions, which passed unanimously. Mayor Tom Hui led the motion, emphasizing the importance of updating local laws to reflect current needs.

In a significant financial move, the board discussed a proposed bond issue of over $15 million to fund the first phase of Moore Park's construction. Chief Financial Officer Chris Quinn explained that this financing would not increase tax rates, as it would replace existing debt service. The board is set to finalize this resolution on August 4, with anticipated market activity by late August.

Additionally, the board approved funding allocations for various outside agencies for the fiscal year 2025-2026. Notably, the Iredell County Economic Development Corporation received $178,251, while the Mooresville Downtown Commission was allocated $203,500 to support local events and initiatives. These funding decisions align with the town's strategic priorities and aim to enhance community services.

The meeting concluded with a commitment to transparency and adherence to state laws regarding funding distributions, ensuring that all board members recused themselves from votes where conflicts of interest existed. The board's actions reflect a proactive approach to community development and fiscal responsibility.