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Board approves borrowing plan and $39.17 million guaranteed-max price for Manteo public-works facility
Summary
Commissioners approved a capital project ordinance, authorized limited-obligation bonds not to exceed $47 million and approved Barnhill’s guaranteed maximum price to build a new Manteo public-works facility.
The Dare County Board of Commissioners approved a capital project ordinance and an authorizing resolution for a public bond sale and accepted a guaranteed maximum price (GMP) from Barnhill Building Group LLC for a construction package tied to a new Manteo public-works facility.
The board approved a capital project ordinance and then voted to authorize a public sale of up to $47 million in limited-obligation bonds to finance public-works projects. The sale is scheduled for Nov. 19, 2025. Commissioners also approved…
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