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Blowing Rock council authorizes solicitation for roughly $2.25 million installment loan to fund park, land and fire station upgrades
Summary
Council authorized staff to solicit bids and to file an application with the Local Government Commission for an approximately $2.25 million, 10‑year installment loan to fund Colas Memorial Park work, two land purchases, and upgrades at Fire Station 1 (Station 1 would be used as collateral).
The Blowing Rock Town Council on July 8 approved a motion authorizing town staff to solicit bids and proceed with an application to the North Carolina Local Government Commission (LGC) for an installment loan of approximately $2,250,000 to fund several capital projects.
Town staff member Mr. Fox outlined the proposal at a public hearing required by statute, saying the loan would cover the Colas Memorial…
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