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Board approves capital project ordinance for North Edgecombe School of Innovation after accepting $62 million grant
Summary
Commissioners approved a capital project ordinance and reimbursement resolution enabling use of a $62,000,000 Needs-Based Public School Capital Fund grant to renovate and construct the North Edgecombe School of Innovation; the grant requires a 5% county match expected to be financed.
The Edgecombe County Board of Commissioners voted to approve a capital project ordinance and accompanying reimbursement resolution tied to a $62,000,000 grant from the Needs-Based Public School Capital Fund for renovation and construction of the North Edgecombe School of Innovation.
County staff told the board the grant requires a 5% local match, which the county plans to secure through financing and intends to pursue before the Local Government Commission in 2026 for borrowing approval. In the meantime, preconstruction activity and reimbursements require an approved project ordinance so the county can proceed with necessary early steps.
The board moved, seconded and approved the capital project ordinance by voice vote. County Manager Evans said staff anticipates appearing before the LGC in 2026 to finalize borrowing; the ordinance allows the county to reimburse preconstruction expenditures and begin project planning.
The action directs county staff and the finance department to manage the financing process and coordinate with school system partners on matching requirements. No final financing terms were reported during the meeting; the board approved the ordinance to allow the project to move forward with required local approvals and preconstruction tasks.
