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Nags Head authorizes $13 million bond, moves $38 million beach nourishment into motion; dredges to arrive in late May
Summary
The Nags Head Board of Commissioners approved an interlocal agreement with Dare County and financing actions that finalize town contributions to a roughly $38 million beach nourishment project and authorized budget moves to allow construction contracts and mobilization. Dredges were reported to arrive around May 20–23.
The Nags Head Board of Commissioners on May 6 approved financing and budget actions that finalize municipal funding for a roughly $38 million beach nourishment project and cleared the way for construction mobilization later this month.
Amy, the town’s finance lead, told the board the Local Government Commission had approved the financing and that the town had “settled in on financing $13 million,” with Dare County contributing a separate lump-sum payment and the town drawing down cash reserves for its share. The board voted to approve an interlocal agreement with Dare…
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