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Commissioners approve resolution to seek up to $14 million in USDA financing for new elementary school and bus garage
Summary
After a closed session, Greene County commissioners voted to authorize an application for USDA financing not to exceed $14 million for construction/relocation of an elementary school, associated administrative offices and an added bus garage.
After returning from a closed session held under attorney‑client privilege, the Greene County Board of Commissioners approved a resolution authorizing an application for USDA financing not to exceed $14 million for construction and relocation of an elementary school, related administrative offices and an added bus garage.
The board entered closed session earlier in the meeting under North Carolina statutory authority cited in the record (referenced as NC general statute 143‑318.1 sub A3) for attorney‑client matters. After the closed session, the board resumed open session and the chair moved to approve the resolution to pursue USDA financing for the school project.
The motion language recorded during the meeting stated the financing request would be "not to exceed $14 million." The board approved the measure by voice vote.
The resolution authorizes staff to proceed with application steps for USDA financing; the record does not include details on repayment terms, interest rates, or a final financing schedule. The board added the bus garage to the proposed financed scope before the vote.
No member moved to amend the dollar cap during the open session; the chair announced the motion carried.
