Friday's Internet Edition, September 10, 2010.
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The North Carolina Local Government Commission voted 5-3 Tuesday afternoon to deny the county’s request of $30 million in state-issued Certificates of Participation funds.
School bond referendums in Davie failed in 2003 and 2007.
“I’m disappointed, naturally,” said Beth Dirks, Davie County manager. “This was a compromise plan, and we got it to this point, and to be turned down, it’s hard. We’ll just have to regroup and see where we go from here.”
In most cases, getting approval for COPS funding, designed for non-controversial projects, is considered a virtual certainly if there is a demonstrated need and the ability to take care of the debt. However, this issue had plenty of controversy, and a late-developing problem involving “non-appropriation” may have sealed the verdict.
Although the current board of commissioners favored the ... subscribe to the Davie County Enterprise, P.O. Box 4639, Salisbury, N.C. 28145.