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1792 • <br />i' <br />A RESOLUTION OF THE CABARRUS COUNTY BOARD OF <br />COMMISSIONERS SUPPORTING GOVERNOR MCCRORY'S BOND <br />PROPOSAL <br />WHEREAS, Governor McCrory has proposed a $2.85 billion bond purposed for <br />investment in the State of North Carolina's infrastructure to strengthen and <br />support the needs of transportation, public health, education, technology, parks, <br />ports and military operations; and <br />WHEREAS, in his proposal, Governor McCrory dedicates $1.48 billion to 101 <br />infrastructure projects in 64 counties and $1.37 billion to 203 highway and paving <br />projects in 57 counties across North Carolina, creating substantial short -term and <br />long -term job growth through projects enhancing North Carolina's readiness for <br />economic growth; and <br />WHEREAS, among the projects in his bond proposal, there are significant <br />investments in Cabarrus County and its neighboring counties; and <br />WHEREAS, in his proposal, Governor McCrory dedicated $7 million to <br />improvements at the Reed Gold Mine State Historic Site, both a landmark and an <br />important piece of Cabarrus County history that should be maintained and <br />preserved for future generations; and <br />WHEREAS, also in his proposal, Governor McCrory dedicated $17 million to the <br />George Liles Parkway Extension Project, to improve connectivity and accessibility <br />while meeting key transportation needs in Cabarrus County; and <br />WHEREAS, North Carolina has a history of using long -term financing to meet <br />infrastructure needs, and it is considered prudent to invest when current rates are <br />at historic lows; and <br />G -5 Page 201 <br />