Connect NC Bond

NC voters approve $2-billion Connect NC Bond

North Carolina voters overwhelmingly approved the $2-billion Connect NC Bond referendum March 15 by a 2-to-1 margin. The bond will enable the state to finance a variety of much-needed capital and infrastructure improvement projects across the 17 University of North Carolina campuses.

“This is a great day for the UNC system and all of North Carolina,” UNC President Margaret Spellings said. “We are grateful to the voters for approving the Connect NC Bond package and for their demonstration of support and confidence in our public University and community colleges. North Carolina is known for its longstanding commitment to public higher education, and the economic return on that investment has been tremendous. Today -- at the ballot box -- our citizens reaffirmed that historic commitment. With their votes, they said that higher education must continue to help meet the needs of the state and to open the doors of economic opportunity for their children and grandchildren.”

The UNC system will receive about $1 billion of the funding generated by the bonds. Those proceeds will be used to construct or renovate buildings on all 17 campuses, with a focus on science, technology, engineering and health care facilities. The bond also will fund infrastructure improvements through agricultural, environmental and recreational projects across the state.

No new taxes will be required to finance the bond.

Official statement from UNC System President Spellings on the passage of the Connect NC Bond referendum

“This is a great day for the UNC system and all of North Carolina. We are grateful to the voters for approving the Connect NC Bond package and for their demonstration of support and confidence in our public University and community colleges. North Carolina is known for its longstanding commitment to public higher education, and the economic return on that investment has been tremendous. Today—at the ballot box—our citizens reaffirmed that historic commitment. With their votes, they said that higher education must continue to help meet the needs of the state and to open the doors of economic opportunity for their children and grandchildren.”

 

Information on each campus project can be found by clicking on the campus logo below.

Winston Salem State University Connect NC Bond 2015

East Carolina University Connect NC Bond 2015

Western Carolina University Connect NC Bond 2015UNC Greensboro Connect NC Bond 2015

NC School of Science and Math Connect NC Bond 2015