Page 18 - Session Law News Today : Breaking News, Live Updates & Top Stories | Vimarsana

WHQR's Hannah Breisinger and Ben Schachtman discuss the story. The current proposal for Project Grace, New Hanover County’s plan to redevelop the downtown library block, will cost taxpayers $90 million over 20 years in lease payments to the Zimmer Development Company. But by its own calculations, the county could save $24 million if it borrowed the money at the current low interest rates and built the project itself. The county is in a bind. Zimmer has said it will only participate if the project is a lease deal, and will walk away if the county directly funds construction. However, the sta...

State Treasurer asks owners to donate the Bald Head Island ferry system North Carolina’s State Treasurer has asked the owners of the ferry between Southport and Bald Head Island to give the entire ferry system to the Village of Bald Head Island or the Bald Head Island Transportation Authority (BHITA). By WECT Staff | December 23, 2020 at 4:21 PM EST - Updated December 23 at 4:21 PM RALEIGH, N.C. (WECT) - North Carolina’s State Treasurer has asked the owners of the ferry between Southport and Bald Head Island to give the entire ferry system to the Village of Bald Head Island o...

The N.C. Supreme Court has affirmed the General Assembly’s control over state spending decisions. A new 6-1 ruling rejects the governor’s attempt to bypass lawmakers in determining how federal block grants should be spent. A 43-page opinion from Justice Sam Ervin IV affirms earlier court rulings upholding state lawmakers’ constitutional power to control money flowing into the state treasury. Justice Anita Earls cast the only dissenting vote. “[W]e hold that the General Assembly did not overstep its constitutional authority by appropriating the relevant federal block grant money in a m...