 HARRY
WEATHERLY
Director of Finance, Mecklenburg
County
By Mike Butler
$554 Million Bond Referendum Set for November 8
That crunching sound you heard at lunch Tuesday
wasn't coming from 300 Rotarians munching fried fish from the Adam's
Mark buffet.
It was Harry Weatherly pounding out the numbers associated with the
$554 million bond referendum that goes before voters November 8.
As Director of Finance for Mecklenburg County, Harry has been
responsible for putting together the bond package designed to help
fund new projects in four key areas over the next several years.
Those areas include:
1. LAND -- $66 million in bond revenues would be spent on
land acquisition by Mecklenburg County. The land would be used for
schools, libraries and other public facilities as well as for Mt.
Island Lake watershed protection.
2. LAW ENFORCEMENT -- $14.5 million is earmarked for youthful
offender housing intended for young inmates who are too old for
juvenile facilities but not old enough to be placed in adult
facilities. An additional $3.8 million will be used for construction
of a new 3,400 square foot inmate training facility. "If someone
learns a trade and can get a job, they don't tend to come back to
come back to jail," Weatherly said. "They have a livelihood."
3. COMMUNITY COLLEGES -- $46.5 million in bond funds will be
dedicated to improving Central Piedmont Community College campuses,
including construction of a new culinary arts facility, expansion of
dental assisting facilities and renovation of buildings and parking
decks and road construction.
4. SCHOOLS - The largest portion of the bond proceeds --$427
million -- will go to local schools to provide for growth and
replacement of aging facilities. Weatherly said the school system is
facing a population increase of 53,000 students over the next ten
years. Bonds will be used to finance a total of ten new schools - 7
elementary, 2 middle schools and one new high school.
Harry explained that a big priority is to maintain the county's AAA
credit rating, noting that Charlotte is one of only 12 places in the
United States that has a AAA rating at the municipal, county and
state levels.
In closing, he challenged the group that "each of us as voters need
to make a decision: Are the needs worth the cost? That's something
you have to decide."
Head Table:
Tony Marciano, Kit Cramer, Herb Harriss, Worth Williamson, Ed Driggs,
George MacBain; Invocation: Duke Ison
Visitors &
Guests:
George Robinette: Health & Happiness: Jim Woodward; Song: Gregg
Walker; Piano: Thomas Moore
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Mecklenburg
County
General Obligation Bonds Outstanding
7/1/05 $1,770,050,000
Certificates of Participation Outstanding 7/1/05
177,025,000
Bonds Authorized and Unissued
276,000,000
Certificates of Participation, Authorized Unissued
154,800,000
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Estimated Debt Service & Tax Rate Effect
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Existing and Authorized
With
2005 Referendum |
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Debt Service |
Tax Rate Effect |
Debt Service |
Tax Rate Effect |
|
FY2006 |
$207,250,957 |
25.0¢ |
$207,250,957 |
25.0¢ |
|
2007 |
230,527,248 |
26.6¢ |
235,827,248 |
27.2¢ |
|
2008 |
239,065,023 |
26.7¢ |
257,832,523 |
28.8¢ |
|
2009 |
242,093,523 |
27.0¢ |
282,388,523 |
31.4¢ |
|
2010 |
239,310,373 |
25.1¢ |
293,182,873 |
30.8¢ |
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November 8,
2005 Referendum
Land
$ 66,000,000
Law Enforcement 14,500,000
Community College 46,500,000
Schools
427,000,000 |
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Rotary Club of Charlotte
841 Baxter Street, Suite 118, Charlotte 28202
chltrot@bellsouth.net 704-375-6816 |
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þ
Sympathy is
extended to John Armistead
and family upon the death of John's father, John Armistead,
Jr., on Monday. The family will receive friends at the
Cypress Club from 5:00 - 6:30 Tuesday. Funeral services will
be Wednesday, 1:00, at Christ Episcopal Church.
þ
Rotarians and their guests are encouraged to
attend the Rotary Foundation Dinner scheduled
for November 10th at the Renaissance Charlotte Suites. Ken
Morgan, Rotary International Director, will be on hand to
address the group. If you would like to attend, please
notify Sandy or Luther Moore before October 26. Tickets are
$35 per person.
þ
Presbyterian Hospital will provide FLU SHOTS
at the Rotary meeting on November 15th. The nurse should be
set up around 11:30 and will also be available for a while
after the close of Rotary. The cost is $25.
þ
Wes Clark invites
everyone to an open house at CNP Technology on October 27th,
5:00 - 7:00. (5600 77 Center Drive).
þ
Sandy Osborne, the
club's Executive Secretary, was introduced as a new member.
Thanks to all of YOU for welcoming ME.
þ
FINAL CALL to become a sponsor and have your name
included in the documentary credits of the TV documentary,
How I Survived WWII. Contributions must be
received in the Rotary office by close of business, October
31st. Mark Your Calendar for the Premier Party
scheduled for November 11th, 6:30 pm at the Charlotte Police
and Fire Training Academy, 1770 Shopton Road. Invitations
have been mailed - RSVP to 704-371-8894 or
premiere@wtvi.org. Family and friends are welcome
to attend. |
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CRISIS ASSISTANCE MINISTRY |
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November marks the 6th year
Rotarians have collected warm clothing for men, women, and
children served by Crisis Assistance Ministry. A table will
be set up in the parking lot of the Adam's Mark Hotel where
you can begin dropping off donations next Tuesday, November
1st. If you require home pick-up, please call the Rotary
office to schedule. Blankets, coats, and backpacks or duffle
size bags are also needed. |
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Attendance
Record |
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10/25/05 |
10/26/04 |
| visitors &
guests |
15 |
20 |
| club
members |
171 |
183 |
| total
attendance |
186 |
203 |
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New Members | Resignations |
Ed Sanz
Ron Campbell
Matt McQuide
Jim Dalgleish
Kit Cramer
Ed Driggs
Sandy Osborne |
Tom Lane
Rusty Brink
Bobby Chesney |
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Wedding
Anniversaries |
2 Selena and John Rogers
2 Carolyn and Chase Saunders
2 Amy and Martin Welton
3 Beth and Tony Zeiss
5 Page and Ed Kizer
7 Pat and Michael Elder
7 Anne and Russell Ranson |
| Birthdays and
Birthplaces |
1 Michael Elder, Kansas City, MO
1 John Hart, Brewton, AL
2 Carroll Thomas, Belmont, NC
3 Bill Meanor, Pittsburgh, PA
3 Tom Senger, Danville, IL
7 Rob Thomas, Charlotte, NC
7 Joel Walters, Rockwell, NC |
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