Council considers $50M bond issue at retreat

By Brie Handgraaf

8 Comments | Leave a Comment

FAYETTEVILLE – The culmination of the Rocky Mount City Council’s annual retreat Friday was a preliminary discussion about a bond referendum proposed for spring 2014.

“We’ve got to invest money to spur activity in our community,” City Manager Charles Penny told council members. “Raleigh has a huge tax base, but they have hundreds of millions of dollars in debt to move projects along. We’ve got to reinvest in our community if we want other people to reinvest in it as well.”

Penny proposed an estimated $50 million bond to pay for resurfacing failing streets and constructing sidewalks around the city, neighborhood revitalization, additions to soccer fields at the sports complex and stadium, relocating the judicial center downtown and renovating the
Booker T. Washington High School.

“We need something in the package that everyone can sink their teeth into,” Penny said.

Councilman Tom Rogers said the list of projects included in the proposal all are about “creating a more livable city.” Councilman Reuben Blackwell said the proposal coordinates with what the community needs to realize the vision of residents and officials.

“I think Rocky Mount is ready for this,” Blackwell said.

Penny and Finance Director Amy Staton proposed hiring an independent financial advisor to assess the city’s credit and debt to prepare for the credit rating needed to pass a bond referendum.

“This is an independent person to just lay it all on the table,” Staton said. “They won’t tell you to do it or not to do it. They’ll just tell you what they find.”

Staton said three financial advisors bid for the position and a recommendation will go before the City Council soon.

Public Affairs Manager Tameka Kenan-Norman also presented an update on the work she and other staff have done since she was hired nearly a year ago.

In addition to writing press releases, Kenan-Norman maintains a bi-weekly City Beat newsletter with nearly 2,500 subscribers, an employee newsletter, has produced a magazine targeting residents and another targeting employees as well as completed 49 television shows for TV 19 and two Talk of the Towns.

Kenan-Norman said her goal is to streamline the image of the city into a united front and create a comprehensive communications plan. While her marketing budget is $300, she said she has used marketing funds from other city departments to help pay to promote programs and events.

Blackwell said he is supportive of the work she has done and the idea of developing a regional marketing initiative with the support of other local governments, organizations and businesses.

“Just adding money to our budget isn’t going to do what is needed to change our image,” he said. “It is going to take all of us coming together.”

Comments

Council

downtown development was a good idea 10 or 15 years ago when every other city was doing it. now the city is too far gone with other problems. And Dancy, if the council was not black we probably wouldn't be having this discussion. BUT, the problem with the black council is they only think black. If they thought more of Rocky Mount as a whole then it wouldn't matter if they were black, white, green or blue. Andre Knight only thinks black. He is the head of the NAACP. Rueben Shouldn't even be on the coucil with all the govt money he takes. I don't care who is on the council. Just do what is best for Rocky Mount not just what benefits the blacks in Rocky Mount. Dancy you have only worked here for 26 years. I have lived here for 36 years, this is my home.

Sad

I don't live in Rocky Mount but have worked there for the past 26 years and the work is making the city look good. Only someone who does not want to see the city move forward and look good will say otherwise.

I wonder what they would be saying if the council was not a Black majority and they were trying to bring downtown back to life.

Get over it, old-timers.

The City has and will continue to move forward despite your best efforts to do nothing.

might not seem like me, but...

OK. I've said my share against downtown redevelopment in the past. but... on this one, I say go for it. here's why: I was against downtown redevelopement, beale st, the 'hill', etc. during the past year I drove thru all those places, and honestly, can see where the money spent was worth it. there are many improvements in the 'inner city' as we call it'' and on the east side of rocky mount, oakwood area, etc... rocky mount does need to step forward and keep things improving/stepping ahead--it won't be wasted. have to admit all the city leaders are much more informed than I am. invest in rocky mount, it will come back to us.. already has in the inner city areas redeveloped

City Council

Rocky Mount is not nor will it ever be a Raleigh. The city does not need more debt,you will not get people downtown until you make it feel safe. It may be safe but the preception is it is not. The only way to do this is to stop the thug activity and increase police presence. Take extra money and get more police, stop the criminal activity and then the city will rise. Have to agree with truthhurts, Blackwell has no clue!! He lives off of all our tax money and all of his projects do as well, wake up people, check the books see how much federal and state aid he gets and does he have to be accountable for that money, NO, does he have to show results, NO, he just holds out his hand and collects. That is what is wrong here.

Sad

I don't live in Rocky Mount but have worked there for the past 26 years and the work is making the city look good. Only someone who does not want to see the city move forward and look good will say otherwise.

Raleigh

Aparently, Rocky Mount wants to be more like Raleigh with a large tax base and debt to proceed with government projects. Notice projects and investment are code words for more spending. The problem is that Rocky Mount's tax base is not as robust as Raleigh's. Rocky Mount will end up looking more like the federal government with their tax and spend policies. Rocky Mount could save money by scrapping their annual retreat and not hiring advisors/consultants to examine issues/problems, etc. We are electing councilmembers and paying city managers to do this.

Comment will be banned by Powers to Be

“Raleigh has a huge tax base, but they have hundreds of millions of dollars in debt to move projects along." Charles Penny said this. How can you have debt and move projects along, sounds like Obama, spend , spend and spend, then tax the citizens to death so the folks that wont work have somewhere nice to go and do. This city council and staff is a joke. Mr. blackwell should not vote on anything downtown since he is receiving federal, state, county , and city funds to do what ever hos group does. Bet he has never missed a paycheck like his employees. guess this will be banned

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