Mayor Sayre sent this letter to Treasurer Folwell earlier today in response to a citizen’s letter to the Treasurer regarding the Village’s debt projections. In addition to this letter, the Village has prepared this supplemental information highlighting the Village’s current debt service, proposed debt service, and potential debt service which shows the Village has sufficient … Continued
The Village Council regular meeting is this Friday, August 20, 2021, at 10:00 a.m. The Village will be setting up the meeting room for social distancing so in-person attendance will be limited. Those who wish to listen in online can call the Village’s conference call line at 1-855-369-0450, use Pin# 41787483. There are two public … Continued
The presentation from today’s information session on the Village’s proposed acquisition of the Bald Head Island transportation system can be viewed HERE. It is also posted on the Village’s BHITA Documents webpage HERE along with many other documents related to the acquisition of the transportation system. The Village Council appreciates those who attended in-person and … Continued
As mentioned in the Village’s previous announcement, an information session will take place on Friday, August 6, 2021, at 10:00 a.m. in the multipurpose room of the Department of Public Safety Building. Below are the instructions to access the meeting online via Zoom. Questions will be taken after the presentation. Online participants will be able … Continued
Village Council is encouraged by recent developments shared at the July 26 meeting of the BHI Transportation Authority Board. Notably, the second appraisal of the combined Deep Point and Bald Head Marina properties is around $2.9M less than the original. In addition, the Transportation Authority’s financial advisor informed the Authority Board that the interest rate … Continued
The Bald Head Island Transportation Authority will be having a special meeting open session on Friday, July 30, 2021, at 9:15 a.m. Below is the information to attend remotely. Join by phone (dial or tap)+14156550001,,1611420266# US Toll+442031988143,,1611420266# UK Toll Join with the following meeting link:Click or tap to Join the meeting Note: Change the audio … Continued
The Village has received the latest appraisals from the Bald Head Island Transportation Authority. The Bald Head Island Ferry Terminal appraisal can be viewed HERE. The Deep Point Ferry Terminal appraisal can be viewed HERE. Both documents are also available on the BHITA Documents webpage HERE (under Other). The previous appraisals can be found under … Continued
The Bald Head Island Transportation Authority will be having a special meeting open session on Monday, July 26, 2021, at 1:00 p.m. Below is the information to attend remotely. Join by phone (dial or tap)+14156550001,,1614638200# US Toll+442031988143,,1614638200# UK Toll Join with the following meeting link:Click or tap to Join the meetingNote: Change the audio connection … Continued
The Bald Head Island Transportation Authority will be meeting today at 9:15 a.m. Those interested can attend online using the information below: Join by phone +14156550001,1614869392# US Toll +442031988143,1614869392# UK Toll Join with the following meeting link: Click or tap to Join the meeting Note: Change the audio connection type to “Call me” or “I … Continued
As you may have heard, the Village is considering acquiring the BHI Transportation assets. Factoring into its consideration are: Lower Debt: significant savings because of less funds borrowed and at an interest rate of approximately 2.43% – 2.92% versus 4.25% or more for the Bald Head Island Transportation Authority (“BHITA”) – savings that can be … Continued