WILMINGTON, N.C. (October 3, 2014) – The Wilmington Regional Association of Realtors (WRAR) announces its support for the City of Wilmington’s 2014 Transportation Bond. The $44 Million referendum will be on the November 4 ballot.
The bond will cover improvements including sidewalks, crosswalks, trails, roadways and intersections. Based on municipal statistics, the population of Wilmington is expected to increase by 57,000 in the next 20 years. With the city’s current infrastructure, this new growth will result in added roadway congestion and reductions to safety.
WILMINGTON, N.C. (September 26, 2014) – Yesterday, the Wilmington Regional Association of Realtors (WRAR), asserted its support for the $75 million Pender County Schools School Construction Bond Referendum that will be on the November election ballot. The vote of support came in response to Pender County Commissioner David Williams’ presentation to the WRAR’s Governmental Affairs Committee on September 4, 2014.
“Pender County is experiencing many of the same growth-related and dated-facilities symptoms as New Hanover County,” said Tom Gale, Chair of the Governmental Affairs Committee. “Earlier this summer, the Association came out in support of the school bond in New Hanover County, and, understanding that Pender is in a very similar place, it makes sense to similarly support Pender County’s efforts to improve school infrastructure.”
WILMINGTON, N.C. (September 1, 2014) - North Carolina is enjoying unprecedented growth in feature film, television series and commercial productions as a direct result of our balanced, sustainable Film Incentive Program.
With annual in-state spend approaching $500M in 2013, North Carolina was home to Iron Man, The Hunger Games and hosts ongoing series like Banshee and Homeland.
While our 25% incentive attracts Hollywood productions looking to save money through tax-rebates, the vast majority of the money spent in-state is driven to "below-the-line" tradespeople like carpenters, production assistants, electricians, grips, make-up artists, catering and craft services freelance employees. Local hotels, restaurants, retail stores and industries that support the filmed-entertainment industry reap millions of dollars from visiting productions due to the Film Incentive Program.
In the long-term, NC needs new tax legislation / tax reform to lure long-term investment from companies looking f or a new, permanent home.