Dear fellow ECU alumni in North Carolina,
By now, many of you have heard that the proposed Connect NC bond will be up for approval on the ballot for the North Carolina primary on March 15. If approved, the state would receive $2 billion for long-term improvements to public infrastructure, including $90 million for a new Life Sciences and Biotechnology Building at ECU.
As the chair of the East Carolina Alumni Association Board of Directors, I’m proud to share with you that the board at its February meeting passed a resolution in favor of the Connect NC bond.
The bond allows us to pay over 20 to 25 years for assets that will last 50 years or more, and to do so at historically low rates. No tax increases are necessary to finance the bond. The state has ample credit capacity to borrow and repay the bonds with no tax increase.
North Carolina’s university system and community college system are major economic engines for our state. The new Life Sciences and Biotechnology Building will be a place for teaching, research, innovation, and economic development.
As a state entity, East Carolina University may only provide information to educate residents. As a non-profit 501(c)3 organization, the East Carolina Alumni Association is able to advocate for the approval of this bond.
I’m asking ECU alumni in North Carolina to vote yes on the Connect NC bond on March 15, and I’m asking you to help us spread the word! Vote for the bond and ensure a strong future for ECU and eastern North Carolina and beyond.
Glenda Palmer-Moultrie ’79
Chair, East Carolina Alumni Association Board of Directors