General obligation bonds are a way that Holly Springs can borrow money for large-scale capital projects such as new roads and parks. These bonds require voters’ approval since the town will use long-term debt to repay the project costs. One advantage of borrowing this way is that voters decide whether there is sufficient need for the project to be worth the expense.
Holly Springs is a vibrant, active community of nearly 50,000 people, where residents love to get out and play! As more people discover the great quality-of-life amenities that make Holly Springs a desirable place to live, investments are needed to meet growing demand.
Residents identified quality parks and greenways as a high priority in both the 2021 Parks, Recreation and Greenways Master Plan and the 2021 Community Survey.
This November, a Parks Bond Referendum will be on the ballot to expand and improve parks, recreation, and greenways for everyone to enjoy, including a new park west of N.C. 55.