Farm Progress

The bond earmarks $85 million for the North Carolina Plant Sciences Initiative, which will lead to the construction of the state-of-the –art plant research center on the N.C. State Centennial Campus in Raleigh.

February 5, 2016

2 Min Read
<p>The bond will include $85 million in funding for a new plant sciences building on N.C. State&rsquo;s Centennial Campus in Raleigh.</p> <p> </p>

A $2 billion bond package will be on the March 15 North Carolina primary ballot and will include funding for a new plant science research building at North Carolina State University  and funding for a new laboratory complex for the North Carolina Department of Agriculture and Consumer Services.

The Connect NC Bond has the backing of Gov. Pat McCrory, Agriculture Commissioner Steve Troxler, the North Carolina Farm Bureau and state commodity groups. The bond earmarks $85 million for the North Carolina Plant Sciences Initiative which will lead to the construction of the state-of-the –art plant research center on the N.C. State Centennial Campus in Raleigh.  and $94 million for the new laboratory complex in Raleigh.

North Carolina agricultural leaders have stressed the need for both facilities.

“Improving our capacity to do agricultural research is currently our top priority. The Plant Sciences Initiative will be a huge step forward for N.C. State and our research leaders in the College of Agriculture &Life Sciences ,” said Jeff Peed, a Pamlico County . farmer and president of the N.C. Soybean Producers Association, which is actively pushing for passage of the bond package.

Speaking at the North Carolina Farm Bureau annual convention in Greensboro in December, Gov. McCrory explained that the no tax increases will be needed to finance the bond and now is a good time to borrow money while interest rates are low.

“Our debt in five years will be less than it is today based on our model. We need your support for that bond election in the March election,” McCrory told Farm Bureau members.

Troxler also told Farm Bureau members that the new laboratory complex is needed for his department. He urged Farm Bureau members to support the bond, noting that the five labs are on average 43 years old and don’t have temperature and humidity controls in place.

 

Subscribe to receive top agriculture news
Be informed daily with these free e-newsletters

You May Also Like