Cary, NC – This week was a little busier than last week.

Monday – General Obligation Bonds

Monday I joined the town manager, the chief financial officer, the deputy town clerk, the bond attorney, and a representative of the bank to sign legal documents for the sale of the last portion of the 2012 General Obligation bonds. The amount was $16,050,000 and will be used to implement promises made in 2012. Since we have the highest bond rating possible our bonds are at the lowest interest rate possible. The interest rates will be almost nothing since it is just barely above inflation.

Cary, NC – This week’s focus was mostly on a trip to New York.

Monday – Election Planning

Monday, I met briefly with the town manager for our weekly one-on-one. We talked about a range of topics that included the mall redevelopment, the hotel occupancy and meal tax, and my trip to New York.

Later Monday I held my first official campaign re-election committee meeting. We decided on treasurer issues and how we planned to proceeding.

Cary, NC – This week was a typical council meeting week.

Monday – Hospitality Tax

Monday, I attempted to contact council members to hear of any questions or concerns about the agenda for Thursday’s meeting. The agenda was mostly public hearings so there were very few questions. Later in the day I met with key staff members and the Mayor Pro-Tem to go over the agenda. At that time, we believed the only public speakers would be with the Twyla Road public hearing.