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Fitch Rates Wake County, North Carolina's $160MM LOBs 'AA+'; Outlook Stable (Business Wire via Yahoo! Finance)
NEW YORK----Fitch Ratings has assigned an initial 'AA+' rating to Wake County, North Carolina's approximately $159.9 million limited obligation bonds , series 2009. The bonds are scheduled for negotiated sale on July 22, 2009.WAKE COUNTY COMMUNITY FOUNDATION AWARDS LOCAL GRANTS (dBusinessNews.com) RALEIGH - The Board of Directors of the Wake County Community Foundation announces six grant awards from its community fund, according to Jeff Raxlin, board treasurer.
Local businessman pleads guilty to criminal tax charges (The Lexington Dispatch) A Lexington businessman pleaded guilty Tuesday to tax charges filed by the North Carolina Department of Revenue. Abdel M. Othman, 40, of 3124 Hickory Ridge Drive, Winston Salem, pleaded guilty to two counts of solicitation to commit tax evasion on June 30 in Wake County Superior Court.
Wake licenses to be mailed (The News & Observer) This week, the state Division of Motor Vehicles will stop handing out driver's licenses at its six local offices across Wake County. Instead, DMV will start delivering licenses by mail.
Deb Ball Invitations Issued (The Southern Pines Pilot) Marvin Burke Koonce III, president of the Terpsichorean Club of Raleigh, announced today that invitations have been issued to the 83rd annual North Carolina Debutante Ball. The event will be held in Raleigh Sept. 10-12. The formal presentation of young ladies from across the state will highlight the weekend festivities.
Raleigh roundup: See how Bordsen, Foriest and Ingle voted (Burlington Times-News) HB1617 - DOT/Turnpike Authority: Transfers the functions and funds of the North Carolina Turnpike Authority to the Department of Transportation to conserve expenditures and improve efficiency. Introduced by Rep. Jim Crawford, D-Granville. Adopted 113-4. Sent to the Senate for consideration.
The roar of the engines on water (Roanoke Rapids Daily Herald) ROANOKE RAPIDS — It’s here! Carolina Cup Regatta Inc. presents the 2009 Roanoke Rapids Hydro Power Race beginning tomorrow on Roanoke Rapids Lake.
Wake implements teacher hiring freeze (The News & Observer) The Wake County school system has implemented a hiring freeze on middle school and high school teachers and on elementary school teacher assistants.
Raleigh woman crowned new Miss North Carolina (WRAL.com Raleigh) A Raleigh woman, who has struggled against scoliosis to become an accomplished dancer, businesswoman and now Miss North Carolina 2009, wants to help others with the spinal disease.
Delayed State Budget Impacting Public Schools (NBC 17 Raleigh) Delays with the state budget are causing school districts all over North Carolina to have difficulty planning for the new school year. Wake County had already announced one round of hiring freezes affecting high schools; now, that hiring freeze is being extended to middle schools as well. Teacher aides are in limbo, too, meaning there could be a big impact at the elementary school level. "It is ...