City of Hendersonville voters will consider a Transportation General Obligation (GO) Bond referendum during the March 3, 2026, primary election. If approved, the referendum would authorize the City to issue up to $10 million in General Obligation bonds to fund transportation infrastructure improvements. The bond proceeds would be supplemented by approximately $900,000 in existing transportation funding annually for five years, for a total of $14.5 million dedicated to transportation projects. General Obligation bonds are a financing tool commonly used by North Carolina municipalities to fund capital improvements. Because they are backed by a city’s taxing authority, GO bonds typically carry lower interest rates than many other forms of borrowing. State law requires voter approval before a city may issue this type of debt. Proposed Use of Funds If authorized by voters, bond funding would support transportation improvements in three primary areas:
- Street Repaving: Improving pavement conditions on City-owned streets with lower Pavement Condition Index (PCI) ratings. The proposed funding would repave approximately 24.84 miles of roadway, or about 37% of City-owned streets, focusing on segments rated “fair” or below.
- ADA Accessibility Improvements: Repairing or replacing curb ramps to address accessibility barriers and advance compliance with Americans with Disabilities Act (ADA) standards and federal Public Right of Way Accessibility Guidelines (PROWAG).
- Complete Streets and Connectivity Projects: Implementing pedestrian, bicycle, and intersection safety improvements identified in adopted transportation plans, including sidewalk expansions, multi-use paths, and intersection upgrades.