Volume 5, Issue 7 |
July, 2010 |
The Real Estate Report
Local Government News Impacting the Real Estate Industry |
|
Chapel Hill Approves Housing Guidelines Rams Plaza Area Planning Meeting Set Public Meeting for Franklin Street High Rise Chapel Hill Begins Housing Study Chapel Hill Cuts Bus Service Chancellor Prepares UNC Employees for Bad News Economy Stalls Carolina North
Area High Schools Best in Nation
The 2010 Newsweek rankings put area high schools among the best in the nation based on advanced courses. See the list from Newsweek. Chapel Hill Among Best Places to Live Visitors Bureau Absorbs Orange County Arts Commission
The Orange County Arts Commission moved from Hillsborough to West Franklin Street at the Chapel Hill/Orange County Visitors Bureau. Last month, the Orange County Board of Commissioners reflected on both organizations’ operations, and consolidated the Arts Commission to the Visitors Bureau. The Arts Commission distributes more than $60,000 in grants each year for local programs and art installations. See the full article by The Herald-Sun.
The Triangle Chatham Declines Hotel Tax Increase Triangle Unemployment Down Report: Triangle Economy Looking Up
State and Nation General Assembly Passes Budget
For the first time since 2003, the General Assembly passed the state budget on schedule by the end of June. Governor Perdue signed the bill into law soon after. The recession created an $800 million spending gap, but Perdue predicts the budget will create or protect 20,000 over three years with a small-business tax credit and a new transportation fund. See the full article by the News & Observer.State Regulates Towing
Business owners will now be responsible for prominently posting tow company information. The new law limits towing beyond a 15 mile radius in most cases and prohibits vehicle owners from being forced to waive their rights to claim their vehicle. See the full article by the News & Observer or the Durham News Service. State Ranks High for Business Hospitality Jobs Lead Job Growth Senate Passes Financial Reform State Sales Tax Holiday Set for August 6-8 |
|