At the regular Town Council meeting on November 18th Town Manager Reeves provided an update on the financial aspect of our hurricane-related projects. The biggest takeaway from her presentation is the fantastic news regarding the payback terms of the $3.2 million dollars the Town of Laurel Park has received through the State Treasurer’s Cashflow Loan Program. Instead of having to pay this full amount back by June 30, 2030, Laurel Park is now able to recycle this money until the final declination of FEMA coverage or reimbursement or receipt of FEMA reimbursement funds. This opportunity would not have been possible without the help and support of state and local leaders such as the Speaker of the North Carolina House of Representatives Destin Hall (and his excellent staff), State Representative Jennifer Balkcom, and former State Representative Chuck McGrady.
Hurricane Helene Information
- Update on Infrastructure Repairs as of August 2025.
- Updated Damage Assessment Map of the Town as of November 2025.
- List of Permanent Repair Projects from October 2025.
