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Board of Commissioners

Town of Wake Forest · Board of Commissioners
Tuesday, August 19, 2025 at 5:59 pm

Regular meeting Bonds and debtBudget and appropriationsArts and public artContracts and procurementPublic facilitiesRoads and transportation

Agenda document Full packet Watch

What's on this agenda

Wake Forest's Board of Commissioners holds a public hearing on financing the purchase of property at 0 Forestville Road and takes up a related resolution to authorize an installment purchase agreement with Pinnacle Bank. The consent agenda includes a budget ordinance amendment, an updated petty cash policy, and a resolution endorsing Option B and a second phase of the town's Performing Arts Feasibility Study. The board also considers a speed limit ordinance for Averette Road and recognizes outgoing staff and volunteers with resolutions of appreciation.

Summarized from the published agenda. Read the agenda itself before acting on it.

Speaking at this meeting

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Agenda items (6)

Resolution · 2Public hearing · 1Budget action · 1Ordinance · 1Staff or committee report · 1
  1. 4.A Public Hearing: Financing of Property at 0 Forestville Road
    Public hearing Bonds and debt
    A public hearing on financing terms for the town's acquisition of property at 0 Forestville Road.
    • 0 Forestville Rd · no matching parcel on file
  2. 5.A Installment Purchase Agreement for 0 Forestville Road
    Resolution Bonds and debtContracts and procurement
    A resolution authorizing an installment purchase financing agreement with Pinnacle Bank for the 0 Forestville Road property acquisition.
    • 0 Forestville Rd · no matching parcel on file
  3. 5.C Budget Ordinance Amendment #1 - FY 2025-2026
    Budget action Budget and appropriations
  4. 5.D Performing Arts Feasibility Study - Option B, Phase 2
    Resolution Arts and public artPublic facilities
    A resolution endorsing Option B from the town's Performing Arts Feasibility Study and authorizing a second study phase.
  5. 6.A Speed Limit Ordinance, Averette Road (SR 1945)
    Ordinance Roads and transportation
    An ordinance amending the town's traffic schedule to set a 45 mph speed limit on Averette Road.
  6. 12.A Capital Improvement Plan Quarterly Update
    Staff or committee report Budget and appropriations

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