Blowing Rock's Town Council approved its second issuance of its $13 million bond.

The Watauga Democrat reports the $13 Million dollar bond will come over the course of three to four years.

This amount for $2.3 million will see around $1.6 million going to transportation projects, $140,000 for Blowing Rock Parks and Recreation and $560,000 towards water projects.

The bond sale is scheduled to take place on May 1st.

According to the report, Town Finance Officer Nicole Norman says Blowing Rock has a double A rating, and it's the only “small town” in North Carolina with a rating that high.

After this issuance, Town Manager Ed Evans said that the town will be a little less than halfway towards the total amount.