CAROLINA BEACH, NC (WECT) - Residents in Carolina Beach are getting a firsthand update on what's happening in Pleasure Island.
Tuesday night, Mayor Lewis is delivering his first State of the Town address.
Lewis says he plans to address several issues, including the town's financial base, economic development, and future challenges facing the town.
Speaking of future challenges, one of the major issues the town faces is beach nourishment and how to pay for it.
Carolina Beach is running out of time on its 50-year funding agreement with the federal government. That permit expires next year.
Lewis says the town is working with state and federal lawmakers for an extension.
"It's extremely important for us, because, right now, it's an economic driver in Carolina Beach," he said. "If you take a look at our fishing fleet and the things we do on our boats, that's a big driver of tourism in Carolina Beach. If that goes away, if we don't get dredging done -- these boats will go someplace else."
So, Lewis says he plans to talk about inlet dredging during Tuesday night's address.
But one thing that's not on his agenda is the topic of flood insurance rates.
Currently, there's a proposal going through legislation which could triple the amount of taxes for homeowners along the coast.
Under the new proposal, premiums could go from $100 to $400 for small-risk homes and from $4,000 to $18,000 for large-risk homes.
Although he's not addressing this during his speech, Lewis says he's very concerned about it moving forward.
"We're not going to be able to sustain the cost of housing," he said. "We're not going to be able to sell homes. It will put us back in an economic recession like we've never seen. So I urge everyone to write your congressmen. Ask him or her to help us reduce those costs."
Carolina Beach Town Council will have its regularly-scheduled meeting after the state of the town address.
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