GENERAL ASSEMBLY OF NORTH CAROLINA

1985 SESSION

 

 

CHAPTER 374

HOUSE BILL 557

 

AN ACT TO AMEND THE DISTRIBUTION OF PROCEEDS FROM THE OPERATION OF LIQUOR STORES IN THE TOWN OF BELVILLE.

 

The General Assembly of North Carolina enacts:

 

Section 1.  Chapter 83 of the 1979 Session Laws is amended by rewriting Section 6 to read:

"Sec. 6.  The town board of alcoholic beverage control shall, out of the gross revenue derived from the operation of alcoholic beverage control stores, pay all salaries, costs, and operating expenses and retain a sufficient and proper working capital, in an amount to be determined by the town board of alcoholic beverage control. The remaining revenue shall be distributed quarterly by the town board of alcoholic beverage control to the general fund of the Town of Belville. The Town of Belville shall make an annual contribution from the net proceeds from the operation of alcoholic beverage control stores to the three schools of the Northwest Township District of Brunswick County (North Brunswick High School, Leland Middle School, and the Lincoln Primary School) in amounts to be determined by the Belville Town Council."

Sec. 2.  This act is effective upon ratification.

In the General Assembly read three times and ratified, this the 11th day of June, 1985.