GENERAL ASSEMBLY OF NORTH CAROLINA

1987 SESSION

 

 

CHAPTER 948

HOUSE BILL 2201

 

AN ACT TO GRANT THE TOWN OF RUTHERFORDTON AUTHORITY TO HOLD A REFERENDUM ON ADDING A PROPERTY TAX LEVY FOR A RECREATIONAL CAPITAL BUILDING FUND.

 

The General Assembly of North Carolina enacts:

 

Section 1.  A city may levy a property tax for the purpose of establishing a Recreational Capital Building Fund, not in excess of ten cents (10¢) on the one hundred dollar ($100.00) value of property subject to taxation, subject to a referendum as provided by G.S. 160A-209(e).

Sec. 2.  This act is supplemental to any other authority that a city may have under any other act, public, or local, to levy a tax for the purpose set out in Section 1 of this act.

Sec. 3.  This act applies to the Town of Rutherfordton only.

Sec. 4.  This act is effective upon ratification.

In the General Assembly read three times and ratified this the 24th day of June, 1988.