GENERAL ASSEMBLY OF NORTH CAROLINA
SESSION 2003
SESSION LAW 2004-126
HOUSE BILL 1795
AN ACT to modify the authorization for special indebtedness for Youth DEVELOPMENT CENTERS.
The General Assembly of North Carolina enacts:
SECTION 1. Section 46A.2 of S.L. 2003-284 reads as rewritten:
"SECTION 46A.2. In accordance with
G.S. 142-83, as enacted by this act, this section authorizes the issuance
or incurrence of up to six million seven hundred eighty thousand dollars
($6,780,000)four million four hundred sixty thousand dollars
($4,460,000) of financing contract special indebtedness to be
used for (i) design, construction drawings, and solicitation of bids for
construction of three up to 13 youth development centers totaling
up to 500 512 beds to be operated by the Department of Juvenile
Justice and Delinquency Prevention and (ii) utility infrastructure and site
work for one of the three centers.Prevention. The State, with the
prior approval of the State Treasurer and the Council of State as provided in
Article 9 of Chapter 142 of the General Statutes, is authorized to incur
special indebtednessexecute and deliver one or more financing contracts
in a maximum principal amount of six million seven hundred eighty thousand
dollars ($6,780,000) in order to provide funds to the State to be used,
together with any other available funds, to pay these costs. The State
Construction Office shall manage the planning and design of the youth
development centers and shall administer funds provided pursuant to this section
for planning and design."
SECTION 2. This act is effective when it becomes law.
In the General Assembly read three times and ratified this the 9th day of July, 2004.
s/ Beverly E. Perdue
President of the Senate
s/ James B. Black
Speaker of the House of Representatives
s/ Michael F. Easley
Governor
Approved 11:15 a.m. this 22nd day of July, 2004