Title: S.L. 1977-402

General Assembly of North Carolina	1977

NORTH CAROLINA GENERAL ASSEMBLY
1977 SESSION

CHAPTER 402
SENATE BILL 379

AN ACT TO EXTEND TO COUNTIES THE POWER PRESENTLY GRANTED TO CITIES TO BORROW MONEY AND ISSUE GENERAL OBLIGATION BONDS TO PAY CAPITAL COSTS FOR PROVIDING PUBLIC TRANSPORTATION SYSTEMS.

The General Assembly of North Carolina enacts:

Section 1.  G.S. 159-48(b), as it appears in 1976 Replacement Volume 3D of the General Statutes, is amended by inserting a new subdivision to be numbered (23) and to read as follows:
"(23) Providing public transportation facilities, including without limitation equipment for public transportation, buses, surface and below-ground railways, ferries, and garage facilities."
Sec. 2.  G.S. 159-48(d), as it appears in 1976 Replacement Volume 3D of the General Statutes, is amended by striking out subdivision (1).
Sec. 3.  G.S. 159-49, as it appears in 1976 Replacement Volume 3D of the General Statutes, is amended in subpart (2) of paragraph one by striking out the language "(except purposes authorized by G.S. 159-48(b)(3), (11), (16), or (22) or by G.S. 159-48(d)(1) or (2))" and inserting in its place the language "(except purposes authorized by G.S. 159-48(b)(3), (11), (16), (22), or (23) or by G.S. 159-48(d)(2))"; and G.S. 159-49 is further amended in paragraph two by striking out the language "(except purposes authorized by G.S. 159‑48(b)(3), (11), (16), or (22) or by G.S. 159-48(d)(1) or (2))" and inserting in its place the language "(except purposes authorized by G.S. 159-48(b)(3), (11), (16), (22), or (23) or by G.S. 159-48(d)(2))".
Sec. 4.  This act shall become effective upon ratification.
In the General Assembly read three times and ratified, this the 17th day of May, 1977.

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