NORTH CAROLINA GENERAL ASSEMBLY

1959 SESSION

CHAPTER 868

HOUSE BILL 894

AN ACT TO AMEND THE CHARTER OF THE CITY OF HENDERSONVILLE AND G. S. 160-402, AS IT APPLIES TO HENDERSONVILLE, SO AS TO INCREASE THE LIMITATION ON THE LEVY OF TAXES FOR GENERAL PURPOSES TO ONE DOLLAR AND SIXTY CENTS PER ONE HUNDRED DOLLARS VALUATION.

The General Assembly of North Carolina do enact:

Section 1. Section 31 of Chapter 352 of the Private Laws of 1913, is hereby amended by striking out the words "one dollar and fifty cents" in lines 7 and 8 thereof and substituting therefor the words "one dollar and sixty cents".

Sec. 2. G. S. 160-402 is hereby amended by adding at the end thereof the following new sentence:

"Provided that the City of Hendersonville may levy and collect an annual ad valorem tax on all taxable property within the municipality at a rate not exceeding one dollar and sixty cents ($1.60) on the one hundred dollars ($100.00) valuation of said property, for the purpose of raising revenue for defraying expenses incident to the proper government of the municipality."

Sec. 3. The increases in permissible rates of taxes authorized by this Act shall be effective at the beginning of the fiscal year commencing July 1, 1959.

Sec. 4. This Act shall apply only to the City of Hendersonville.

Sec. 5. All laws and clauses of laws in conflict with this Act are hereby repealed.

Sec. 6. This Act shall be in full force and effect from and after its ratification.

In the General Assembly read three times and ratified, this the 10th day of June, 1959.