NORTH CAROLINA GENERAL ASSEMBLY

1961 SESSION

 

 

CHAPTER 951

SENATE BILL 6

 

 

AN ACT TO AUTHORIZE THE ISSUANCE OF $6,189,000 (AMOUNT CHANGED BEFORE PASSAGE TO $6,216,000) IN BONDS OF THE STATE TO PROVIDE FOR CAPITAL IMPROVEMENTS FOR STATE INSTITUTIONS AND AGENCIES.

 

The General Assembly of North Carolina do enact:

 

Section 1.  This Act shall be known and may be cited as the "State Capital Improvement Legislative Bond Act of 1961."

Sec. 2.  The State Treasurer is hereby authorized, by and with the consent of the Governor and Council of State, to issue and sell, at one time or from time to time in the biennium beginning July 1, 1961, bonds of the State, to be designated "State of North Carolina Capital Improvement Bonds" in an aggregate principal amount not exceeding six million two hundred sixteen thousand dollars ($6,216,000) for the purpose of providing needed capital improvements for State institutions and agencies as follows:

 

I. GENERAL GOVERNMENT

Department of Administration............................................................                               $1,070,000

      1.   Electrical and General Renovations........................................    $        75,000

      2.   Extensions of Utilities............................................................              20,000

      3.   Purchase of Land..................................................................            975,000

                                                                                                            ____________

 

II. PUBLIC SAFETY AND REGULATION

North Carolina Armory Commission.................................................                                    317,000

      1.   Military Center.....................................................................            317,000

                                                                                                            ____________

 

III. CORRECTION

Stonewall Jackson Manual Training and Industrial School..................                                    101,500

      1.   Renovation of Windows in Cottages......................................              25,000

      2.   Renovation of Milking Barn...................................................                7,000

      3.   Milk House and Equipment...................................................              24,000

      4.   Granary, Storage Bin and Drier.............................................              23,000

      5.   Equipment Shed...................................................................              14,500

      6.   Renovate Textile Mill............................................................                8,000

                                                                                                            ____________

 

Morrison Training School..................................................................                                        4,000

      1.   New Boiler for Laundry........................................................                4,000

                                                                                                            ____________

 

Eastern Carolina Industrial School for Boys.......................................                                      48,500

      1.   Extension of Water Lines and Fire Hydrants..........................                8,200

      2.   Connect Sanitary Sewer to Municipal Line............................              18,000

      3.   Laundry Renovation and Equipment......................................              22,300

                                                                                                            ____________

 

State Training School for Girls — Dobbs Farm.................................                                   $ 96,000

      1.   Renovation of Leonard Cottage ...........................................    $        64,000

      2.   Electric Distribution System Renovation and

                  Street Lights...................................................................              10,000

      3.   New Boiler for Laundry and Vocational Building...................                7,000

      4.   Deep Well and Repair to Water Tank...................................              15,000

                                                                                                            ____________

 

IV. EDUCATION

University of North Carolina — Division of Health Affairs..................                                 1,459,000

      1.   Renovation of Medical School Areas....................................              25,000

      2.   Air Conditioning Memorial Hospital and

            Dental School.......................................................................         1,434,000

                                                                                                            ____________

 

University of North Carolina — Academic Affairs.............................                                    266,000

      1.   Rewire Phillips Hall (old part)................................................              55,000

      2.   Murphy Hall Renovation.......................................................              95,000

      3.   Storm Sewer Lines...............................................................              35,000

      4.   Sanitary Sewer Lines............................................................              11,000

      5.   Renovate Bynum Hall...........................................................              45,000

      6.   Venable Hall Floor Repairs...................................................              25,000

                                                                                                            ____________

 

State College of Agriculture and Engineering......................................                                    451,000

      1.   Building Repairs and Renovations..........................................            251,000

      2.   Equipment for Physical Sciences and

            Applied Mathematics............................................................              50,000

      3.   Instructional Equipment for Industrial Arts.............................              30,000

      4.   Equipment for Mechanical Engineering..................................              50,000

      5.   Equipment for Psychology Laboratory...................................              10,000

      6.   Equipment for Engineering Classrooms and

            Laboratories.........................................................................              50,000

      7.   Equipment for Asheville Minerals Laboratory........................              10,000

                                                                                                            ____________

 

Woman's College of the University of North Carolina........................                                      29,000

      1.   Storm Sewer........................................................................              29,000

                                                                                                            ____________

 

East Carolina College.......................................................................                                    108,500

      1.   Repairs to Wright Building....................................................              38,500

      2.   Air Conditioning Rawl Building..............................................              70,000

                                                                                                            ____________

 

The Agricultural and Technical College..............................................                                      80,500

      1.   Renovation of Maintenance Building......................................              16,500

      2.   Laundry Equipment...............................................................              19,000

      3.   Cafeteria Equipment and Building Repair...............................              45,000

                                                                                                            ____________

 

Western Carolina College.................................................................                                   $ 63,000

1. Renovation and Conversion of McKee Building.............................    $        53,000

2. Conversion of Moore and Madison Dormitories............................              10,000

                                                                                                            ____________

 

Appalachian State Teachers College.................................................                                      34,500

      1.   Electrical Repairs..................................................................                7,500

      2.   Modernize Switch gear at Power Plant (1/4 Cost).................              20,000

      3.   Campus Lighting...................................................................                3,000

      4.   Resurface Tennis Courts.......................................................                4,000

                                                                                                            ____________

 

Pembroke State College...................................................................                                      88,500

      1.   Improvement to Sanitary Sewer System................................              40,000

      2.   Roads..................................................................................                6,000

      3.   Storm Sewer........................................................................                4,500

      4.   Equipment Garage................................................................                7,000

      5.   Parking Areas.......................................................................              11,000

      6.   Renovation of Electrical Distribution System..........................              20,000

                                                                                                            ____________

 

Winston‑Salem Teachers College......................................................                                    195,000

      1.   Renovate Junior and Senior Dormitory

            (Supplement to 1959 Appropriation).....................................            130,000

      2.   Renovate Kitchen and Equipment..........................................              65,000

                                                                                                            ____________

 

Elizabeth City State Teachers College...............................................                                      46,000

      1.   Renovate Laundry Building...................................................              16,000

      2.   New Floor — Bias Hall........................................................              10,000

      3.   Repairs to Sanitary Sewer System.........................................              20,000

                                                                                                            ____________

 

Fayetteville State Teachers College...................................................                                    204,000

      1.   Renovation of Dining Hall, Kitchen and

            New Heating System for Dining Hall.....................................            151,000

      2.   Convert 15 Coal‑Fired Boilers to Oil....................................              17,000

      3.   Science Liboratory Equipment..............................................              36,000

                                                                                                            ____________

 

North Carolina College at Durham....................................................                                    148,000

      1.   Repairs to Women's Dormitory.............................................              27,000

      2.   Improvements to Duke Auditorium........................................                7,000

      3.   Campus Lighting...................................................................              35,000

      4.   Statistical Machine Room......................................................              35,000

      5.   Computers for Mathematics and Physics...............................              44,000

                                                                                                            ____________

 

State School for the Blind and the Deaf.............................................                                    114,000

      1.   Renovate 4 Dormitories (Colored Division)...........................              70,000

      2.   Replace Floors in Kitchens (White Division)..........................                2,000

      3.   Install Toilets — Basement of Main Building

            (Colored Division)................................................................                8,000

      4.   Improvements to Electrical Distribution System

            (White Division)....................................................................              25,000

      5.   Rewire 6 Buildings (White Division)......................................                9,000

                                                                                                            ____________

 

State Department of Archives and History.........................................                                 $ 132,000

      1.   Vance Birthplace Museum....................................................              42,500

      2.   Town Creek Indian Mound Museum.....................................              42,500

      3.   Fort Fisher Museum.............................................................              47,000

                                                                                                            ____________

 

V. HEALTH AND HOSPITALS

Dorothea Dix Hospital......................................................................                                    405,000

      1.   Resurfacing Roads, Walks and Parking Areas.......................              50,000

      2.   Renovate Clarke Building......................................................              72,000

      3.   Renovate Brown Building......................................................            108,000

      4.   Renovate Old Wing of Spruill Building...................................              50,000

      5.   Air Conditioning McBryde Building.......................................            100,000

      6.   Air Conditioning Dobbin Infirmary.........................................              25,000

                                                                                                            ____________

 

Broughton Hospital...........................................................................                                    355,000

      1.   New Wiring and Lighting — Center Building.........................            170,000

      2.   Renovate Scroggs Building....................................................            132,000

      3.   New Baths and Toilets— Wards 36 and 37..........................              23,000

      4.   Convert old Staff House into Efficiency Apartments...............              30,000

                                                                                                            ____________

 

Cherry Hospital................................................................................                                    236,000

      1.   Storm Drainage....................................................................              35,000

      2.   Coal Handling Equipment and Stokers..................................              83,000

      3.   Rewiring, New Heating and Renovations — 5 houses............              15,000

      4.   Protection Screens................................................................              45,000

      5.   Recreation Field and Field House..........................................              18,000

      6.   Garbage and Trash Handling Equipment................................              40,000

___________

 

O'Berry School................................................................................                                      42,000

      1.   Air Conditioning — Crippled Children's Building...................              25,000

      2.   Air Conditioning — Infirmary................................................              17,000

                                                                                                            ____________

 

John Umstead Hospital.....................................................................                                      32,000

      1.   Renovate Building 63............................................................              32,000

                                                                                                            ____________

 

Caswell School.................................................................................                                   $ 75,000

      1.   Air Conditioning — New Hospital and

            Crippled Children's Building..................................................    $        75,000

                                                                                                            ____________

 

North Carolina Orthopedic Hospital..................................................                                      15,000

      1.   Replace Elevator in Administration Building...........................              15,000

                                                                                                            ____________

 

The appropriations hereby made shall be in addition to all other appropriations heretofore made, or which may be made at the present Session of the General Assembly, and shall be expended and disbursed under the direction and supervision of the Director of the Budget.

Each project must be so planned that its estimated cost will be within such limits that will allow the purchase of all needed equipment and provide drives, walks, grading and connections to all needed utilities so that when completed the facility may be fully utilized without requiring additional State funds.

Sec. 3. The funds appropriated to provide for Capital Improvements, by Section 2 of this Act, shall be disbursed for the purposes provided in this Act upon warrants drawn by the State Disbursing Officer, which warrants shall not be drawn for any State Institution, Department, or Agency until a requisition has been approved by the Director of the Budget and which requisition shall be approved only after full compliance with the Executive Budget Act, Article I of Chapter 143 of the General Statutes.

Any officer of the State or executive head of any institution, or any director, trustee or commissioner of any State institution, department or agency to which an appropriation is made under the provisions of this Act who votes for or aids in spending more money for any improvement for his institution, department, or agency than is appropriated therefore, may be removed from office by the Governor. Any additional moneys which may be received by means of a grant, or grants, from the United States of America or any agency or department thereof or from any other source to aid in financing the cost of any of the improvements herein referred to, may be placed by the State Treasurer in the same fund or in a separate fund and, to the extent permitted by the terms of such grant or grants, shall be disbursed in the same manner and for the purposes mentioned in this Act.

Sec. 4.  The Director of the Budget is authorized and empowered to make transfers and changes between appropriations made in this Act, within the appropriations made to each agency, to provide changes to permit completion of the projects as described in the appropriations.

Upon application of the governing body of a spending agency of the State, the Director of the Budget, when recommended by the Advisory Budget Commission is empowered to authorize transfers and changes from appropriations made in this Act, but within the appropriations made to each agency, to provide for needed projects for which no specific appropriations have been made.

Sec. 5.  Bonds authorized by this Act shall bear such date or dates, shall be serial bonds, and shall mature at such times and in such amounts, not exceeding 20 years from their date or respective dates, and shall bear interest at such rate or rates, not exceeding 4% per annum, payable semiannually, as may be fixed by the State Treasurer with the approval of the Governor and Council of State.

Sec. 6.  Said bonds shall be signed on behalf of the State of North Carolina by the Governor or shall bear his facsimile signature and shall be signed by the State Treasurer, shall bear the Great Seal of the State or a facsimile thereof shall be impressed or imprinted thereon, and said bonds shall carry interest coupons which shall bear a facsimile of the signature of the State Treasurer. In case any officer whose signature or a facsimile of whose signature shall appear on any bonds or coupons shall cease to be such officer before the delivery of such bonds, such signature or such facsimile shall nevertheless be valid and sufficient for all purposes the same as if he had remained in office until such delivery. The form and denomination of the bonds shall be such as the State Treasurer may determine in conformity with this Act, and said bonds shall be subject to registration as is now or may hereafter be provided by law for State bonds, and provision may also be made for the reconversion into coupon bonds of any bonds registered as to both principal and interest.

Sec. 7.  Subject to determination by the Governor and Council of State as to the manner in which said bonds shall be offered for sale, whether by publishing notices in certain newspapers and financial journals or by mailing notices or by inviting bids by correspondence or otherwise, the State Treasurer is authorized to sell said bonds at one time or from time to time at the best price obtainable, but in no case for less than par and accrued interest, and when the conditions are equal he shall give the preference of purchase to the citizens of North Carolina. All expenses necessarily incurred in the preparation and sale of the bonds shall be paid from the proceeds of such sale in excess of the appropriations herein authorized or from the Contingency and Emergency Appropriation.

Sec. 8.  The proceeds of said bonds and of the bond anticipation notes herein authorized (except the proceeds of bonds the issuance of which has been anticipated by such bond anticipation notes) shall be placed by the State Treasurer in a special fund known as the "Capital Improvement Legislative Bond Fund of 1961" and shall be disbursed only for the purposes provided in this Act.

Sec. 9.  By and with the consent of the Governor and Council of State, who shall determine the rate or rates or maximum rate of interest and the date or approximate date of payment, the State Treasurer is hereby authorized to borrow money at the lowest rate of interest obtainable, and to execute and issue notes of the State for the same, but only in the following circumstances and under the following conditions:

(a)        For anticipating the sale of any of said bonds to the issuance of which the Governor and Council of State shall have given consent, if the State Treasurer shall deem it advisable to postpone the issuance of such bonds.

(b)        For the payment of interest upon or any installment of principal of any of said bonds then outstanding, if there shall not be sufficient funds in the State Treasury with which to pay such interest or installment of principal as they respectively fall due.

(c)        For the renewal of any loan evidenced by notes herein authorized.

Sec. 10.  Funds derived from the sale of bonds herein authorized shall be used in the payment of any bond anticipation notes that may have been issued in anticipation of the sale of such bonds and any renewals of such notes; and funds provided by the General Assembly for the payment of interest on or principal of bonds herein authorized shall be used in paying the interest on or principal of any notes and any renewals thereof the proceeds of which shall have been used in paying interest on or principal of such bonds. Interest payments upon said notes may be evidenced by interest coupons in the State Treasurer's discretion.

Sec. 11.  The full faith, credit and taxing power of the State are hereby pledged for the payment of the principal of and the interest on the bonds and notes herein authorized.

Sec. 12.  The coupons appertaining to said bonds and notes after maturity shall be receivable in payment of all taxes, debts, dues, licenses, fines, and demands due the State of any kind whatsoever.

Sec. 13.  All of said bonds and notes and coupons shall be exempt from all State, county and municipal taxation or assessment, direct or indirect, general or special, whether imposed for the purpose of general revenue or otherwise, and the interest on said bonds and notes shall not be subject to taxation as for income, nor shall said bonds or notes or coupons be subject to taxation when constituting a part of the surplus of any bank, trust company or other corporation.

Sec. 14.  It shall be lawful for all executors, administrators, guardians and fiduciaries generally, and all sinking fund commissions, to invest any moneys in their hands in said bonds and notes.

Sec. 14 1/2.  The provisions of this Act are severable, and if any of its provisions shall be held unconstitutional by any court of competent jurisdiction, the decision of such court shall not affect or impair any of the remaining provisions.

Sec. 15.  All laws and clauses of laws in conflict with this Act are hereby repealed.

Sec. 16.  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 17th day of June, 1961.