NORTH CAROLINA GENERAL ASSEMBLY
1963 SESSION
CHAPTER 608
HOUSE BILL 711
AN ACT AUTHORIZING THE BOARD OF COUNTY COMMISSIONERS OF ASHE COUNTY TO LEVY A SPECIAL TAX FOR THE CONSTRUCTION OF A SCHOOL BUILDING FOR A CONSOLIDATED SCHOOL DISTRICT IN SAID COUNTY.
WHEREAS, there have been constructed in Ashe County two school buildings for the purpose of operating consolidated schools to provide better educational facilities for children living in the area served by said schools; and
WHEREAS, the County Board of Education of Ashe County has voted to bring about another consolidation in said county of the school districts known as the Lansing District and the Riverview District, which consolidation will complete a county-wide program and equalize the opportunities of the school children of said county; and
WHEREAS, a site for a consolidated school has already been selected and purchased; and
WHEREAS, this consolidation makes necessary the construction of a school building and plant; and
WHEREAS, it is necessary to raise approximately two hundred sixty thousand dollars ($260,000.00) for such school construction; and
WHEREAS, the Board of County Commissioners of Ashe County has requested authority to make an additional levy of an ad valorem tax for the purpose of constructing said consolidated school: Now, therefore,
The General Assembly of North Carolina do enact:
Section 1. The Board of Commissioners of Ashe County, as an administrative agency of the State of North Carolina for maintenance of the public school system for the six (6) months term required by the Constitution of North Carolina, is hereby authorized and empowered to levy and collect a special tax ad valorem on all taxable property in said county of not exceeding the rate of twenty-three cents (23¢) on the one hundred dollars ($100.00) of assessed valuation in each of the years 1964, 1965 and 1966, and of not exceeding the rate of forty cents (40¢) on the one hundred dollars ($100.00) of assessed valuation in the years 1967 and 1968. Said tax shall be in addition to all other taxes levied in the County of Ashe and shall be levied and collected in the same manner as all such other taxes are levied and collected, and shall be for the special purpose of financing the cost of constructing and equipping a school building and plant as a consolidated school for the districts known as the Lansing District and the Riverview District in the Ashe County School Administrative Unit.
Sec. 2. The County of Ashe may borrow money in anticipation of the collection of the tax herein authorized for the purpose for which said tax may be levied: Provided, the aggregate amount so borrowed shall not exceed two hundred sixty thousand dollars ($260,000.00). Notes shall be issued for all moneys borrowed and shall be authorized by resolution of the Board of Commissioners of Ashe County, which shall fix the actual maximum face amount of the notes and the actual or maximum rate of interest to be paid upon the amount borrowed and all such notes shall be executed under the seal of the county by the chairman and clerk of the board, and any interest coupons thereto attached shall be signed with the manual signature of said clerk. Issuance of said notes shall be subject to the provisions of the Local Government Act.
Sec. 3. All laws and clauses of laws in conflict with this Act are hereby repealed.
Sec. 4. 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 29th day of May, 1963.