GENERAL ASSEMBLY OF NORTH CAROLINA

1987 SESSION

 

 

CHAPTER 988

HOUSE BILL 2260

 

AN ACT TO ALLOW THE TOWNS OF KILL DEVIL HILLS, KITTY HAWK, MANTEO, NAGS HEAD, AND SOUTHERN SHORES TO IMPOSE FACILITY FEES.

 

The General Assembly of North Carolina enacts:

 

Section 1.  Section 4(e) of Chapter 536, Session Laws of 1985, reads as rewritten:

"(e)      Monies for each particular facility for which a facility fee is collected shall be placed in a separate trust fund.  All such revenues shall be spent for the capital facilities for which they were collected, and such benefits shall not be exclusive.  Separate service areas and zones with separate trust funds may be established to satisfy this requirement. Facility fees shall be spent for those community service facilities the town alone provides within six years after ten years or a reasonable period thereafter of collection of the fees, and shall be spent for those community service facilities the town provides in conjunction with other units of government within 10 years or a reasonable period thereafter of collection of the fees."

Sec. 2. This act is effective upon ratification.

In the General Assembly read three times and ratified this the 27th day of June, 1988.