NORTH CAROLINA GENERAL ASSEMBLY

1971 SESSION

 

 

CHAPTER 506

HOUSE BILL 919

 

AN ACT TO AMEND CHAPTER 224, PRIVATE LAWS 1927, AS AMENDED BY CHAPTER 924, SESSION LAWS 1949, AS AMENDED, RELATING TO SPECIAL IMPROVEMENT ASSESSMENTS IN THE CITY OF DURHAM.

 

The General Assembly of North Carolina do enact:

 

Section 1.  That Section 22 of Chapter 224, Private Laws of 1927, as amended by Chapter 924, Session Laws 1949, as amended, be and the same is hereby amended by rewriting the first sentence of said Section 22 to hereafter read as follows:

"The property owner or street railway or railroad hereinbefore mentioned in this act shall have an option and privilege of paying for the improvements hereinbefore provided in cash as provided in the preceding section or in not less than twelve equal monthly installments nor more than five equal annual installments as may have been determined by the original resolution ordering the improvement or improvements. Nothing in this section shall preclude the payment of assessments in advance of the maturity or installment schedule affixed by the governing body."

Sec. 2.  All laws in conflict herewith are hereby repealed.

Sec. 3.  This act shall apply only to the City of Durham.

Sec. 4.  This act shall be in full force and effect on and after July 1, 1971.

In the General Assembly read three times and ratified, this the 3rd day of June, 1971.