NORTH CAROLINA GENERAL ASSEMBLY

1971 SESSION

 

 

CHAPTER 904

SENATE BILL 271

 

 

AN ACT TO AMEND CHAPTER 1205 OF THE 1969 SESSION LAWS TO PROVIDE CHANGE ONLY WITH RESPECT TO AUTHORIZING THE FINANCING AND CONSTRUCTION OF A DORMITORY AT THE UNIVERSITY OF NORTH CAROLINA AT GREENSBORO.

 

The General Assembly of North Carolina enacts:

 

Section 1. The purpose of this act is to amend Chapter 1205 of the 1969 Session Laws of North Carolina, with respect to increasing the allowance from three thousand nine hundred dollars ($3,900) to an amount not to exceed four thousand four hundred dollars ($4,400) per student occupant.

Sec. 2.  Section 2 of said Chapter 1205 of the 1969 Session Laws beginning on page 1396 of the 1969 Session Laws, is amended to read as follows:

"The project cost shall not exceed two million six hundred forty thousand dollars ($2,640,000) and shall be financed by the issuance of revenue bonds by the Board of Trustees of the University of North Carolina subject to the provisions of Chapter 116 of the General Statutes of North Carolina."

Sec. 3.  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 19th day of July, 1971.