NORTH CAROLINA GENERAL ASSEMBLY

1959 SESSION

 

 

CHAPTER 1154

HOUSE BILL 1318

 

 

AN ACT AUTHORIZING THE TRYON CITY BOARD OF EDUCATION TO USE CERTAIN SURPLUS TAX FUNDS FOR ITS 1959-60 CAPITAL OUTLAY BUDGET.

 

The General Assembly of North Carolina do enact:

 

Section 1. That the Tryon City Board of Education be and it is hereby authorized to use for its 1959-60 capital outlay budget, certain accumulated tax funds arising from the levy of the special bond tax authorized by Chapter 83, Session Laws of 1955, and not presently needed for the payment of the principal of and the interest on the outstanding school bonds.

Sec. 2. All laws and clauses of laws in conflict with the provisions of this Act are hereby repealed.

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 18th day of June, 1959.