NORTH CAROLINA GENERAL ASSEMBLY

1973 SESSION

 

 

CHAPTER 896

HOUSE BILL 1582

 

AN ACT TO AMEND CHAPTER 368 OF THE 1957 SESSION LAWS RELATING TO EXPENDITURE OF FUNDS FOR INDUSTRIAL DEVELOPMENT IN NASH COUNTY.

 

The General Assembly of North Carolina enacts:

 

Section 1. Section 1 of Chapter 368 of the 1957 Session Laws, as the same was amended by Chapter 776 of the 1971 Session Laws, is hereby rewritten to read as follows:

"Section 1. The Board of Commissioners of Nash County is hereby authorized and empowered to appropriate and set apart annually a fund in such amount as said board shall in its discretion determine annually to be desirable and necessary to carry out the provisions and purposes of this act up to and including the sum of fifty thousand dollars ($50,000) annually."

Sec. 2. This act shall become effective upon ratification.

In the General Assembly read three times and ratified, this the 27th day of February, 1974.