HOUSE BILL 606
AN ACT AUTHORIZING THE TOWN OF GARNER TO RECEIVE AND ACCEPT FUNDS PROVIDED BY A DEVELOPER TO THE TOWN FOR ACQUISITION OF RECREATIONAL LAND AND VALIDATING PRIOR ACCEPTANCE BY THE TOWN OF FUNDS PROVIDED BY DEVELOPERS IN LIEU OF DEDICATION OF LAND FOR PARK, RECREATION, OR OPEN SPACE SITES.
The General Assembly of North Carolina enacts:
Section 1. In addition to the contents and requirements of a subdivision control ordinance as authorized by G.S. 160A-372, the Town of Garner in a subdivision control ordinance may provide that a developer may provide funds to the Town whereby the Town may acquire recreational land or areas to serve the development or subdivisions, including the purchase of land which may be used to serve more than one subdivision or development.
Sec. 2. All prior acts by the Town of Garner in receiving and accepting funds from persons who developed or subdivided land as a payment of funds in lieu of dedication of a portion of such land for recreation areas are hereby validated in all respects.
Sec. 3. This act is effective upon ratification.
In the General Assembly read three times and ratified, this the 4th day of May, 1981.