GENERAL ASSEMBLY OF NORTH CAROLINA
SESSION 2013
SESSION LAW 2013-173
HOUSE BILL 305
AN ACT amending the charter of the town of chapel hill to authorize the town to participate in economic development projects that are not in the town's downtown area.
The General Assembly of North Carolina enacts:
SECTION 1. Section 4.20 of the Charter of the Town of Chapel Hill, being Chapter 473 of the 1975 Session Laws, as amended, reads as rewritten:
"Sec. 4.20. Definition. As
used in this Article 'economic development project' means an economic capital
development project within a certain defined area or areas of the Town as
established by the Town Council, comprised of one or more buildings or other
improvements and including any public and/or private facilities.Said project
may include programs or facilities for improving downtown development, 'pocket
of poverty' or other federal or State assistance programs which the Town
Council determines to be in need of economic capital development or
revitalization and which qualify for capital assistance under applicable
federal or State programs."
SECTION 2. This act is effective when it becomes law.
In the General Assembly read three times and ratified this the 20th day of June, 2013.
s/ Philip E. Berger
President Pro Tempore of the Senate
s/ Thom Tillis
Speaker of the House of Representatives