NORTH CAROLINA GENERAL ASSEMBLY

1963 SESSION

CHAPTER 695

SENATE BILL 540

AN ACT PERMITTING HARNETT COUNTY TO AUTHORIZE BONDS FOR SCHOOL PURPOSES IN THE MAXIMUM AGGREGATE PRINCIPAL AMOUNT OF FOUR MILLION FIVE HUNDRED THOUSAND DOLLARS ($4,500,000.) NOTWITHSTANDING THE LIMITATION OF DEBT FOR SUCH PURPOSES IN THE COUNTY FINANCE ACT.

The General Assembly of North Carolina do enact:

Section 1. That pursuant to the provisions of The County Finance Act, being Article 9 of Chapter 153 of the General Statutes of North Carolina, the Board of Commissioners for the County of Harnett, North Carolina, is hereby authorized and empowered to pass a bond order or bond orders authorizing the issuance of bonds of said county for school purposes as provided in clause (a) of Section 153-77 of said General Statutes, in the maximum aggregate principal amount of four million five hundred thousand dollars ($4,500,000.), notwithstanding any limitation contained in Section 153-87 of said General Statutes.

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 That all laws and clauses of laws in conflict with the provisions of this Act are hereby repealed.

Sec. 3. That 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 5th day of June, 1963.