NORTH CAROLINA GENERAL ASSEMBLY
1961 SESSION

CHAPTER 60
HOUSE BILL 129

AN ACT TO AMEND CHAPTER 212 OF THE SESSION LAWS OF 1959, ENTITLED "AN ACT TO AUTHORIZE COUNTIES OF THE STATE TO CALL ELECTIONS ON THE QUESTION OF LEVYING TAXES FOR INDUSTRIAL DEVELOPMENT PURPOSES", AS THE SAME RELATES TO FRANKLIN COUNTY,

The General Assembly of North Carolina do enact:

Section 1. The seventh paragraph of Section 1 of Chapter 212 of the Session Laws of 1959, said paragraph being designated therein as G. S. 158‑13, is amended by striking out the period appearing at the end of the third sentence in said paragraph and inserting in lieu thereof a semicolon, and adding the following: "provided, that in Franklin County the 'Industrial Development Commission' shall be composed of ten members, and the terms of office of the members thereof shall be three years, with the exception of the first two years' existence of the Commission, in which four shall be appointed to serve for a period of one year, three for a period of two years, and three for a period of three years, and thereafter all members shall be appointed for three years, and shall serve until their successors have been appointed and qualified; and provided, further, that in Franklin County the Board of County Commissioners may fix the compensation for each member of said Industrial Development Commission at a rate not to exceed five dollars ($5.00) per meeting of the Commission attended by said member for not more than twelve meetings in any fiscal year, such compensation to be provided for in the budget of the Industrial Development Commission and to be paid from funds of said Commission".
Sec. 2. The provisions of this Act shall apply only to Franklin County.
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 17th day of March, 1961.