GENERAL ASSEMBLY OF NORTH CAROLINA
1993 SESSION

CHAPTER 182
SENATE BILL 470

AN ACT TO EXEMPT JOINT MUNICIPAL POWER AGENCIES FROM THE STATE BIDDING LAWS IN THE CONSTRUCTION OF ELECTRIC GENERATION AND TRANSMISSION PROJECTS.

The General Assembly of North Carolina enacts:

Section 1.  G.S. 159B-11(10) reads as rewritten:
"(10)	To study, plan, finance, construct, reconstruct, acquire, improve, enlarge, extend, better, own, operate and maintain one or more projects, either individually or jointly with one or more municipalities in this State or any state contiguous to this State owning electric distribution facilities or with any political subdivisions, agencies or instrumentalities of any state contiguous to this State or with other joint agencies created pursuant to this Chapter, and to pay all or any part of the costs thereof from the proceeds of bonds of the joint agency or from any other funds made available to the joint agency; no provisions of law with respect to the acquisition, construction, or operation of property by other public bodies shall be applicable to any project as defined in this Chapter and as authorized by this subdivision unless the General Assembly shall specifically so state;".
Sec. 2.  This act is effective upon ratification, and applies to all contracts entered into prior to or after the effective date of this act for the purposes enumerated in G.S. 159B-11(10).
In the General Assembly read three times and ratified this the 21st day of June, 1993.

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Dennis A. Wicker
President of the Senate

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Daniel Blue, Jr.
Speaker of the House of Representatives