NORTH CAROLINA GENERAL ASSEMBLY

1965 SESSION

 

 

CHAPTER 1033

HOUSE BILL 988

 

 

AN ACT TO EXTEND FOR TWO ADDITIONAL YEARS THE AUTHORITY OF THE UNIVERSITY OF NORTH CAROLINA TO PROVIDE SERVICE AND AUXILIARY FACILITIES AND TO ISSUE REVENUE BONDS TO PAY THE COSTS THEREOF.

 

The General Assembly of North Carolina do enact:

 

Section 1.  Section 1 (c) of Chapter 1078 of the Session Laws of 1961 is hereby stricken out in its entirety and the following Section inserted in lieu thereof:

"(c)       'University Enterprises' means the following existing facilities, systems, properties, plants, works and instrumentalities located in or near the Town of Chapel Hill, North Carolina, presently in the jurisdiction of and operated by the University; the telephone, electric, heating and water systems, the laundry, Carolina Inn, service and repair shops, the duplicating shop, book stores and student supply stores, and rental housing properties for faculty members;".

Sec. 2.  Section 4 of Chapter 1078 of the Session Laws of 1961, as amended by Section 2 of Chapter 944 of the Session Laws of 1963, is hereby further amended by striking out the words and figures "June 30, 1965" in lines 6 and 7 and inserting in lieu thereof the words and figures "June 30, 1967", and striking out the words and figures "two million five hundred thousand dollars ($2,500,000)" in lines 7 and 8 thereof and inserting in lieu thereof the words and figures "three million five hundred thousand dollars ($3,500,000)."

Sec. 3.  All laws and clauses of laws in conflict with this Act are hereby repealed.

Sec. 4.  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 14th day of June, 1965.