NORTH CAROLINA GENERAL ASSEMBLY

1967 SESSION

 

 

CHAPTER 363

HOUSE BILL 685

 

 

AN ACT AMENDING THE TOWN CHARTER OF THE TOWN OF TOPSAIL BEACH, TO PERMIT THE LEVY AND COLLECTION OF AD VALOREM TAXES AT A RATE NOT EXCEEDING ONE DOLLAR AND FIFTY CENTS ($1.50) ON THE ONE HUNDRED DOLLAR ($100.00) VALUATION OF TAXABLE PROPERTY.

 

The General Assembly of North Carolina do enact:

 

Section 1. Subsection (a) of Section 1 of Chapter 67 of the Session Laws of 1963 is hereby amended by striking out the words and amount: "fifty cents ($.50)" in line two of said subsection and by substituting in lieu thereof the words and amount: "one dollar and fifty cents ($1.50)".

Sec. 2. This Act shall apply only to the Town of Topsail Beach.

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 All laws and clauses of laws in conflict with this Act are hereby repealed.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 and shall apply to ad valorem taxes due for the year 1968 and thereafter.

In the General Assembly read three times and ratified, this the 9th day of May, 1967.