GENERAL ASSEMBLY OF NORTH CAROLINA

SESSION 1991

S	1 

SENATE BILL 621

Short Title:  St. Pauls Econ. Dev.	(Local)
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Sponsors: Senator Parnell.
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Referred to:  Local Government and Regional Affairs.
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April 15, 1991

A BILL TO BE ENTITLED
AN ACT ALLOWING THE TOWN OF SAINT PAULS TO TAKE INTO CONSIDERATION PROSPECTIVE REVENUES GENERATED BY THE DEVELOPMENT IN ARRIVING AT THE AMOUNT OF CONSIDERATION FOR AN ECONOMIC DEVELOPMENT CONVEYANCE.
The General Assembly of North Carolina enacts:
Section 1.  Section 2 of Chapter 266 of the 1989 Session Laws, as amended by Chapter 913 of the 1989 Session Laws, reads as rewritten:
"Sec. 2.  This act applies to the Cities of Saint Pauls, Kinston, Lumberton, and Wilson, and to the Counties of Duplin, Lenoir, Macon and Wilson only."
Sec. 2.  This act is effective upon ratification.