GENERAL ASSEMBLY OF NORTH CAROLINA

SESSION 1991

S	1 

SENATE BILL 928

Short Title:  General Purposes Bond Act. 	(Public)
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Sponsors: Senators Royall; Ballance, Basnight, Block, Conder, Cooper, Daniel, Hunt, Johnson, Lee, Martin of Pitt, Martin of Guilford, Marvin, Murphy, Parnell, Perdue, Plexico, Raynor, Richardson, Sands, Seymour, Sherron, Soles, Speed, Staton, Tally, Walker, Ward, and Warren.
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Referred to:  Finance.
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May 13, 1991

A BILL TO BE ENTITLED
AN ACT TO AUTHORIZE THE ISSUANCE OF SIX HUNDRED MILLION DOLLARS GENERAL OBLIGATION BONDS OF THE STATE, SUBJECT TO A VOTE OF THE QUALIFIED VOTERS OF THE STATE, TO PROVIDE FUNDS, WITH ANY OTHER AVAILABLE FUNDS, FOR GENERAL STATE PURPOSES.
The General Assembly of North Carolina enacts:
Section 1.  Short Title.  This act shall be known and may be cited as the "State General Purposes Bond Act."
Sec. 2.  Definitions.  As used in this act, unless the context otherwise requires:
(1)	" Bonds”means bonds issued under this act.
(2)	" Cost”means, without intending thereby to limit or restrict any proper definition of such word in financing the cost of facilities or purposes authorized by this act:
a.	The cost of constructing, reconstructing, enlarging, acquiring and improving facilities, and acquiring equipment and land therefor,
b.	The cost of engineering, architectural and other consulting services as may be required,
c.	Administrative expenses and charges,
d.	The cost of bond insurance, investment contracts, credit enhancement and liquidity facilities, interest-rate swap agreements, financial and legal consultants and related costs of bond and note issuance, to the extent and as determined by the State Treasurer, and 
e.	Any other costs and expenses necessary or incidental to the purposes of this act.
Allocations in this act of proceeds of bonds to the costs of a project or undertaking in each case may include allocations to pay the costs set forth in items c., d., and e. in connection with the issuance of bonds for such project or undertaking.
(3)	" Credit facility”means an agreement entered into by the State Treasurer on behalf of the State with a bank, savings and loan association or other banking institution, an insurance company, reinsurance company, surety company or other insurance institution, a corporation, investment banking firm or other investment institution, or any financial institution or other similar provider of a credit facility, which provider may be located within or without the United States of America, such agreement providing for prompt payment of all or any part of the principal or purchase price (whether at maturity, presentment or tender for purchase, redemption or acceleration), redemption premium, if any, and interest on any bonds or notes payable on demand or tender by the owner, in consideration of the State agreeing to repay the provider of the credit facility in accordance with the terms and provisions of such agreement.
(4)	" Notes”means notes issued under this act.
(5)	" Par formula”means any provision or formula adopted by the State to provide for the adjustment, from time to time, of the interest rate or rates borne by any bonds or notes, including:
a.	A provision providing for such adjustment so that the purchase price of such bonds or notes in the open market would be as close to par as possible,
b.	A provision providing for such adjustment based upon a percentage or percentages of a prime rate or base rate, which percentage or percentages may vary or be applied for different periods of time, or
c.	Such other provision as the State Treasurer may determine to be consistent with this act and will not materially and adversely affect the financial position of the State and the marketing of bonds or notes at a reasonable interest cost to the State.
Sec. 3.  Head Start Program Assistance Bonds.
(a)	Findings and determinations.  It is the intent and purpose of the General Assembly by this act to provide for the issuance of general obligation bonds of the State in order to provide support, together with support to be provided by the federal government as herein mentioned, in order to facilitate the payment of certain capital costs required in providing new and improving existing facilities to be used by entities providing services under the "head start”program, a program delivering comprehensive health, educational, nutritional, social and other services to economically disadvantaged children, primarily children who have not reached the age of compulsory school attendance.
(b)	Authorization of bonds and notes.  Subject to a favorable vote of a majority of the qualified voters of the State who vote on the question of issuing head start program assistance bonds in the election called and held as hereinafter provided, the State Treasurer is hereby authorized, by and with the consent of the Council of State, to issue and sell, at one time or from time to time, general obligation bonds of the State to be designated "State of North Carolina Head Start Program Assistance Bonds,”with such additional designations as may be determined to indicate the issuance of bonds from time to time, or notes of the State as herein provided, in an aggregate principal amount not exceeding five million six hundred fifty thousand dollars ($5,650,000) for the purposes authorized in this act. 
(c)	Uses of bond and note proceeds.  The proceeds of head start program assistance bonds and notes shall be used for the purposes of providing a contribution by the State, together with other available funds, to local private nonprofit corporations and public agencies administering head start programs for the payment of the cost of acquiring, constructing, reconstructing, renovating, equipping and improving classroom facilities for head start programs, including, without limitation, the acquisition of land and computer hardware and software.  The contribution to be made by the State shall be made only to nonprofit corporations and public agencies receiving monies from the federal government under the federal head start program.  The contribution by the State shall be made pursuant to agreements between the State by the Department of Human Resources and the nonprofit corporations or pursuant to rules and regulations of the Department of Human Resources having application to public agencies.  The agreements and the rules and regulations shall contain provisions necessary to assure that the proceeds of the head start program assistance bonds and notes are applied for the accomplishment of public purposes only, within the meaning of Article V, Section 2(7) of the North Carolina Constitution, including, without limitation, provisions to assure that facilities provided or improved shall be used in connection with the head start program.
In entering into agreements with nonprofit corporations or promulgating rules and regulations having application to public agencies, the Department of Human Resources may, but is not obligated to, incorporate the following requirements:
(1)	Title to real property shall vest in the nonprofit corporation, the public agency, the county wherein the facilities are located, or in another public agency.
(2)	If State funds are to be used in connection with the construction of facilities to be owned by a nonprofit corporation, the nonprofit corporation must comply with the applicable provision of Article 8 of Chapter 143 of the General Statutes of North Carolina concerning public bidding for construction and acquisition of equipment.
(3)	State funds shall be provided at the sole discretion of the Secretary of the Department of Human Resources following a review of competing applications.  The applications are to document the need for additional classroom space or equipment to  meet head start needs.  The documentation shall state why funds are needed; shall identify companion sources of funding; contain the endorsement of the county in which the proposed project is or will be located; identify the specific activities to be achieved including a schedule of events; and contain a description of the anticipated impact in the community.
(4)	The Secretary shall give priority to head start programs which must complete renovations or add new facilities in order to meet State and local safety, health and other licensing requirements.
The General Assembly may change from time to time any of the foregoing requirements.
(d)	Allocation of proceeds.  The proceeds of head start program assistance bonds and notes, including premium thereon, if any, except the proceeds of bonds the issuance of which has been anticipated by bond anticipation notes or the proceeds of refunding bonds or notes, shall be placed by the State Treasurer in a special account to be designated "Head Start Program Assistance Bonds Account”to be established in the "State General Purpose Bond Fund”hereinafter mentioned.  Moneys in the Head Start Program Assistance Bonds Account shall be used for the purposes set forth in this section.
Any additional moneys which may be received by means of a grant or grants from the United States of America or any agency or department thereof or from any other source to aid in financing the cost of the facilities authorized by this act may be placed by the State Treasurer in the Head Start Program Assistance Bonds Account or in a separate account or fund and shall be disbursed, to the extent permitted by the terms of such grant or grants, without regard to any limitations imposed by this act.
The proceeds of head start program assistance bonds and notes may be used with any other moneys made available by the General Assembly for State contributions to the head start program, including the proceeds of any other State bond issues, whether heretofore made available or which may be made available at the session of the General Assembly at which this act is ratified or any subsequent sessions.  The proceeds of head start program assistance bonds and notes shall be expended and disbursed under the direction and supervision of the Director of the Budget.  The funds provided by this act for the head start program shall be disbursed for the purposes provided in this act upon warrants drawn on the State Treasurer by the State Comptroller, which warrants shall not be drawn until requisition has been approved by the Director of the Budget and which requisition shall be approved only after full compliance with the Executive Budget Act, Article 1 of Chapter 143 of the General Statutes.
Sec. 4.  Public School Building Bonds.
(a)	Findings and determinations.  It is the intent and purpose of the General Assembly by this act to provide for the issuance of general obligation bonds of the State to facilitate the providing of public school buildings by providing funds for counties that have the greatest critical school building needs in relation to resources available to pay for school building needs.
(b)	Authorization of bonds and notes.  Subject to a favorable vote of a majority of the qualified voters of the State who vote on the question of issuing school building bonds in the election called and held as hereinafter provided, the State Treasurer is hereby authorized, by and with the consent of the Council of State, to issue and sell, at one time or from time to time, general obligation bonds of the State to be designated "State of North Carolina Public School Building Bonds,”with such additional designations as may be determined to indicate the issuance of bonds from time to time, or notes of the State as herein provided, in an aggregate principal amount not exceeding forty million dollars ($40,000,000) for the purposes authorized in this act.
(c)	Uses of bond and note proceeds.  The proceeds of school building bonds and notes shall be used for paying the cost of providing public school buildings including the planning, construction, reconstruction, enlargement, improvement, repair, or renovation of public school buildings, the purchase of land necessary for immediate construction of school buildings and other related capital outlay projects constituting facilities for individual schools that are used for instructional and related purposes, but not including centralized administration, maintenance, or other facilities.  The particular critical need and the particular local school administrative unit to which bond or note proceeds shall be allocated shall be determined by the Commission on School Facility Needs in the manner provided for the application of moneys in the Critical School Facility Needs Fund created by G.S. 115C-489.1; provided, however, that the General Assembly may change from time to time the agency making such determinations or the manner of making such determinations.
(d)	Allocation of proceeds.  The proceeds of public school building bonds and notes, including premiums thereon, if any, except the proceeds of bonds the issuance of which has been anticipated by bond anticipation notes or the proceeds of refunding bonds or notes, shall be placed by the State Treasurer in a special account to be designated "School Buildings Bonds Account”to be established in the "State General Purpose Bond Fund”hereinafter mentioned.  Moneys in the School Buildings Bonds Account shall be used for the purposes set forth in this section.
Any additional moneys which may be received by means of a grant or grants from the United States of America or any agency or department thereof or from any other source to aid in financing the cost of public school buildings may be placed by the State Treasurer in the School Buildings Bonds Account or in a separate account or fund and shall be disbursed, to the extent permitted by the terms of such grant or grants, without regard to any limitations imposed by this act.
The proceeds of public school buildings bonds and notes may be used with any other moneys made available by the General Assembly to aid in financing the cost of public school buildings, including the proceeds of any other State bond issues, whether heretofore made available or which may be made available at the session of the General Assembly at which this act is ratified or any subsequent sessions.  The proceeds of public school buildings bonds and notes shall be expended and disbursed under the direction and supervision of the Director of the Budget.  The funds provided by this act to aid in financing the cost of public school buildings shall be disbursed for the purposes provided in this act upon warrants drawn on the State Treasurer by the State Comptroller, which warrants shall not be drawn until requisition has been approved by the Director of the Budget and which requisition shall be approved only after full compliance with the Executive Budget Act, Article 1 of Chapter 143 of the General Statutes.
Sec. 5.  Community College Bonds.
(a)	Findings and determinations.  It is the intent and purpose of the General Assembly by this act to provide for the issuance of general obligation bonds of the State in order (i) to facilitate the acquisition of instructional equipment by community colleges by creating and providing for the funding of a Community College Equipment Revolving Loan Fund, (ii) to provide grants in equal amounts to each community college for capital outlay purposes as herein provided, and (iii) to make grants to particular community colleges for specified capital outlay purposes as herein provided.
(b)	Authorization of bonds and notes.  Subject to a favorable vote of a majority of the qualified voters of the State who vote on the question of issuing community college bonds in the election called and held as hereinafter provided, the State Treasurer is hereby authorized, by and with the consent of the Council of State, to issue and sell, at one time or from time to time, general obligation bonds of the State to be designated "State of North Carolina Community College Bonds,”with such additional designations as may be determined to indicate the issuance of bonds from time to time, or notes of the State as herein provided, in an aggregate principal amount not exceeding fifty-one million two hundred thousand dollars ($51,200,000) for the purposes authorized in this act.
(c)	Uses of bond and note proceeds.  The proceeds of community college bonds and notes shall be used for the purpose of making loans and grants to community or technical colleges, as defined in Chapter 115D of the General Statutes, the proceeds of loans to be used by community colleges for the purpose of paying the cost of the acquisition of instructional equipment including, without limitation, computer systems and supporting software programs, learning laboratories, audiovisual equipment, minicomputers and microcomputers, computer controlled machine tools and computer assisted drafting machines and the proceeds of grants shall be used as hereinafter in this section provided.
(I)  The proceeds of forty million four hundred sixty-three thousand five hundred thirty-nine dollars ($40,463,539) of community college equipment bonds and notes shall be used by the State Board of Community Colleges to make loans to individual community colleges.  Loans shall be repayable by individual community colleges from the proceeds of appropriations made by the General Assembly and available for such purpose and any other available moneys of the community colleges.  The funds transferred by the State Treasurer from the Community College Bonds Account hereinafter mentioned for the making of loans to community colleges, when received from the State Treasurer as herein provided, shall be deposited by the State Board of Community Colleges in a special fund established with the State Board of Community Colleges and to be designated "Community College Equipment Revolving Loan Fund.” Payments of principal and interest by individual community colleges on loans shall also be deposited to the Community College Equipment Revolving Loan Fund.  Moneys in the Community College Equipment Revolving Loan Fund, whether the proceeds of bonds and notes or the proceeds of payments of principal and interest on loans, shall be used by the State Board of Community Colleges to make loans to community colleges as herein provided.
In the making of loans, the State Board of Community Colleges shall consider:
(1)	The need for the equipment proposed to be acquired;
(2)	The amount of the loan requested;
(3)	The availability of local funds;
(4)	The estimated needs of the various community colleges throughout the State; and 
(5)	Whether or not the applicant has previously received a loan.
The State Board of Community Colleges may approve the making of a loan if it finds and determines, which finding and determination shall be binding and conclusive, that
(1)	The community college has demonstrated to the State Board of Community Colleges by appropriate documentation the need for the instructional equipment; and 
(2)	The community college has demonstrated to the State Board of Community Colleges by appropriate documentation that the instructional equipment to be provided by the loan funds is needed to offer a curriculum program approved by the State Board of Community Colleges and that a quality program would not be offered if equipment loan funds were not made available.
In approving the making of loans, the State Board of Community Colleges shall give priority to loans to community colleges that do not have additional local funds for such purpose.
The form of the loans and the details thereof including, without limitation, the maturity, interest rate and amortization schedule, shall be determined, from time to time, by the State Board of Community Colleges.
(II)  The proceeds of two million nine hundred thousand dollars ($2,900,000) of community college bonds and notes shall be used to make a grant of fifty thousand dollars ($50,000) to each community college.  The proceeds shall be used to pay the cost of renovating, reconstructing, repairing, and equipping existing community college facilities.  The particular projects within such purposes to be financed in whole or in part from the proceeds of said bonds at each community college shall be determined from time to time by the Board of Trustees of the particular community college.
(III)  The proceeds of seven million eight hundred thirty-six thousand four hundred sixty-one dollars ($7,836,461) of community college bonds and notes shall be allocated and expended for paying the cost of community college capital improvements, to the extent and as provided in this act and subject to change as herein provided, as follows:
	Community	Capital	Projected
	College	Improvement	Allocation

Anson/Stanly Community	Union County	$   930,000
College	Satellite campus
Classroom building

Caldwell Community College	Watauga County	12,512
and Technical Institute	Satellite campus
Classroom building

Cape Fear Community College	Health Science Building	600,000

Carteret Community College	Student Union Building	17,904

Catawba Valley Community	Classroom/Laboratory	365,000
College	Building

Craven Community College	Student Athletic Center	1,210,834

Davidson County Community	Driveway extension	33,000
College
Classroom Office Building	32,296

Fayetteville Technical	High Technology	1,000,000
Community College	Center Equipment

Isothermal Community College	Fine Arts Center	320,000

Johnston Community College	Library renovation	90,000

Nash Community College	Learning resource center/	389,775
student center

Piedmont Community College	Learning resource center at	35,497
Caswell County Satellite

Pitt Community College	Site development	28,577
for new building

Roanoke-Chowan Community	Energy Retrofit Project	100,000
College
Learning Resource Center/	367,645
Student Development Center

Rockingham Community College	Fire Service Training	120,250
Facility
Addition to Shop II	299,345
Classroom/Laboratory	773,826

Wake Technical Community	Student Education	1,110,000
College	Center

The particular capital improvements and the amount of the allocation therefor set forth above may be changed from time to time as the General Assembly may decide.
The State Board of Community Colleges is empowered, when the State Board of Community Colleges determines it is in the best interest of the State and the community college system to do so, and if the cost of a particular project is less than the projected allocation, to use the excess funds to increase the size of that project or increase the size of any other project described in this section, or to increase the amount allocated to a particular institution within the aggregate amount of funds available under this section.  To the extent that funds are not required to be expended for the specific projects described in this section, allocations authorized herein may be used for capital outlay projects at any community college or colleges, including community colleges not described above, as replacement projects, but no such funds may be used for operating expenditures.
(d)	Allocation of proceeds.  The proceeds of community college bonds and notes, including premium thereon, if any, except the proceeds of bonds the issuance of which has been anticipated by bond anticipation notes or the proceeds of refunding bonds or notes, shall be placed by the State Treasurer in a special account to be designated "Community College Bonds Account”to be established in the "State General Purpose Bond Fund”hereinafter mentioned.  Moneys in the Community College Bonds Account shall be used for the purposes set forth in this section, and the particular disbursements within such purposes to be made in whole or in part from the proceeds shall be determined from time to time by the State Board of Community Colleges.
Any additional moneys which may be received by means of a grant or grants from the United States of America or any agency or department thereof or from any other source to aid in financing the cost of any community college loans or grants authorized by this act may be placed by the State Treasurer in the Community College Bonds Account or in a separate account or fund and shall be disbursed, to the extent permitted by the terms of such grant or grants, without regard to any limitations imposed by this act.
The proceeds of community college bonds and notes may be used with any other moneys made available by the General Assembly for the making of community college loans and grants, including the proceeds of any other State bond issues, whether heretofore made available or which may be made available at the session of the General Assembly at which this act is ratified or any subsequent sessions.  The proceeds of community college bonds and notes shall be expended and disbursed under the direction and supervision of the Director of the Budget.  The funds provided by this act for community college loans shall be disbursed for the purposes provided in this act upon warrants drawn on the State Treasurer by the State Comptroller, which warrants shall not be drawn until requisition shall be approved only after full compliance with the Executive Budget Act, Article 1 of Chapter 143 of the General Statutes.
Sec. 6.  University Improvement Bonds.
(a)	Findings and determinations.  It is the intent and purpose of the General Assembly by this act to provide for the issuance of general obligation bonds of the State in order to facilitate the providing of capital improvements for certain of the constituent institutions of The University of North Carolina.
(b)	Authorization of bonds and notes.  Subject to a favorable vote of a majority of the qualified voters of the State who vote on the question of issuing university improvement bonds in the election called and held as hereinafter provided, the State Treasurer is hereby authorized, by and with the consent of the Council of State, to issue and sell, at one time or from time to time, general obligation bonds of the State to be designated "State of North Carolina University Improvement Bonds,”with such additional designations as may be determined to indicate the issuance of bonds from time to time, or notes of the State as herein provided, in an aggregate principal amount not exceeding two hundred eighty-three million eight hundred fifty-five thousand dollars ($283,855,000) for the purposes authorized in this act.
(c)	Uses of bond and note proceeds.  The proceeds of university improvement bonds and notes shall be used for the purpose of paying the cost of improvements to the facilities of the constituent institutions of The University of North Carolina, under the supervision of the Board of Governors of The University of North Carolina, including, without limitation, construction and renovation of classroom buildings, laboratory buildings, research facilities, libraries, physical education facilities, continuing education centers, student cafeteria and activity facilities including multipurpose facilities, administrative office buildings, and land acquisition and the cost of improvements to the North Carolina Center for Public Television under the Board of Governors of The University of North Carolina.
(d)	Allocation of proceeds.  The proceeds of university improvement bonds and notes, including premium thereon, if any, except the proceeds of bonds the issuance of which has been anticipated by bond anticipation notes or the proceeds of refunding bonds or notes, shall be placed by the State Treasurer in a special account to be designated "University Improvement Bonds Account”to be established in the "State General Purpose Bond Fund”hereinafter mentioned.  Moneys in the University Improvement Bonds Account shall be used for the purposes set forth in this section.  The proceeds of university improvement bonds and notes shall be allocated and expended for paying the cost of university capital improvements, to the extent and as provided in this act and subject to change as herein provided, as follows:
	Constituent
	Institution or Board	Projected
	of Governors	Capital Improvement	Allocation

Appalachian State	Academic Support Services	$ 8,500,000
University	Building
Student Activities and	9,500,000
Multipurpose Center

East Carolina University	Joyner Library Addition	25,800,000

Vivarium Addition	7,000,000

Center for Regional	7,054,000
Advancement (phase does
not include Arena portion
to be funded by contributions)

Elizabeth City State	Dormitory	1,500,000
University

Fayetteville State	Indoor Health, Physical	8,700,000
University	Education and Intramural
Facility

North Carolina	School of Technology	7,700,000
Agricultural and	Building
Technical State University

North Carolina	Conversion of Women's	1,800,000
Central University	Gymnasium

North Carolina	Student Activities	3,400,000
School of the Arts	Building

North Carolina State	Engineering Graduate	32,500,000
University at Raleigh	Research Center

Student Activities and	19,000,0000
Centennial Center

Agricultural Program	3,500,000
Animal Laboratory
Facilities

Pembroke State	Administrative Office	5,800,000
University	Building

University of North	Physical Education	5,200,000
Carolina at Asheville	Building

Conference Center	16,106,300

North Carolina Arboretum	6,000,000

University of North	School of Social Work	9,800,000
Carolina at Chapel Hill	Building

School of Business	14,900,000
Administration Building

Addition to School of	8,700,000
Dentistry

Addition to Lineberger	3,774,000
Cancer Research Center

Carolina Living &	1,120,700
Learning Center

University of North	Classroom and Academic	22,100,000
Carolina at Charlotte	Support Facility

University of North	New Music Building	21,900,000
Carolina at Greensboro

University of North	Physical Sciences	16,900,000
Carolina at	Building and Renovation
Wilmington	of DeLoach Hall

Western Carolina	Completion of Belk	3,200,000
University	Building and asbestos
removal

Renovate Moore Hall,	1,400,000
Phase II

Winston-Salem State	Student Services/	6,000,000
University	Cafeteria/Student Union
Complex

Board of Governors	Improvements to the	5,000,000
of The University of	Facilities for the North
North Carolina	Carolina Center for 
Public Television

Projected allocations set forth above may be adjusted to reflect the availability of other funds.
The Director of the Budget is empowered, when the Director of the Budget determines it is in the best interest of the State and The University of North Carolina to do so, and if the cost of a particular project is less than the projected allocation, to use the excess funds to increase the size of that project or increase the size of any other project itemized in this section, or to increase the amount allocated to a particular institution or the Board of Governors within the aggregate amount of funds available under this section; provided that the Director of the Budget may consult with the Advisory Budget Commission and the Joint Legislative Commission on Governmental Operations.  In addition, the particular capital improvements and the amount of the projected allocation therefor set forth above may be changed from time to time as the General Assembly may decide.  The provisions of G.S. 116-9 with respect to appropriations to the Board of Governors of The University of North Carolina shall not apply to proceeds of university improvements bonds and notes issued pursuant to the provisions of this act.
Any additional moneys which may be received by means of a grant or grants from the United States of America or any agency or department thereof or from any other source to aid in financing the cost of any university improvements authorized by this act may be placed by the State Treasurer in the University Improvement Bonds Account or in a separate account or fund and shall be disbursed, to the extent permitted by the terms of such grant or grants, without regard to any limitations imposed by this act.
The proceeds of university improvement bonds and notes may be used with any other moneys made available by the General Assembly for the making of university improvements, including the proceeds of any other State bond issues, whether heretofore made available or which may be made available at the session of the General Assembly at which this act is ratified or any subsequent sessions.  The proceeds of university improvement bonds and notes shall be expended and disbursed under the direction and supervision of the Director of the Budget.  The funds provided by this act for university improvements shall be disbursed for the purposes provided in this act upon warrants drawn on the State Treasurer by the State Comptroller, which warrants shall not be drawn until requisition has been approved by the Director of the Budget and which requisition shall be approved only after full compliance with the Executive Budget Act, Article 1 of Chapter 143 of the General Statutes.
Sec. 7.  State Parks and Zoo Bonds.
(a)	Findings and determination.  It is the intent and purpose of the General Assembly by this act to provide for the issuance of general obligation bonds of the State in order to facilitate the payment of the capital costs required in providing and improving existing State parks and recreation areas and providing additional State zoo facilities.
(b)	Authorization of bonds and notes.  Subject to a favorable vote of a majority of the qualified voters of the State who vote on the question of issuing State parks and zoo bonds in the election called and held as hereinafter provided, the State Treasurer is hereby authorized, by and with the consent of the Council of State, to issue and sell, at one time or from time to time, general obligation bonds of the State to be designated "State of North Carolina State Parks and zoo Bonds,”with such additional designations as may be determined to indicate the issuance of bonds from time to time, or notes of the State as herein provided, in an aggregate principal amount not exceeding fifty-five  million dollars ($55,000,000) for the purpose of providing funds, with any other available funds, for the purposes authorized in this act.
(c)	Uses of bond and note proceeds.  The proceeds of State parks and zoo bonds and notes shall be used for the purposes of paying the cost of capital facilities in State parks and recreation areas including, without limitation, visitors' centers, parking lots and access roads, dams, picnic areas, ranger residences, tent and trailer campsites, boat and canoe launching areas, rental cabins, boathouses, swimming facilities, trails, exhibits, storage buildings, water and wastewater systems, electrical systems, and underground fuel tanks and for the purposes of paying the cost of capital facilities for the North American Phase exhibits at the State zoo.
(d)	Allocation of proceeds.  The proceeds of State parks and zoo bonds and notes, including premium thereon, if any, except the proceeds of bonds the issuance of which has been anticipated by bond anticipation notes or the proceeds of refunding bonds or notes, shall be placed by the State Treasurer in a special account to be designated "State Parks and Zoo Bonds Account”to be established in the "State General Purpose Bond Fund”hereinafter mentioned.  Moneys in the State Parks and Zoo Bonds Account shall be used for the purposes set forth in this section, and the particular projects within such purposes to be financed in whole or in part from the proceeds shall be determined as hereinafter provided.
$5,000,000 of the proceeds of State parks and zoo bonds shall be allocated and expended to pay the capital cost of the North American Phase exhibits at the State zoo.  $3,046,900 of the proceeds of State parks and zoo bonds and notes shall be allocated and expended for paying the cost of State parks capital facilities, subject to change as herein provided, as follows:
State	Capital
Park 	Improvement	Allocation

Hanging Rock	Land Purchase	$   4,100
Jockeys Ridge	Land Purchase	294,900
Lake James	Land Purchase	57,200
Lake Waccamaw	Land Purchase	88,200
Merchants Millpond	Land Purchase	199,200
Eno State Park	Land Purchase	500,000
Mitchells Mill	Land Purchase	700
New River	Land Purchase	449,700
Raven Rock	Land Purchase	189,600
South Mountain	Land Purchase	234,700
Stone Mountain	Land Purchase	5,500
Hanging Rock	Various repairs	600,000
to facilities
Lake Waccamaw State
Park	Road pavement	97,000
Kerr Lake	Rest room facility	   26,000
Life Safety Code
Critical Needs
Improvements	Various parks	 300,000
The particular capital improvements and the amount of the allocation therefor set forth above may be changed from time to time as the General Assembly may decide.
The Director of the Budget is empowered, when the Director of the Budget determines it is in the best interest of the State and the State parks system to do so, and if the cost of a particular project is less than the projected allocation, to use the excess funds to increase the size of that project or increase the size of any other project described in this section, or to increase the amount allocated to a particular project within the aggregate amount of funds available under this section; provided that the Director of the Budget may consult with the Advisory Budget Commission and the Joint Legislative Commission on Governmental Operations.   To the extent that funds are not required to be expended for the specific projects described in this section, allocations authorized herein may be used for capital outlay projects at any State parks as replacement projects, but no such funds may be used for operating expenditures.
$46,953,100 of the proceeds of State parks and zoo bonds and notes shall be allocated and expended for paying the cost of the State parks capital facilities as the General Assembly shall designate at the session at which this bill is ratified or any subsequent session of the General Assembly.
Any additional moneys which may be received by means of a grant or grants from the United States of America or any agency or department thereof or from any other source to aid in financing the cost of any State parks facilities or the State zoo authorized by this act may be placed by the State Treasurer in the State Parks and Zoo Bonds Account or in a separate account or fund and shall be disbursed, to the extent permitted by the terms of such grant or grants, without regard to any limitations imposed by this act.
The proceeds of the State parks and zoo bonds and notes may be used with any other moneys made available by the General Assembly for the cost of State parks and zoo facilities, including the proceeds of any other State bond issues, whether heretofore made available or which may be made available at the session of the General Assembly at which this act is ratified or any subsequent sessions.  The proceeds of State parks and zoo bonds and notes shall be expended and disbursed under the direction and supervision of the Director of the Budget.  The funds provided by this act for State parks facilities and the State zoo shall be disbursed for the purposes provided in this act upon warrants drawn on the State Treasurer by the State Comptroller, which warrants shall not be drawn until requisition has been approved by the Director of the Budget and which requisition shall be approved only after full compliance with the Executive Budget Act, Article 1 of Chapter 143 of the General Statutes.
Sec. 8.  Solid Waste Management.
(a)	Findings and determinations.  It is the intent and purpose of the General Assembly by this act to provide for the issuance of general obligation bonds of the State in order to facilitate the implementation of local and regional solid waste programs by providing funding for the Solid Waste Management Loan Fund established by Chapter 159I of the General Statutes.
(b)	Authorization of bonds and notes.  Subject to a favorable vote of a majority of the qualified voters of the State who vote on the question of issuing solid waste management bonds in the election called and held as hereinafter provided, the State Treasurer is hereby authorized, by and with the consent of the Council of State, to issue and sell, at one time or from time to time, general obligation bonds of the State to be designated "State of North Carolina Solid Waste Management Bonds,”with such additional designations as may be determined to indicate the issuance of bonds from time to time, or notes of the State as herein provided, in the aggregate principal amount not exceeding five million dollars ($5,000,000) for the purposes authorized in this act.
(c)	Uses of bond and note proceeds.  The proceeds of solid waste management bonds and notes shall be used for the purposes of making deposits to the Solid Waste Management Loan Fund established by Chapter 159I of the General Statutes and shall be used for any purpose for which moneys in the Solid Waste Management Loan Fund may be used.
(d)	Allocation of proceeds.  The proceeds of solid waste management bonds and notes, including premium thereon, if any, except the proceeds of bonds the issuance of which has been anticipated by bond anticipation notes or the proceeds of refunding bonds or notes, shall be placed by the State Treasurer in a special account to be designated "Solid Waste Management Bonds Account”to be established in the "State General Purpose Bond Fund”hereinafter mentioned.  Moneys in the Solid Waste Management Bonds Account shall be used for the purposes set forth in this section, and the particular deposits to the Solid Waste Management Loan Fund to be made from the proceeds shall be determined from time to time by the North Carolina Solid Waste Management Capital Projects Financing Agency created pursuant to G.S. 159I-4.
Any additional moneys which may be received by means of a grant or grants from the United States of America or any agency or department thereof or from another source for deposit to the Solid Waste Management Loan Fund may be placed by the State Treasurer in the Solid Waste Management Bonds Account or in a separate account or fund and shall be disbursed, to the extent permitted by the terms of such grant or grants, without regard to any limitations imposed by this act.
The proceeds of solid waste management bonds and notes may be used with other moneys made available by the General Assembly for making deposits to the Solid Waste Management Loan Fund, including the proceeds of any other State bond issues, whether heretofore made available or which may be made available at the session of the General Assembly at which this act is ratified or any subsequent sessions.  The proceeds of solid waste management bonds and notes shall be expended and disbursed under the direction and supervision of the Director of the Budget.  The funds provided by this act for making deposits to the Solid Waste Management Loan Fund shall be disbursed for the purposes provided in this act upon warrants drawn on the State Treasurer by the State Comptroller, which warrants shall not be drawn until requisition has been approved by the Director of the Budget and which requisition shall be approved only after full compliance with the Executive Budget Act, Article I of Chapter 143 of the General Statutes.
Sec. 9.  Area Mental Health Facilities Bonds.
(a)	Findings and determinations.  It is the intent and purpose of the General Assembly by this act to provide for the issuance of general obligation bonds of the State in order to facilitate the payment of the capital costs required in providing facilities offering mental health, developmental disabilities, and substance abuse treatment services by Area Mental Health, Developmental Disabilities, and Substance Abuse Authorities.
(b)	Authorization of bonds and notes.  Subject to a favorable vote of a majority of the qualified voters of the State who vote on the question of issuing area mental health facilities bonds in the election called and held as hereinafter provided, the State Treasurer is hereby authorized, by and with the consent of the Council of State, to issue and sell, at one time or from time to time, general obligation bonds of the State to be designated "State of North Carolina Area Mental Health Facilities Bonds,”with such additional designations as may be determined to indicate the issuance of bonds from time to time, or notes of the State as herein provided, in an aggregate principal amount not exceeding twenty-five million dollars ($25,000,000) for the purposes authorized in this act.
(c)	Uses of bond and note proceeds.  The proceeds of area mental health facilities bonds and notes shall be used for the purpose of making grants to counties or to Area Mental Health, Developmental Disabilities, and Substance Abuse Authorities to pay the cost of land and buildings to be owned by such counties or Area Mental Health, Developmental Disabilities, and Substance Abuse Authorities or for reconstruction or improvements of existing buildings owned by counties or Area Mental Health, Developmental Disabilities, and Substance Abuse Authorities, in either case to provide primary centers, satellite centers, or group homes to be used by Area Mental Health, Developmental Disabilities, and Substance Abuse Authorities to provide mental health, developmental disabilities, and substance abuse treatment services pursuant to G.S. 122C-115.
Grants shall be made only for the purposes authorized by this section.  The funds provided by this act for the making of grants to counties or Area Mental Health, Developmental Disabilities, and Substance Abuse Authorities, when received from the State Treasurer as herein provided, shall be deposited by the Department of Human Resources in a special fund established with the Department of Human Resources and to be designated "Area Mental Health Facilities Grant Fund."
Grants shall be made by the Secretary of the Department of Human Resources upon recommendation of the North Carolina Medical Care Commission.  In determining to recommend to the Secretary that a grant be awarded, the North Carolina Medical Care Commission shall consider:
(1)	The need for the proposed capital improvement;
(2)	The ability of the applicant to pay the cost of the capital improvement from other sources available to the applicant; and
(3)	The ability of the applicant to pay the cost of operating the proposed capital improvement to be paid from the grant.
The Secretary of the Department of Human Resources may approve the recommendation of the North Carolina Medical Care Commission and the grant shall be approved if the Secretary finds and determines, which finding and determination shall be binding and conclusive, that:
(1)	The applicant has demonstrated a need for the proposed capital improvement and that no other practicable source of payment is available;
(2)	It is reasonably expected that sufficient funding will be available to pay the cost of operating the proposed capital improvement; and
(3)	The awarding of the grant to pay the cost of the proposed capital improvement will further the mental health, developmental disability, or substance abuse treatment needs of the State of North Carolina.
(d)	Allocation of proceeds.  The proceeds of area mental health facilities bonds and notes, including premium thereon, if any, except the proceeds of bonds the issuance of which has been anticipated by bond anticipation notes or the proceeds of refunding bonds or notes, shall be placed by the State Treasurer in a special account to be designated "Area Mental Health Facilities Bonds Account”to be established in the "State General Purpose Bond Fund”hereinafter mentioned. Moneys in the Area Mental Health Facilities Bonds Account shall be used for the purposes set forth in this section, and the particular deposits to be made to the Area Wide Mental Health Facilities Grant Fund shall be determined from time to time by the Secretary of Human Resources.
Any additional moneys which may be received by means of a grant or grants from the United States of America or any agency or department thereof or from any other source to aid in financing the cost of any facilities to be provided by Area Mental Health Facilities grants authorized by this act may be placed by the State Treasurer in the Area Mental Health Facilities Bonds Account or in a separate account or fund and shall be disbursed, to the extent permitted by the terms of such grant or grants, without regard to any limitations imposed by this act.
The proceeds of Area Mental Health Facilities bonds and notes may be used with any other moneys made available by the General Assembly for the making of grants, including the proceeds of any other State bond issues, whether heretofore made available or which may be made available at the session of the General Assembly at which this act is ratified or any subsequent sessions.  The proceeds of area mental health facilities bonds and notes shall be expended and disbursed under the direction and supervision of the Director of the Budget.  The funds provided by this act for area mental health facilities grants shall be disbursed for the purposes provided in this act upon warrants drawn on the State Treasurer by the State comptroller, which warrants shall not be drawn until requisition has been approved by the Director of the Budget and which requisition shall be approved only after full compliance with the Executive Budget Act, Article 1 Chapter 143 of the General Statutes.
Sec. 10.  State Buildings Renovation Bonds.
(a)	Findings and determination.  It is the intent and purpose of the General Assembly by this act to provide for the issuance of general obligation bonds of the State in order to facilitate the repairing and renovating of existing State buildings.
(b)	Authorization of bonds and notes.  Subject to a favorable vote of a majority of the qualified voters of the State who vote on the question of issuing State buildings renovation bonds in the election called and held as hereinafter provided, the State Treasurer is hereby authorized, by and with the consent of the Council of State, to issue and sell, at one time or from time to time, general obligation bonds of the State to be designated "State of North Carolina State Buildings Renovation Bonds,”with such additional designations as may be determined to indicate the issuance of bonds from time to time, or notes of the State as herein provided, in an aggregate principal amount not exceeding fifty million dollars ($50,000,000) for the purposes authorized in this act.
(c)	Uses of bond and note proceeds.  The proceeds of State buildings renovation bonds and notes shall be used for the purposes of paying the cost of renovating, reconstructing, and repairing and equipping existing State buildings.
(d)	Allocation of proceeds.  The proceeds of State buildings renovation bonds and notes, including premium thereon, if any, except the proceeds of bonds the issuance of which has been anticipated by bond anticipation notes or the proceeds of refunding bonds or notes, shall be placed by the State Treasurer in a special account to be designated "State Buildings Renovation Bonds Account”to be established in the "State General Purpose Bond Fund”hereinafter mentioned.  Moneys in the State Buildings Construction and Renovation Bonds Account shall be used to pay the costs of renovating, reconstruction, and repairing and equipping existing State buildings.  The particular projects within such purposes to be financed in whole or in part from the proceeds of State buildings renovation bonds shall be determined from time to tome by the Director of the Office of State Budget and Management.  In determining the particular projects to be financed, the Director of the Office of State Budget and Management shall develop criteria to establish a priority system under which projects for renovation, reconstruction, repair, and equipping shall be approved.  The criteria shall include such factors as the Director of the Office of State Budget and Management shall deem appropriate in order to accomplish the purposes of this act.  Such criteria shall include:
(1)	Any improvement project shall be in an amount not less than fifty thousand dollars ($50,000).
(2)	Renovations, reconstruction, repairs, and equipping of State buildings shall be approved in the following order of priority:
a.	Repair or replacement of roofs;
b.	Installation of utilities;
c.	Installation of life-safety improvements, including asbestos removal;
d.	HVAC repairs, renovations, and replacements;
e.	Design renovations for more efficient use of walking space; and
f.	Other improvements, including, without limitation, installation of driveways and walkways, landscaping, and installation of irrigation systems.
Any additional moneys which may be received by means of a grant or grants from the United States of America or any agency or department thereof or from any other source to aid in financing the cost of renovation, reconstruction, repair or equipping of any State buildings may be placed by the State Treasurer in the State Buildings Renovation Bonds Account or in a separate account or fund and shall be disbursed, to the extent permitted by the terms of such grant or grants, without regard to any limitations imposed by this act.
The proceeds of the State buildings renovation bonds and notes may be used with any other moneys made available by the General Assembly for the cost of renovation, reconstruction, repair, or equipping of State buildings, including the proceeds of any other State bond issues, whether heretofore made available or which may be made available at the session of the General Assembly at which this act is ratified or any subsequent sessions.  The proceeds of State buildings renovation bonds and notes shall be expended and disbursed under the direction and supervision of the Director of the Budget.  The funds provided by this act for State buildings renovation, reconstruction, repair, and equipping shall be disbursed for the purposes provided in this act upon warrants drawn on the State Treasurer by the State Comptroller, which warrants shall not be drawn until requisition has been approved by the Director of the Budget and which requisition shall be approved only after full compliance with the Executive Budget Act, Article 1 of Chapter 143 of the General Statutes.
Sec. 11.  Housing Bonds.
(a)	Findings and determinations.  It is the intent and purpose of the General Assembly by this act to provide for the issuance of general obligation bonds of the State in order to increase the supply of decent, affordable, and energy efficient housing for very low and low income residents of the State by providing funding for the North Carolina Housing Trust Fund established by Chapter 122E of the General Statutes.
(b)	Authorization of bonds and notes.  Subject to a favorable vote of a majority of the qualified voters of the State who vote on the question of issuing housing bonds in the election called and held as hereinafter provided, the State Treasurer is hereby authorized, by and with the consent of the Council of State, to issue and sell, at one time or from time to time, general obligation bonds of the State to be designated "State of North Carolina Housing Bonds,”with such additional designations as may be determined to indicate the issuance of bonds from time to time, or notes of the State as herein provided, in an aggregate principal amount not exceeding five million dollars ($5,000,000) for the purposes authorized in this act.
(c)	Uses of bond and note proceeds.   The proceeds of housing bonds and notes shall be used for the purposes of making deposits to the North Carolina Housing Trust Fund established by Chapter 122E of the General Statutes, to be used to make loans to eligible applicants as described in G.S. 122E-7, including, as provided in G.S. 122E-7, units of State and local governments, including municipal corporations, and for-profit and nonprofit housing developers to finance the cost of construction of new housing units, including costs of land acquisition and site preparation, and rehabilitation of substandard existing housing units, including weatherization.  Such amounts shall be loaned by the North Carolina Housing Trust Fund in such a manner so as to ensure that the uses thereof directly benefit very low and low income persons as set forth in subdivisions (2) and (3) of G.S. 122E-6(a).
The particular loans to be made by the North Carolina Housing Trust Fund shall be determined from time to time by the North Carolina Housing Partnership created pursuant to G.S. 122E-4.  The North Carolina Housing Finance Agency shall administer the loans and loan programs pursuant to which the proceeds of housing bonds shall be loaned to eligible applicants as provided by this section.
(d)	Allocation of proceeds.  The proceeds of housing bonds and notes, including premium thereon, if any, except the proceeds of bonds the issuance of which has been anticipated by bond anticipation notes or the proceeds of refunding bonds or notes, shall be placed by the State Treasurer in a special account to be designated "Housing Bonds Account”to be established in the "State General Purpose Bond Fund”hereinafter mentioned.  Moneys in the Housing Bonds Account shall be used for the purposes set forth in this section.
Any additional moneys which may be received by means of a grant or grants from the United States of America or any agency or department thereof or from another source for deposit to the North Carolina Housing Trust Fund may be placed by the State Treasurer in the Housing Bonds Account or in a separate account or fund and shall be disbursed, to the extent permitted by the terms of such grant or grants, without regard to any limitations imposed by this act.
The proceeds of housing bonds and notes may be used with other moneys made available by the General Assembly for making deposits to the North Carolina Housing Trust Fund, including the proceeds of any other State bond issues, whether heretofore made available or which may be made available at the session of the General Assembly at which this act is ratified or any subsequent sessions.  The proceeds of housing bonds and notes shall be expended and disbursed under the direction and supervision of the Director of the Budget.  The funds provided by this act for making deposits to the North Carolina Housing Trust Fund shall be disbursed for the purposes provided in this act upon warrants drawn on the State Treasurer by the State Comptroller, which warrants shall not be drawn until requisition has been approved by the Director of the Budget and which requisition shall be approved only after full compliance with the Executive Budget Act, Article 1 of Chapter 143 of the General Statutes.
Sec. 12.  Public Library Bonds.
(a)	Findings and determinations.  It is the intent and purpose of the General Assembly by this act to provide for the issuance of general obligation bonds of the State in order to facilitate the providing of public library facilities by counties, cities, and joint library systems created pursuant to G.S. 153A-270.
(b)	Authorization of bonds and notes.  Subject to a favorable vote of a majority of the qualified voters of the State who vote on the question of issuing public library bonds in the election called and held as hereinafter provided, the State Treasurer is hereby authorized, by and with the consent of the Council of State, to issue and sell, at one time or from time to time, general obligation bonds of the State to be designated "State of North Carolina Public Library Bonds,”with such additional designations as may be determined to indicate the issuance of bonds from time to time, or notes of the State as herein provided, in an aggregate principal amount not exceeding ten million dollars ($10,000,000) for the purposes authorized in this act.
(c)	Uses of bond and note proceeds.  The proceeds of public library bonds and notes shall be used for the purpose of making grants to counties and cities, as defined in G.S. 160A-1(2), and to joint library systems created pursuant to G.S. 153A-270, to pay the cost of library facilities, including without limitation, fixed and mobile libraries, to be owned by counties, cities, or joint library systems and used to provide public library services.
Grants shall be made only for the purposes authorized by this section.  The funds provided by this act for the making of grants to counties, cities, or joint library systems when received from the State Treasurer as herein provided, shall be deposited by the Department of Cultural Resources in a special fund established with the Department of Cultural Resources and to be designated "Public Library Facilities Grant Fund."
Grants shall be made by the Department of Cultural Resources to individual counties, cities, and joint library systems for the purposes authorized by this section.  The award of any grant shall be contingent upon the contribution by the individual county, city, or joint library system of a matching amount determined as hereinafter set forth.  The required matching amount for an individual county or city shall be determined by the Secretary of Cultural Resources based on such county's rank, or in the case of a city, the rank of the county in which such city is located and if such city is located in more than one county, the county in which the majority of the population of the city resides, in a ranking of counties by per capita income from highest to lowest by the Office of State Budget and Management for the most recent 36-month period for which data is available as follows:
Rank in per capita income	Matching requirement
(highest to lowest)	(percentage)
	1 to 25	200%
	26 to 75	100%
	76 to 100	-0-
If a grant is to a joint library system involving more than one county, the matching amount shall be determined by the average of the rankings of the applicable counties.  Contributions of matching funds may be made by counties or cities from any source lawfully available therefor.
In the making of grants, the Secretary of Cultural Resources shall consider:
(1)	The need for the facilities proposed to be constructed;
(2)	The amount of the grant requested;
(3)	The estimated needs of the public libraries throughout the State;
(4)	Whether the public library for which the grant will be awarded complies with existing criteria for the receipt of State funding; and
(5)	Whether or not the applicant has previously received a grant.
The Secretary of Cultural Resources may approve the making of a grant if such Secretary finds and determines, which finding and determination shall be binding and conclusive, that:
(1)	The county, city, or joint library system has demonstrated to the Secretary by appropriate documentation the need for the facilities; and
(2)	The county, city, or joint library system has demonstrated to the Secretary by appropriate documentation that the facilities to be provided by the grant funds are needed to offer adequate, modern library services and facilities in the county or city or the service area of the joint library system.
The General Assembly may change from time to time the officer making the determination as to the making of grants, the manner of making such determinations and the amount of the contribution required of a county, city, or joint library system.
(d)	Allocation of proceeds.  The proceeds of public library bonds and notes, including premium thereon, if any, except the proceeds of bonds the issuance of which has been anticipated by bond anticipation notes or the proceeds of refunding bonds or notes, shall be placed by the State Treasurer in a special account to be designated "Public Library Bonds Account”to be established in the "State General Purpose Bond Fund”hereinafter mentioned.  Moneys in the Public Library Bonds Account shall be used for the purposes set forth in this section.
Any additional moneys which may be received by means of a grant or grants from the United States of America or any agency or department thereof or from any other source to aid in financing the cost of any library facilities authorized by this act may be placed by the State Treasurer in the Public Library Bonds Account or in a separate account or fund and shall be disbursed, to the extent permitted by the terms of such grant or grants, without regard to any limitations imposed by this act.
The proceeds of public library bonds and notes may be used with any other moneys made available by the General Assembly for the making of grants, including the proceeds of any other State bond issues, whether heretofore made available or which may be made available at the session of the General Assembly at which this act is ratified or any subsequent sessions.  The proceeds of public library bonds and notes shall be expended and disbursed under the direction and supervision of the Director of the Budget.  The funds provided by this act for public library grants shall be disbursed for the purposes provided in this act upon warrants drawn on the State Treasurer by the State Comptroller, which warrants shall not be drawn until requisition has been approved by the Director of the Budget and which requisition shall be approved only after full compliance with the Executive Budget Act, Article 1 of Chapter 143 of the General Statutes.
Sec. 13.  State Buildings Construction and Equipment Bonds.
(a)	Findings and determination.  It is the intent and purpose of the General Assembly by this act to provide for the issuance of general obligation bonds of the State in order to facilitate the constructing, equipping, and furnishing new State buildings.
(b)	Authorization of bonds and notes.  Subject to a favorable vote of a majority of the qualified voters of the State who vote on the question of issuing State buildings construction and equipment bonds in the election called and held as hereinafter provided, the State Treasurer is hereby authorized, by and with the consent of the Council of State, to issue and sell, at one time or from time to time, general obligation bonds of the State to be designated "State of North Carolina State Buildings Construction and Equipment Bonds,”with such additional designations as may be determined to indicate the issuance of bonds from time to time, or notes of the State as herein provided, in an aggregate principal amount not exceeding sixty-six million eight hundred ninety-five thousand dollars ($66,895,000) for the purposes authorized in this act.
(c)	Uses of bond and note proceeds.  The proceeds of State buildings construction and equipment bonds and notes shall be used for the purposes of paying the cost of purchasing land and constructing, furnishing, and equipping new State buildings.
(d)	Allocation of proceeds.  The proceeds of State buildings bonds and notes, including premium thereon, if any, except the proceeds of bonds the issuance of which has been anticipated by bond anticipation notes or the proceeds of refunding bonds or notes, shall be placed by the State Treasurer in a special account to be designated "State Buildings Construction and Equipment Bonds Account”to be established in the "State General Purpose Bond Fund”hereinafter mentioned.  Moneys in the State Buildings Construction and Bonds Account shall be used for the purposes set forth in this section.  The proceeds of State buildings construction and equipment bonds shall be allocated and expended for paying the costs of purchasing land and constructing, furnishing, and equipping new State buildings, to the extent and as provided in this act and subject to changes as herein provided, as follows:

	Department	Project	Amount

Department of Agriculture	Construction and 	$ 7,005,130
equipping new
Agronomic Lab

Department of Justice	Construction and	20,200,000
equipping laboratory
complex for the State
Bureau of Investigation

Department of Justice	Construction and	2,500,000
equipping Justice Academy
at Salemburg classroom
building and resource center

Department of Cultural	Construction and	27,000,000
Resources	equipping North Carolina
Museum of History

Department of Cultural	Equipment and	4,215,800
Resources	furnishings for North
Carolina Museum of
Natural History

Department of Agriculture	Land purchase for the	350,000
Western Carolina
Agricultural Center

Department of Agriculture	Construction of	1,752,610
facility for Southeastern
Farmers Market
Department of Agriculture	Construction of a	2,771,460
facility for Piedmont
Triad Farmers Market

Office of State Budget	Construction of a	1,100,000
and Management	sheltered workshop for
the Division of Vocational
Rehabilitation on the campus
of Dorothea Dix Hospital

No amounts shall be expended for construction of a sheltered workshop for the Division of Vocational Rehabilitation on the campus of Dorothea Dix Hospital unless prior to or concurrently therewith the United States government has expended an equal amount towards construction of the workshop.  The particular projects and the amount of the allocation therefor, and the matching requirement in connection with the expenditure therefor set forth above may be changed from time to time as the General Assembly may decide.
Projected allocations set forth above may be adjusted to reflect the availability of other funds.
The Director of the Budget is empowered, when the Director of the Budget determines it is in the best interest of the State to do so, and if the cost of a particular project is less than the projected allocation, to use the excess funds to increase the size of that project or increase in the size of any other project described in this section, or to increase the amount allocated to a particular project within the aggregate amount of funds available under this section; provided, however, that the Director of the Budget may consult with the Advisory Budget Commission and the Joint Legislative Commission on Governmental Operations.  To the extent that funds are not required to be expended for the specific projects described in this section, allocations authorized herein may be used for construction and equipping of any other new State buildings.
The proceeds of the State buildings construction and equipment bonds and notes may be used with any other moneys made available by the General Assembly for the cost of construction, furnishing, and equipping State buildings, including the proceeds of any other State bond issues, whether heretofore made available or which may be made available at the session of the General Assembly at which this act is ratified or any subsequent sessions.  The proceeds of State buildings construction and equipment bonds and notes shall be expended and disbursed under the direction and supervision of the Director of the Budget.  The funds provided by this act for State buildings construction and equipment shall be disbursed for the purposes provided in this act upon warrants drawn on the State Treasurer by the State Comptroller, which warrants shall not be drawn until requisition has been approved by the Director of the Budget and which requisition shall be approved only after full compliance with the Executive Budget Act, Article 1 of Chapter 143 of the General Statutes.
Sec. 14.  Aviation Museum Bonds.
(a)	Findings and determinations.  It is the intent and purpose of the General Assembly by this act to provide for the issuance of general obligation bonds of the State in order to provide support, together with the support of other entities herein referred to, for the creation and construction of the Cunningham Air Museum, a museum of aeronautics to be opened to the public and to be located on the Marine Air Base in Havelock, North Carolina.
(b)	Authorization of bonds and notes.  Subject to a favorable vote of a majority of the qualified voters of the State who vote on the question of issuing aviation museum bonds in the election called and held as hereinafter provided, the State Treasurer is hereby authorized, by and with the consent of the Council of State, to issue and sell, at one time or from time to time, general obligation bonds of the State to be designated "State of North Carolina Aviation Museum Bonds,”with such additional designations as may be determined to indicate the issuance of bonds from time to time, or notes of the State as herein provided, in an aggregate principal amount not exceeding two million four hundred thousand dollars ($2,400,000) for the purposes authorized in this act.
(c)	Uses of bond and note proceeds.  The proceeds of aviation museum bonds and notes shall be used for the purposes of providing a contribution by the State, together with other available funds, to pay the costs of constructing a museum of aeronautics and aviation known as the Cunningham Air Museum, and to be open to the public and to be located in Havelock, North Carolina, and owned by the Department of the Navy of the United States of America.  The contribution to be made shall be for the costs of construction of the museum.  The contribution from the proceeds of the aviation museum bonds and notes shall be made by the State pursuant to an agreement between the State by the Director of the Office of State Budget and Management, on behalf of the Director of the Budget, and an agency or department of the United States government, which agreement shall be subject to the approval of the Council of State.  The agreement shall contain provisions necessary to assure that the proceeds of aviation museum bonds and notes are applied for the accomplishment of public purposes only, within the meaning of Article V, Section 2(7) of the North Carolina Constitution, including, without limitation, provisions to assure that the museum of aeronautics and aviation shall be open to the public.
(d)	Allocation of proceeds.  The proceeds of aviation museum bonds and notes, including premium thereon, if any, except the proceeds of bonds the issuance of which has been anticipated by bond anticipation notes or the proceeds of refunding bonds or notes, shall be placed by the State Treasurer in a special account to be designated "State Aviation Museum Bonds Account”to be established in the "State General Purpose Bond Fund”hereinafter mentioned.  Moneys in the State Aviation Museum Bonds Account shall be used for the purposes set forth in this section.
Any additional moneys which may be received by means of a grant or grants from the United States of America or any agency or department thereof or from any other source to aid in financing the cost of the museum of aeronautics and aviation authorized by this act may be placed by the State Treasurer in the State Aviation Museum Bonds Account or in a separate account or fund and shall be disbursed, to the extent permitted by the terms of such grant or grants, without regard to any limitations imposed by this act.
The proceeds of aviation museum bonds and notes may be used with any other moneys made available by the General Assembly for the State's contribution to the cost of a museum of aeronautics and aviation, including the proceeds of any other State bond issues, whether heretofore made available or which may be made available at the session of the General Assembly at which this act is ratified or any subsequent sessions.  The proceeds of aviation museum bonds and notes shall be expended and disbursed under the direction and supervision of the Director of the Budget.  The funds provided by this act for the museum of aeronautics and aviation shall be disbursed for the purposes provided in this act upon warrants drawn on the State Treasurer by the State Comptroller, which warrants shall not be drawn until requisition has been approved by the Director of the Budget and which requisition shall be approved only after full compliance with the Executive Budget Act, Article 1 of Chapter 143 of the General Statutes.
Sec. 15.  Election.  The questions of the issuance of the following bonds of the State of North Carolina authorized by this act shall each be submitted to the qualified voters of the State at an election to be held on a date to be fixed by the Governor by proclamation issued by him, but in any event not later than November 5, 1991:

$  5,650,000	Head Start Program Assistance Bonds
  40,000,000	Public Schools Bonds
  51,200,000	Community College Bonds
283,855,000	University Improvement Bonds
  55,000,000	State Parks and Zoo Bonds
  66,895,000	State Buildings Construction and Equipment Bonds
  25,000,000	Area Mental Health Facilities Bonds
   5,000,000	Solid Waste Management Bonds
  50,000,000	State Buildings Renovation Bonds
   5,000,000	Housing Bonds
  10,000,000	Public Library Bonds
   2,400,000	Aviation Museum Bonds

Any other primary, election or referendum validly called or scheduled by law at the time the election on the bond questions provided for in this section is held may be held as called or scheduled.  Notice of the election on the bond questions shall be given by publication twice in a newspaper or newspapers having general circulation in each county in the State, and the election and the registration of voters therefor shall be held under and in accordance with the general laws of the State.  Absentee ballots shall be authorized in the election.
The State Board of Elections shall reimburse the counties of the State for all necessary expenses incurred in holding the election which are in addition to those which would have otherwise been incurred, the same to be paid out of the Contingency and Emergency Fund or other available funds.
Voting machines may be used in accordance with the rules and regulations prescribed by the State Board of Elections.  The State Board of Elections may also cause to be printed and distributed, to the extent necessary, ballots for use in the election.  The bond questions to be used in the voting machines and any ballots shall be in substantially the following forms:
[]	FOR the issuance of five million six hundred fifty thousand dollars ($5,650,000) State of North Carolina Head Start Program Assistance bonds secured by a pledge of the faith and credit and taxing power of the State for making contributions by the State to public agencies and nonprofit corporations to pay, with any other available funds, the cost of providing and equipping classroom facilities for use by such entities in delivering comprehensive health, educational, nutritional, social and other services primarily, to preschool children.
[]	AGAINST the issuance of five million six hundred fifty thousand dollars ($5,650,000) State of North Carolina Head Start Program Assistance Bonds secured by a pledge of the faith and credit and taxing power of the State for making contributions by the State to public agencies and nonprofit corporations to pay, with any other available funds, the cost of providing and equipping classroom facilities for use by such entities in delivering comprehensive health, educational, nutritional, social and other services primarily, to preschool children.
[]	FOR the issuance of forty million dollars ($40,000,000) State of North Carolina Public School building bonds secured by a pledge of the faith and credit and taxing power of the State for paying, with any other available funds, the cost of providing public school buildings and other capital projects to be used for instructional purposes for counties that have the greatest critical school building needs in relation to resources available to pay for school building needs.
[]	AGAINST the issuance of forty million dollars ($40,000,000) State of North Carolina Public School Building Bonds secured by a pledge of the faith and credit and taxing power of the State for paying, with any other available funds, the cost of providing public school buildings and other capital projects to be used for instructional purposes for counties that have the greatest critical school building needs in relation to resources available to pay for school building needs.
[]	FOR the issuance of fifty-one million two hundred thousand dollars ($51,200,000) State of North Carolina Community College Bonds secured by a pledge of the faith and credit and taxing power of the State for making loans and grants to community and technical colleges to pay, together with other available funds, the cost of capital improvements.
[]	AGAINST the issuance of fifty-one million two hundred thousand dollars ($51,200,000) State of North Carolina University Improvement Bonds secured by a pledge of the faith and credit and taxing power of the State for making loans and grants to community and technical colleges to pay, together with other available funds, the cost of capital improvements.
[]	FOR the issuance of two hundred eighty-three million eight hundred fifty-five thousand dollars ($283,855,000) State of North Carolina University Improvement Bonds secured by a pledge of the faith and credit and taxing power of the State for paying, with any other available funds, the cost of capital improvements at the constituent institutions and the Center for Public Television of the University of North Carolina.
[]	AGAINST the issuance of two hundred eighty-three million eight hundred fifty-five thousand dollars ($283,855,000) State of North Carolina University Improvement Bonds secured by a pledge of the faith and credit and taxing power of the State for paying, with any other available funds, the cost of capital improvements at the constituent institutions and the Center for Public Television of the University of North Carolina.
[]	FOR the issuance of fifty-five million dollars ($55,000,000) State of North Carolina State Parks and Zoo Bonds secured by a pledge of the faith and credit and taxing power of the State for paying, with any other available funds, the cost of capital facilities in State parks and recreation areas and capital facilities for the North American Phase exhibits at the State zoo.
[]	AGAINST the issuance of fifty million dollars ($50,000,000) State of North Carolina State Parks Bonds secured by a pledge of the faith and credit and taxing power of the State for paying, with any other available funds, the cost of capital facilities in State parks and recreation areas and capital facilities for the North American Phase exhibits at the State zoo.
[]	FOR the issuance of five million dollars ($5,000,000) State of North Carolina Solid Waste Management Bonds secured by a pledge of the faith and credit and taxing power of the State for making a grant to the North Carolina Solid Waste Management Loan Program Loan Fund for providing, with any other available funds, loans and other forms of financial assistance to units of local government to finance the capital costs of solid waste management programs.
[]	AGAINST the issuance of five million dollars ($5,000,000) State of North Carolina Solid Waste Management Bonds secured by a pledge of the faith and credit and taxing power of the State for making a grant to the North Carolina Solid Waste Management Loan Program Loan Fund for providing, with any other available funds, loans and other forms of financial assistance to units of local government to finance the capital costs of solid waste management programs.
[]	FOR the issuance of twenty-five million dollars ($25,000,000) State of North Carolina Area Mental Health Facilities Bonds secured by a pledge of the faith and credit and taxing power of the State for making grants to counties and Area Mental Health, Developmental Disabilities, and Substance Abuse Authorities to pay, with any other available funds, the cost of land and construction of capital improvements to provide facilities for mental health, developmental disabilities, and substance abuse treatment services.
[]	AGAINST the issuance of twenty-five million dollars ($25,000,000) State of North Carolina Area Mental Health Facilities Bonds secured by a pledge of the faith and credit and taxing power of the State for making grants to counties and Area Mental Health, Developmental Disabilities, and Substance Abuse Authorities to pay, with any other available funds, the cost of land and construction of capital improvements to provide facilities for mental health, developmental disabilities, and substance abuse treatment services.
[]	FOR the issuance of fifty million dollars ($50,000,000) State of North Carolina State Buildings Renovation Bonds secured by a pledge of the faith and credit and taxing power of the State for paying, with any other available funds, the cost of renovating, reconstructing, repairing, and equipping existing State buildings.
[]	AGAINST the issuance of fifty million dollars ($50,000,000) State of North Carolina State Buildings Renovation Bonds secured by a pledge of the faith and credit and taxing power of the State for paying, with any other available funds, the cost of renovating, reconstructing, repairing, and equipping existing State buildings.
[]	FOR the issuance of five million dollars ($5,000,000) State of North Carolina Housing Bonds secured by a pledge of the faith and credit and taxing power of the State for making loans, including loans to private corporations, to provide, with any other available funds, decent and affordable housing to lower income persons.
[]	AGAINST the issuance of five million dollars ($5,000,000) State of North Carolina Housing Bonds secured by a pledge of the faith and credit and taxing power of the State for making loans, including loans to private corporations, to provide, with any other available funds, decent and affordable housing to lower income persons.
[]	FOR the issuance of ten million dollars ($10,000,000) State of North Carolina Public Library Bonds secured by a pledge of the faith and credit and taxing power of the State for making grants to counties, cities and other units of local government to pay, with any other available funds, the cost of public library facilities.
[]	AGAINST the issuance of ten million dollars ($10,000,000) State of North Carolina Public Library Bonds secured by a pledge of the faith and credit and taxing power of the State for making grants to counties, cities and other units of local government to pay, with any other available funds, the cost of public library facilities.
[]	FOR the issuance of sixty-six million eight hundred ninety-five thousand dollars ($66,895,000) State of North Carolina State Buildings Construction and Equipment Bonds secured by a pledge of the faith and credit and taxing power of the State for paying, with any other available funds, the cost of purchasing land and constructing, furnishing, and equipping new State buildings.
[]	AGAINST the issuance of sixty-six million eight hundred ninety-five thousand dollars ($66,895,000) State of North Carolina State Buildings Construction Bonds and Equipment secured by a pledge of the faith and credit and taxing power of the State for paying, with any other available funds, the cost of purchasing land and constructing, furnishing, and equipping new State buildings.
[]	FOR the issuance of two million four hundred thousand dollars ($2,400,000) State of North Carolina Aviation Museum Bonds secured by a pledge of the faith and credit and taxing powers of the State for making a contribution by the State to pay, with any other available funds, the cost of constructing an aviation museum to be known as the Cunningham Air Museum to be located in Havelock and owned by the Department of the Navy.
[]	AGAINST the issuance of two million four hundred thousand dollars ($2,400,000) State of North Carolina Aviation Museum Bonds secured by a pledge of the faith and credit and taxing powers of the State for providing, with any other available funds, the cost of a contribution by the State to pay costs of constructing an aviation museum to be known as the Cunningham Air Museum to be located in Havelock and owned by the Department of the Navy.
If a majority of those voting on a bond question in the election shall vote in favor of the issuance of the bonds described in the question, such bonds may be issued as herein provided.  If a majority of those voting on a bond question in the election shall vote against the issuance of the bonds described in the question, such bonds shall not be issued.
The results of the election shall be canvassed and declared as provided by law for the holding of elections for State officers and the results thereof certified by the State Board of Elections to the Secretary of State, in the manner and at the time provided by the general election laws of the State.
Sec. 16.  Uses of Bond and Note Proceeds.  The proceeds of bonds and notes, including premium thereon, if any, except the proceeds of bonds the issuance of which has been anticipated by bond anticipation notes or the proceeds of refunding bonds or notes, shall be placed by the State Treasurer in the appropriate special account in a special fund to be designated the "State General Purposes Bond Fund”and shall be disbursed as herein provided.
Sec. 17.  Issuance of Bonds and Notes.
(a)	Terms and conditions.  Bonds or notes may bear such date or dates, may be serial or term bonds or notes, or any combination thereof, may mature in such amounts and at such time or times, not exceeding 40 years from their date or dates, may be payable at such place or places, either within or without the United States of America, in such coin or currency of the United States of America as at the time of payment is legal tender for payment of public and private debts, may bear interest at such rate or rates, which may vary from time to time, and may be made redeemable before maturity, at the option of the State or otherwise as may be provided by the State, at such price or prices, including a price less than the face amount of the bonds or notes, and under such terms and conditions, all as may be determined by the State Treasurer, by and with the consent of the Council of State.
(b)	Signatures; form and denomination; registration.  Bonds or notes may be issued as certificated or uncertificated obligations.  If issued as certificated obligations, bonds or notes shall be signed on behalf of the State by the Governor or shall bear his facsimile signature, shall be signed by the State Treasurer or shall bear his facsimile signature, and shall bear the Great Seal of the State or a facsimile thereof shall be impressed or imprinted thereon.  If bonds or notes bear the facsimile signatures of the Governor and the State Treasurer, the bonds or notes shall also bear a manual signature which may be that of a bond registrar, trustee, paying agent, or designated assistant of the State Treasurer.  Should any officer whose signature or facsimile signature appears on bonds or notes cease to be such officer before the delivery of the bonds or notes, the signature or facsimile signature shall nevertheless have the same validity for all purposes as if the officer had remained in office until delivery and bonds or notes may bear the facsimile signatures of persons who at the actual time of the execution of the bonds or notes shall be the proper officers to sign any bond or note although at the date of the bond or note such persons may not have been such officers.  The form and denomination of bonds or notes, including the provisions with respect to registration of the bonds or notes and any system for their registration, shall be as the State Treasurer may determine in conformity with this act; provided, however, that nothing in this act shall prohibit the State Treasurer from proceeding, with respect to the issuance and form of the bonds or notes, under the provisions of Chapter 159E of the General Statutes, the Registered Public Obligations Act, as well as under this act.
(c)	Manner of sale; expenses.  Subject to determination by the Council of State as to the manner in which bonds or notes shall be offered for sale, whether at public or private sale, whether within or without the United States of America and whether by publishing notices in certain newspapers and financial journals, mailing notices, inviting bids by correspondence, negotiating contracts of purchase or otherwise, the State Treasurer is authorized to sell bonds or notes at one time or from time to time at such rate or rates of interest, which may vary from time to time, and at such price or prices, including a price less than the face amount of the bonds or the notes, as the State Treasurer may determine.  All expenses incurred in preparation, sale and issuance of bonds or notes shall be paid by the State Treasurer from the proceeds of bonds or notes or other available moneys.
(d)	Notes; repayment.
(1)	By and with the consent of the Council of State, the State Treasurer is hereby authorized to borrow money and to execute and issue notes of the State for the same, but only in the following circumstances and under the following conditions:
a.	For anticipating the sale of bonds to the issuance of which the Council of State shall have given consent, if the State Treasurer shall deem it advisable to postpone the issuance of the bonds;
b.	For the payment of interest on or any installment of principal of any bonds then outstanding, if there shall not be sufficient funds in the State treasury with which to pay the interest or installment of principal as they respectively become due;
c.	For the renewal of any loan evidenced by notes herein authorized;
d.	For the purposes authorized in this act; and
e.	For refunding bonds or notes as herein authorized.
(2)	Funds derived from the sale of bonds or notes may be used in the payment of any bond anticipation notes issued under this act.  Funds provided by the General Assembly for the payment of interest on or principal of bonds shall be used in paying the interest on or principal of any notes and any renewals thereof, the proceeds of which shall have been used in paying interest on or principal of the bonds.
(e)  Refunding bonds and notes.  By and with the consent of the Council of State, the State Treasurer is authorized to issue and sell refunding bonds and notes pursuant to the provisions of the State Refunding Bond Act for the purpose of refunding bonds or notes issued pursuant to this act.  The refunding bonds and notes may be combined with any other issues of State bonds and notes similarly secured.
(f)  Tax exemption.  Bonds and notes and their transfer(including any profit made on the sale thereof) shall be exempt from all State, county, and municipal taxation or assessment, direct or indirect, general or special, whether imposed for the purpose of general revenue or otherwise, excluding inheritance and gift taxes.  The interest on bonds and notes shall not be subject to taxation as to income, nor shall the bonds and notes be subject to taxation when constituting a part of the surplus of any bank, trust company, or other corporation.
(g)  Investment eligibility.  Bonds and notes are hereby made securities in which all public officers, agencies, and public bodies of the State and its political subdivisions, all insurance companies, trust companies, investment companies, banks, savings banks, savings and loan associations, credit unions, pension or retirement funds,  other financial institutions engaged in business in the State, executors, administrators, trustees, and other fiduciaries may properly and legally invest funds, including capital in their control or belonging to them.  Bonds and notes are hereby made securities which may properly and legally be deposited with and received by any officer or agency of the State or political subdivision of the State for any purpose for which the deposit of bonds, notes, or obligations of the State or any political subdivision is now or may hereafter be authorized by law.
(h)  Faith and credit.  The faith and credit and taxing power of the State are hereby pledged for the payment of the principal of and the interest on bonds and notes.
Sec. 18.  Variable Interest Rates.  In fixing the details of bonds and notes, the State Treasurer may provide that any of the bonds or notes may:
(1)	Be made payable from time to time on demand or tender for purchase by the owner thereof provided a credit facility supports the bonds or notes, unless the State Treasurer specifically determines that a credit facility is not required upon a finding and determination by the State Treasurer that the absence of a credit facility will not materially or adversely affect the financial position of the State and the marketing of the bonds or notes at a reasonable interest cost to the State;
(2)	Be additionally supported by a credit facility;
(3)	Be made subject to redemption or a mandatory tender for purchase prior to maturity;
(4)	Bear interest at a rate or rates that may vary for such period or periods of time, all as may be provided in the proceedings providing for the issuance of the bonds or notes, including, without limitation, such variations as may be permitted pursuant to a par formula; and
(5)	Be made the subject of a remarketing agreement whereby an attempt is made to remarket bonds or notes to new purchasers prior to their presentment for payment to the provider of the credit facility or to the State.
If the aggregate principal amount repayable by the State under a credit facility is in excess of the aggregate principal amount of bonds or notes secured by the credit facility, whether as a result of the inclusion in the credit facility of a provision for the payment of interest for a limited period of time or the payment of a redemption premium or for any other reason, then the amount of authorized but unissued bonds or notes during the term of such credit facility shall not be less than the amount of such excess, unless the payment of such excess is otherwise provided for by agreement of the State executed by the State Treasurer.
Sec. 19.  Interpretation of Act.
(a)	Additional method.  The foregoing sections of this act shall be deemed to provide an additional and alternative method for the doing of the things authorized thereby and shall be regarded as supplemental and additional to powers conferred by other laws, and shall not be regarded as in derogation of any powers now existing.
(b)	References in this act to specific sections or Chapters of the General Statutes are intended to be references to such sections as they may be amended from time to time by the General Assembly.
(c)	Liberal construction.  This act, being necessary for the health and welfare of the people of the State, shall be liberally construed to effect the purposes thereof.
(d)	Inconsistent provisions.  Insofar as the provisions of this act are inconsistent with the provisions of any general laws, or parts thereof, the provisions of this act shall be controlling.
(e)	Severability.  If any provision of this act or the application thereof to any person or circumstance is held invalid, such invalidity shall not affect other provisions or applications of the act which can be given effect without the invalid provision or application, and to this end the provisions of this act are declared to be severable.
Sec. 20.  This act is effective upon ratification.