GENERAL ASSEMBLY OF NORTH CAROLINA

SESSION 1997

H	2 

HOUSE BILL 1332
Committee Substitute Favorable 8/19/98

Short Title:  Greenville Dwtn. Dev. Project.	(Local)

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Sponsors: 

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Referred to:  

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May 19, 1998

A BILL TO BE ENTITLED
AN ACT TO ALLOW THE CITY OF GREENVILLE TO UNDERTAKE A DOWNTOWN DEVELOPMENT PROJECT SUBJECT TO CERTAIN CONDITIONS.
The General Assembly of North Carolina enacts:
Section 1.  The City of Greenville may exercise its authority under G.S. 160A-458.3 to undertake a downtown development project, subject to the following conditions:
(1)	The City shall not be required to locate a project authorized by G.S. 160A-458.3 in the central business district.
(2)	The City Council shall not be required to find that the project is likely to have a significant positive effect on the revitalization of the central business district.
(3)	The project shall not be subject to Article 8 of Chapter 143 of the General Statutes, if funds other than City funds constitute at least twenty-five percent (25%) of the total cost of the construction and renovation of the public and private facilities included in the project.
Section 2.  This act only applies to a project that includes, as one of its facilities, the development of a convention center, civic center, or meeting facility within the corporate limits of the City of Greenville.
Section 3.  This act only applies to the City of Greenville.
Section 4.  This act is effective when it becomes law.