GENERAL ASSEMBLY OF NORTH CAROLINA

SESSION 1999

S	1 

SENATE BILL 1246

Short Title:  Airport Business Park Funds.	(Public)

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Sponsors: Senator Garrou.

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Referred to:  Appropriations/Base Budget.

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May 16, 2000

A BILL TO BE ENTITLED
AN ACT TO APPROPRIATE FUNDS TO THE CITY OF WINSTON-SALEM TO ASSIST WITH THE DEVELOPMENT OF THE AIRPORT BUSINESS PARK.
Whereas, the City of Winston-Salem has set out to revitalize some of its lower income areas by developing an Airport Business Park; and
Whereas, the Airport Business Park will be located near the Smith Reynolds Airport, US 52 and Norfolk Southern's rail lines, making it a desirable business location; and
Whereas, the City of Winston-Salem hopes to attract manufacturing, warehousing, and distribution business to the park, which will create an estimated 1,100 jobs; and
Whereas, the City of Winston-Salem needs State funding for clearance of the property and construction of infrastructure as part of the site preparation; Now, therefore,
The General Assembly of North Carolina enacts:
Section 1.  There is appropriated from the General Fund to the City of Winston-Salem the sum of one million five hundred thousand dollars ($1,500,000) for the 2000-2001 fiscal year to assist with the development of the Airport Business Park.
Section 2.  This act becomes effective July 1, 2000.