A BILL TO BE ENTITLED
AN ACT TO APPROPRIATE FUNDS TO THE CITY OF SHELBY FOR ECONOMIC DEVELOPMENT GRANTS.
The General Assembly of North Carolina enacts:
SECTION 1.  There is appropriated from the General Fund to the City of Shelby the sum of eighty‑eight thousand dollars ($88,000) for the 2004‑2005 fiscal year for economic development grants to retain traditional manufacturing employers with substantial investments in machinery and equipment.
SECTION 2.  This act becomes effective July 1, 2004.