A BILL TO BE ENTITLED
AN ACT to authorize the issuance of special indebtedness to finance the capital facilities costs of a purchase of land by the wildlife resources commission.
The General Assembly of North Carolina enacts:
SECTION 1.  In accordance with G.S. 142‑83, this section authorizes the issuance or incurrence of special indebtedness in the maximum aggregate principal amount of twenty million dollars ($20,000,000) to finance the costs of purchasing land to be administered by the Wildlife Resources Commission as State game lands. The State, with the prior approval of the State Treasurer and the Council of State, as provided in Article 9 of Chapter 142 of the General Statutes, is authorized to issue or incur special indebtedness in order to provide funds to the State to be used, together with other available funds, to pay the costs of purchasing the land described in this section.
SECTION 2.  This act is effective when it becomes law.