AN ACT authorizing the town of blowing rock to establish an off‑street parking fund.

The General Assembly of North Carolina enacts:

SECTION 1.  Notwithstanding any other provision of law, the governing body of a municipality may establish a fund into which payments from individual firms, persons, corporations, or property owners shall be deposited for the purpose of providing off‑street parking facilities, and from which appropriations shall be made exclusively for the purpose of organizing, establishing, developing, or enlarging off‑street parking facilities within the municipality.  The governing board may provide in the municipality's land-use ordinance that all developers must either provide adequate off‑street parking (on‑site or off‑site) to serve their developments or pay a fee to the municipality's off‑street parking facilities fund based on the number of required parking spaces not provided.
SECTION 2.  This act applies to the Town of Blowing Rock only.
SECTION 3.  This act is effective when it becomes law.
In the General Assembly read three times and ratified this the 15th day of June, 2005.

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		 Beverly E. Perdue
	 President of the Senate

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		 James B. Black
	 Speaker of the House of Representatives