A BILL TO BE ENTITLED
An Act to Authorize the Town of chapel hill and the city of asheville to provide development incentives IN EXCHANGE FOR REDUCTIONs IN ENERGY CONSUMPTION.
The General Assembly of North Carolina enacts:
SECTION 1.  The Charter of the Town of Chapel Hill, being Chapter 473 of the 1975 Session Laws, is amended by adding a new section to read:
"Sec. 5.19. Ordinances permitting density bonuses and other land‑use development incentives for development projects agreeing to meet energy conservation carbon reduction standards.
For the purpose of reducing the amount of energy consumption  by new development, and thereby promoting the public health, safety, and welfare, the Town of Chapel Hill may grant a density bonus, make adjustments to otherwise applicable development requirements, or provide other incentives to a developer within the Town and its extraterritorial planning jurisdiction if the developer agrees to construct new development or reconstruct existing development in a manner that the Town determines, based on generally recognized standards established for such purposes, makes a significant contribution to the reduction of energy consumption."
SECTION 2. The City of Asheville, for the purpose of reducing the amount of energy consumption by new development, and thereby promoting the public health, safety, and welfare, may adopt ordinances to grant a density bonus, make adjustments to otherwise applicable development requirements, or provide other incentives to a developer within the City and its extraterritorial planning jurisdiction if the developer agrees to construct new development or reconstruct existing development in a manner that the City determines, based on generally recognized standards established for such purposes, makes a significant contribution to the reduction of energy consumption.
SECTION 3.  This act is effective when it becomes law.