AN ACT amending the charter of the town of chapel hill to authorize the town to participate in economic development projects that are not in the town's downtown area.

The General Assembly of North Carolina enacts:

SECTION 1.  Section 4.20 of the Charter of the Town of Chapel Hill, being Chapter 473 of the 1975 Session Laws, as amended, reads as rewritten:
"Sec. 4.20. Definition. As used in this Article 'economic development project' means an economic capital development project within a certain defined area or areas of the Town as established by the Town Council, comprised of one or more buildings or other improvements and including any public and/or private facilities."
SECTION 2.  This act is effective when it becomes law.
In the General Assembly read three times and ratified this the 20th day of June, 2013.

	s/	 Philip E. Berger
	 President Pro Tempore of the Senate

	s/	 Thom Tillis
	 Speaker of the House of Representatives