A BILL TO BE ENTITLED
AN ACT to allow currituck county to use developer funds for the construction of roads to allow for interconnectivity of subdivision streets and roads.
The General Assembly of North Carolina enacts:
SECTION 1.  G.S. 153A‑331 reads as rewritten:
"§ 153A‑331.  Contents and requirements of ordinance.
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(c)	A subdivision control ordinance may provide that a developer may provide funds to the county whereby the county may acquire recreational land or areas to serve the development or subdivision, including the purchase of land that may be used to serve more than one subdivision or development within the immediate area.
(d)	The ordinance may provide that in lieu of required street construction, a developer may provide funds to be used for the development of roads to serve the occupants, residents, or invitees of the subdivision or development. All funds received by the county under this section shall be used solely for the development of roads, including design, land acquisition, and construction. However, a county may undertake these activities in conjunction with the Department of Transportation pursuant to an agreement between the county and the Department of Transportation. Any formula adopted to determine the amount of funds the developer is to pay in lieu of required street construction shall be based on the trips generated from the subdivision or development. The ordinance may require a combination of partial payment of funds and partial dedication of constructed streets when the governing body of the county determines that a combination is in the best interest of the citizens of the area to be served.
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SECTION 2.  This act applies to Currituck County only.
SECTION 3.  This act is effective when it becomes law.