NORTH CAROLINA GENERAL ASSEMBLY

1969 SESSION

CHAPTER 475

SENATE BILL 395

AN ACT TO AMEND G.S. 153-80, BEING PART OF THE COUNTY FINANCE ACT, TO FIX THE MATURITY OF BONDS ISSUED TO FINANCE BEACH EROSION CONTROL AND SIMILAR PROJECTS.

The General Assembly of North Carolina do enact:

Section 1.  Section 153-80 of Article 9 of Chapter 153 of the General Statutes, the same being a part of The County Finance Act, is hereby amended by adding thereto a new subdivision numbered "(12)" to read as follows:

"(12)    Groins, jetties, dikes, moles, walls, sand dunes, vegetation, or other types of works or improvements which are designed for the control of beach erosion or for protection from flood and hurricanes or for the preservation or restoration of facilities and natural features, forty (40) years."

Sec. 2.  All laws and clauses of laws in conflict with the provisions of this Act are hereby repealed.

Sec. 3.  This Act shall be in full force and effect from and after its ratification.

In the General Assembly read three times and ratified, this the 12th day of May, 1969.