A BILL TO BE ENTITLED
AN ACT to remove certain described property from the corporate limits of the city of greensboro.
The General Assembly of North Carolina enacts:
SECTION 1.  The following described property is removed from the corporate limits of the City of Greensboro:
BEGINNING at an existing iron pipe in the southeast corner of Lot 12 of the Steeplechase Subdivision, Section One (recorded in Plat Book 49, Page 41 of the Guilford County Register of Deeds); thence proceeding South 87 degrees 40 minutes 28 seconds East for a distance of 199.76 feet; thence South 87 degrees 41 minutes 39 seconds East for a distance of 338.96 feet to the northwest corner of the property of Lori G. Coble (as recorded in Deed Book 3733, Page 1631 of the Guilford County Registry); thence South 1 degree 3 minutes 15 seconds West for a distance of 423.09 feet to the southwest corner of the Fred L. and Edith K. Gann property (as recorded in Deed Book 3236, Page 751 of the Guilford County Registry); thence South 2 degrees 4 minutes 55 seconds West for a distance of 355.47 feet to the southwest corner of the William L. and Phyllis K. Jones property (as recorded in Deed Book 1907, Page 503 of the Guilford County Registry); thence proceeding with the existing City limits North 85 degrees 55 minutes 51 seconds West for a distance of 606.8 feet to an existing iron pipe; thence North 3 degrees 4 minutes 3 seconds East for a distance of 779.57 feet to an existing iron pipe; thence departing from the existing City limits South 88 degrees 4 minutes 36 seconds East for a distance of 35.46 feet to the point and place of BEGINNING, said parcel containing approximately 10.6 acres (more or less), and being tax parcels ACL‑5‑9‑593‑369‑6 and ACL‑5‑9‑593‑369‑53 as per Deed Book 5532, Page 1636, Deed Book 5532, Page 1639, and Plat Book 104, Page 61 of the Guilford County Registry.
SECTION 2.  This act has no effect upon the validity of any liens of the City of Greensboro for ad valorem taxes or special assessments outstanding before the effective date of this act. Such liens may be collected or foreclosed upon after the effective date of this act as though the property were still within the corporate limits of the City of Greensboro.
SECTION 3.  This act becomes effective June 30, 2021. Property in the territory described in Section 1 of this act as of January 1, 2021, is no longer subject to municipal taxes for taxes imposed for taxable years beginning on or after July 1, 2021.