§ 160B-18 – Referendum approval of certain debt assumption required for consolidation; effective date of consolidation.
160B-18. Referendum approval of certain debt assumption required for consolidation; effective date of consolidation. (a) Referendum Approval of Certain Debt Assumption Required for Consolidation. – For the consolidation of a city with a county to be effective in accordance with the provisions hereof, the assumption by the consolidated city-county of all debt secured by a […]
§ 160B-19 – Referendum on consolidation and on assumption of certain debt secured by a pledge of faith and credit; right to issue certain authorized but unissued debt secured by a pledge of faith and credit.
160B-19. Referendum on consolidation and on assumption of certain debt secured by a pledge of faith and credit; right to issue certain authorized but unissued debt secured by a pledge of faith and credit. (a) In connection with a city-county consolidation, if there exists at the effective date of the consolidation (i) any outstanding debt […]
§ 160B-20 – Local Government Commission review of assumption of debt secured by a pledge of faith and credit; assumption of debt secured by a pledge of faith and credit and right to issue authorized but unissued debt secured by a pledge of faith and credit upon consolidation.
160B-20. Local Government Commission review of assumption of debt secured by a pledge of faith and credit; assumption of debt secured by a pledge of faith and credit and right to issue authorized but unissued debt secured by a pledge of faith and credit upon consolidation. (a) Review by Local Government Commission. – At the […]
§ 160B-21 – Notice of enactment of consolidation; limitation of actions.
160B-21. Notice of enactment of consolidation; limitation of actions. (a) Publication of Notice of Enactment. – Following ratification of an act of the General Assembly authorizing consolidation, there shall be published once in a newspaper of general circulation in the county a notice of said enactment and, if applicable, the fact that in connection with […]
§ 160B-13 – Authority to borrow money and issue bonds.
160B-13. Authority to borrow money and issue bonds. A consolidated city-county may borrow money and issue its bonds under Chapter 159, Subchapter IV, and for those purposes shall be considered a unit of local government under Article 4 thereof and a municipality under Article 5 thereof. A consolidated city-county may borrow money and issue its […]
§ 160B-14 – Procedure for issuing general obligation and revenue bonds.
160B-14. Procedure for issuing general obligation and revenue bonds. In issuing its general obligation and revenue bonds, a consolidated city-county, except as expressly modified by this chapter, is subject to the provisions of Chapter 159 of the General Statutes of North Carolina. If a proposed bond issue is required by law to be submitted to […]
§ 160B-15 – Debt limitations.
160B-15. Debt limitations. The net indebtedness in the form of general obligations of a consolidated city-county for school purposes may not exceed eight percent (8%) of the appraised valuation of taxable property in the county. The net indebtedness in the form of general obligations of a consolidated city-county for all purposes other than for schools […]
§ 160B-16 – Applicability of this Article.
160B-16. Applicability of this Article. (a) This Article applies to any county that has (i) a population over 120,000 according to the most recent federal decennial census and (ii) an area of less than 200 square miles. (b) If this section is declared unconstitutional or invalid by the courts, it does not affect the validity […]
§ 160B-17 – Organizational meeting; preparation of budget.
160B-17. Organizational meeting; preparation of budget. The governing board of a consolidated city-county shall have its first organizational meeting as provided in the charter or applicable local acts of the General Assembly, but not later than the first business day following the effective date of the consolidation. Unless otherwise provided in the charter or applicable […]
§ 160B-8 – Consolidation of urban service districts.
160B-8. Consolidation of urban service districts. (a) Standards. – The governing board, by resolution, may consolidate two or more urban service districts upon finding that: (1) The districts are contiguous or are in a continuous boundary; and (2) The provision or maintenance of urban services, facilities and functions for each of the districts is substantially […]