153A-210.1. (Article has an expiration note – see note) Purpose; sunset. (a) Purpose. – This Article enables counties that face increased demands for infrastructure improvements as a result of rapid growth and development to impose special assessments as provided in this Article on benefited property and to use the resulting revenues as provided in this […]
153A-210.2. (Article has an expiration date – see note) Assessments. (a) Projects. – The board of commissioners of a county may make special assessments as provided in this Article against benefited property within the county for the purpose of assisting in arranging for payment of the capital costs of projects (i) for which project development […]
153A-210.3. (Article has an expiration date – see note) Petition required. (a) Petition. – The board of commissioners may not impose a special assessment under this Article unless it receives a petition for the project to be financed by the assessment signed by (i) at least a majority of the owners of real property to […]
153A-210.4. (Article has an expiration date – see note) Financing a project for which an assessment is imposed. (a) Funding Sources. – In addition to funding from sources otherwise authorized for use by a county in connection with a project, a board of commissioners may provide for the payment of all or a portion of […]
153A-210.5. Payment of assessments by installments. (a) An assessment imposed under this Article is payable in annual installments. The board of commissioners must set the number of annual installments, which may not be more than 25. The installments are due on the date that real property taxes are due. (b) The board of commissioners may […]
153A-210.6. (Article has an expiration date – see note) Revenue bonds. (a) Authorization. – A board of commissioners that imposes an assessment under this Article may issue revenue bonds under Article 5 of Chapter 159 of the General Statutes to finance the project for which the assessment is imposed and use the proceeds of the […]
153A-210.7. (Article has an expiration date – see note) Project implementation. A county may act directly, through one or more contracts with other public agencies, through one or more contracts with private agencies, or by any combination thereof to implement the project funded in whole or in part by the imposition of an assessment imposed […]
