Project Development Financing Act.

  1. Law
  2. North Carolina General Statutes
  3. Local Government Finance
  4. Project Development Financing Act.

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Section
159-101

Short title.

Section
159-102

Unit of local government defined.

Section
159-103

Authorization of project development financing debt instruments; purposes.

Section
159-104

Application to Commission for approval of project development financing debt instrument issue; preliminary conference; acceptance of application.

Section
159-105

Approval of application by Commission.

Section
159-106

Order approving or denying the application.

Section
159-107

Determination of incremental valuation; use of taxes levied on incremental valuation; duration of the district.

Section
159-108

Agreements with property owners.

Section
159-109

Special covenants.

Section
159-110

Security of project development financing debt instruments.

Section
159-111

Additional security for project development financing debt instruments.

Section
159-112

Limitations on details of debt instruments.

Section
159-113

Annual report.

Section
159-114

Reserved for future codification purposes.

Sections
159-115 through 159-119 - through 159

119: Reserved for future codification purposes.