North Carolina General Statutes
Article 8 - Assessments and Bond Issue.
§ 156-94 - Total cost for three years ascertained.

156-94. Total cost for three years ascertained.
After the classification of lands and the ratio of assessments of the different classes to be made thereon has been confirmed by the court, the board of drainage commissioners shall ascertain the total cost of the improvement, including damages awarded to be paid to owners of land, all costs and incidental expenses, and also including an amount sufficient to pay the necessary expenses of maintaining the improvement for a period of three years after the completion of the work of construction, not exceeding ten per centum (10%) of the estimated actual cost of constructing the drainage works or the contract price thereof if such contract has not been awarded, and after deducting therefrom any special assessments made against any railroad or highway, and, thereupon, the board of drainage commissioners, under the hand of the chairman and secretary of the board, shall certify to the clerk of the superior court the total cost, ascertained as aforesaid; and the certificate shall be forthwith recorded in the drainage record and open to inspection of any landowner in the district. (1909, c. 442, s. 31; 1911, c. 67, s. 8; C.S., s. 5351; 1923, c. 217, s. 4.)

Structure North Carolina General Statutes

North Carolina General Statutes

Chapter 156 - Drainage

Article 8 - Assessments and Bond Issue.

§ 156-94 - Total cost for three years ascertained.

§ 156-95 - Assessment and payment; notice of bond issue.

§ 156-96 - Failure to pay deemed consent to bond issue.

§ 156-97 - Bonds issued.

§ 156-97.1 - Issuance of assessment anticipation notes.

§ 156-98 - Form of bonds and notes; excess assessment.

§ 156-99 - Application of funds; holder's remedy.

§ 156-100 - Sale of bonds.

§ 156-100.1 - Sale of assessment anticipation notes.

§ 156-100.2 - Payment of assessments which become liens after original bond issue.

§ 156-100.3 - Sinking fund.

§ 156-101 - Refunding bonds issued.

§ 156-102 - Drainage bonds received as deposits.

§ 156-103 - Assessment rolls prepared.

§ 156-104 - Application of amendatory provisions of certain sections; amendment or reformation of proceedings.

§ 156-105 - Assessment lien; collection; sale of land.

§ 156-106 - Assessment not collectible out of other property of delinquent.

§ 156-107 - Sheriff in good faith selling property for assessment not liable for irregularity.

§ 156-108 - Receipt books prepared.

§ 156-109 - Receipt books where lands in two or more counties.

§ 156-110 - Authority to collect arrears.

§ 156-111 - Sheriff to make monthly settlements; penalty.

§ 156-112 - Duty of treasurer to make payment; penalty.

§ 156-113 - Fees for collection and disbursement.

§ 156-114 - Conveyance of land; change in assessment roll; procedure.

§ 156-115 - Warranty in deed runs to purchaser who pays assessment.

§ 156-116 - Modification of assessments.

§ 156-117 - Subdistricts formed.

§ 156-121 - Redress to dissatisfied landowners.

§ 156-122 - Increase to extinguish debt.

§ 156-123 - Proceedings as for original bond issue.

§ 156-124 - No drainage assessments for original object may be levied on property when once paid in full.