160A-520. Grant of funds by community.
Any municipality located within the area of operation of a commission may appropriate funds to a commission for the purpose of aiding such commission in carrying out any of its powers and functions under this Article. To obtain funds for this purpose, the municipality may levy taxes and may in the manner prescribed by law issue and sell its bonds. (1951, c. 1095, s. 17; 1973, c. 426, s. 75.)
Structure North Carolina General Statutes
North Carolina General Statutes
Chapter 160A - Cities and Towns
Article 22 - Urban Redevelopment Law.
§ 160A-501 - Findings and declaration of policy.
§ 160A-502 - Additional findings and declaration of policy.
§ 160A-504 - Formation of commissions.
§ 160A-505 - Alternative organization.
§ 160A-506 - Creation of a county redevelopment commission.
§ 160A-507 - Creation of a regional redevelopment commission.
§ 160A-507.1 - Creation of a joint county-city redevelopment commission.
§ 160A-508 - Appointment and qualifications of members of commission.
§ 160A-509 - Tenure and compensation of members of commission.
§ 160A-510 - Organization of commission.
§ 160A-511 - Interest of members or employees.
§ 160A-512 - Powers of commission.
§ 160A-513 - Preparation and adoption of redevelopment plans.
§ 160A-515.1 - Project development financing.
§ 160A-516 - Issuance of bonds.
§ 160A-517 - Powers in connection with issuance of bonds.
§ 160A-518 - Right of obligee.
§ 160A-519 - Cooperation by public bodies.
§ 160A-520 - Grant of funds by community.
§ 160A-521 - Records and reports.
§ 160A-522 - Title of purchaser.
§ 160A-523 - Preparation of general plan by local governing body.
§ 160A-524 - Inconsistent provisions.