§ 113-315.4. Levy and collection of assessment; use of proceeds and other funds. - North Carolina Statutes

§ 113‑315.4.  Levyand collection of assessment; use of proceeds and other funds.

If in such referendum called under the provisions of this Article twothirds or more of the voters eligible and voting vote in the affirmative and infavor of the levying and collection of such assessment proposed in suchreferendum, then such assessment shall be collected annually, or more often aspredetermined by the agency, for the three years set forth in the call for suchreferendum, and the collection of such assessment shall be under such method,rules, and regulations as may be determined by the agency prior to theannouncement of the referendum and included in the announcement of thereferendum; said assessment so collected shall be paid into the treasury of theagency, to be used together with other funds, including donations and grantsfrom individuals, firms, governmental agencies, or corporations, and from otherfees, dues, or assessments,  for the purpose set out in the referendum. (1967, c. 890, s. 12.)