§ 153A-204.1. Maintenance assessments. - North Carolina Statutes

§ 153A‑204.1. Maintenance assessments.

(a)        In order to pay for the costs of maintaining and operating aproject, the board of commissioners may annually or at less frequent intervalslevy maintenance and operating assessments for any project purpose set forth inG.S. 153A‑185(3) on the same basis as the original assessment. The amountof these assessments shall be determined by the board of commissioners on thebasis of the board's estimate of the cost of maintaining and operating aproject during the ensuing budget period, and the board's decision as to theamount of the assessment is conclusive. In determining the total cost to beincluded in the assessment the board may include estimated costs of maintainingand operating the project, of necessary legal services, of interest payments,of rights‑of‑way, and of publishing and mailing notices andresolutions. References to "total costs" in provisions of  thisArticle that apply to maintenance and operating assessments shall be construedto mean "total estimated costs." Within the meaning of this section a"budget period" may be one year or such other budget period as theboard determines.

(b)        All of the provisions of this Article shall apply tomaintenance and operating assessments, except for G.S. 153A‑190 throughG.S. 153A‑193. (1983, c. 321, s. 4.)