§ 159-60. Petition for referendum on bond issue. - North Carolina Statutes

§ 159‑60.  Petitionfor referendum on bond issue.

A petition demanding that a bond order be submitted to the voters maybe filed with the clerk within 30 days after the date of publication of thebond order as introduced. The petition shall be in writing, and shall be signedby a number of voters of the issuing unit equal to not less than ten percent(10%) of the total number of voters registered to vote in elections of theissuing unit according to the most recent figures certified by the State Boardof Elections. The residence address of each signer shall be written after hissignature. The petition need not contain the text of the order to which itrefers, and need not be all on one sheet.

The clerk shall investigate the sufficiency of the petition and presentit to the governing board, with a certificate stating the results of hisinvestigation. The governing board, after hearing any taxpayer who may requestto be heard, shall thereupon determine the sufficiency of the petition, and itsdetermination shall be conclusive.

This section does not apply to bonds issued pursuant to G.S. 159‑48(a)(1),(2), (3), or (5). (1917, c. 138, s.21; 1919, c. 49, ss. 1, 2; c. 178, s. 3(21); C.S., s. 2947; 1921, c. 8, s. 1;Ex. Sess. 1921, c. 106, s. 1; 1927, c. 81, s. 20; c. 102, s. 2; 1971, c. 780,s. 1; 1973, c. 494, s. 8.)