§ 160A-40. Authorized expenditures. - North Carolina Statutes

§ 160A‑40. Authorized expenditures.

Municipalities initiating annexations under the provisions of this Partare authorized to make expenditures for surveys required to describe theproperty under consideration or for any other purpose necessary to plan for thestudy and/or annexation of unincorporated territory adjacent to themunicipality. In addition, following final passage of the annexation ordinance,the annexing municipality shall have authority to proceed with expenditures forconstruction of water and sewer lines and other capital facilities and for anyother purpose calculated to bring services into the annexed area in a moreeffective and expeditious manner prior to the effective date of annexation. (1959, c. 1010, s. 8; 1973, c. 426, s. 74.)