{"data":{"id":"us-nc/n.c.-gen.-stat.-160a-239.6","jurisdiction":"us-nc","citation":"N.C. Gen. Stat. § 160A-239.6","heading":"(See note for expiration of Article) Revenue bonds.","body":"(a)\tAuthorization. - A city council that imposes an assessment under this Article may issue revenue bonds under Article 5 of Chapter 159 of the General Statutes to finance the project for which the assessment is imposed and use the proceeds of the assessment imposed as revenues pertaining to the project.\n(b)\tModifications. - This Article specifically modifies the authority of a city to issue revenue bonds under Article 5 of Chapter 159 of the General Statutes by extending the authority in that Article to include a project for which an assessment may be imposed under this Article. In applying the provisions of Article 5, the following definitions apply:\n(1)\tRevenue bond project. - Defined in G.S. 159-81(3). The term includes projects for which an assessment is imposed under this Article.\n(2)\tRevenues. - Defined in G.S. 159-81(4). The term includes assessments imposed under this Article to finance a project allowed under this Article. (2008-165, s. 3; 2013-371, s. 3.)","path":["Chapter 160A. Cities and Towns.","Article 10A. Special Assessments for Critical Infrastructure Needs."],"source_url":"https://www.ncleg.gov/EnactedLegislation/Statutes/HTML/BySection/Chapter_160A/GS_160A-239.6.html","current_through":"S.L. 2026-30","vintage":"","retrieved_at":"2026-08-27T18:25:42Z","sha256":"ba9e305c82f62b6a4bb36db73c0d77587df27c9cdbaceb4ad9b6f934c2d3e4c7","source_id":"us-nc","stale":false,"prev":"us-nc/n.c.-gen.-stat.-160a-239.5","next":"us-nc/n.c.-gen.-stat.-160a-239.7"},"notice":"GroundRules: Original legal text. Not legal advice."}