North Carolina Statutes
§ 159-113 — Annual report
North Carolina·Ch. 159 Local Government Finance·Art. 6 Project Development Financing Act·Subch. IV LONG-TERM FINANCING
In July of each year, each unit of local government with outstanding project development financing debt instruments shall make a report to any other unit, and to any special district as defined in G.S. 159-7, in which the development financing district for which the instruments were issued is located. This report shall set out the base valuation for the development financing district, the current valuation for the district, the amount of remaining project development financing debt for the district, and the unit's estimate of when the debt will be retired. The unit of local government may meet this requirement by reporting this information in its annual financial statements required by G.S. 159-34. (2003-403, s. 2.)
§ 159-114: Reserved for future codification purposes.
§§ 159-115 through 1
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Nearby Sections
15
§ 159-1
Short title and definitions§ 159-10
Budget requests§ 159-100
Authorization§ 159-101
Short title§ 159-102
Unit of local government defined§ 159-108
Agreements with property owners§ 159-109
Special covenants