North Carolina Statutes

§ 159-216 — Borrowing authority for landfills

North Carolina·Ch. 159 Local Government Finance·Art. 15 Borrowing for Expansion of Existing Landfills and Construction of New Landfills in Certain Circumstances·Subch. IV LONG-TERM FINANCING
(a)Whenever a unit of local government applies to the Commission for approval to enter debt by any method authorized by this Chapter for the purpose of expansion of an existing landfill within their jurisdiction, or construction of a new landfill within their jurisdiction, and to support the repayment of the new debt by requiring by ordinance, franchise, or otherwise that all waste collected within the county must be delivered to the county facility exclusively, in addition to any other criteria the Commission is required to consider in approving such debt, the unit of local government shall demonstrate all of the following to the satisfaction of the Commission:
(1)The proposed expansion of the existing landfill, or construction of the new landfill, for which debt is to be incurred is ne

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