AN ACT TO REPEAL THE CHARTER OF THE TOWN OF CENTERVILLE IN FRANKLIN COUNTY. Enacted June 22, 2017. Effective June 22, 2017.
Summary date: Jun 26 2017 - View summary
Summary date: Mar 28 2017 - View summary
Senate committee substitute makes the following changes to the 1st edition.
Provides that the governing board of Centerville is continued in office for 30 days after the date it completes liquidation of the Town's assets and liabilities and submits its final audit to the Department of State Treasurer and any other required financial reports. Provides that any net assets of the Town be paid over to Fire and Rescue Association, Inc., of Centerville, North Carolina, which shall use the funds for some public purpose.
Summary date: Feb 22 2017 - View summary
Repeals SL 1965-695, the Centerville Town Charter. Provides that the governing board of Centerville as of the date that the act becomes law is continued in office for 30 days thereafter for the purpose of liquidating the Town's assets and liabilities and filing any required financial reports. Requires the Town's net assets to be paid over to the Centerville Fire Department, which must use those funds for a public purpose.