Subject to approval by voters on November 8, 2011, incorporates the Town of Castle Hayne, describing the area to be incorporated by metes and bounds. The town is to be governed by a four-member town council and a mayor. Requires the election of the initial town council to take place at the same time as the election on whether to incorporate the town. Provides for the election of town council members, mayor, and mayor pro tempore; and provides for compensation for the mayor and members of the town council. Directs that the town is to operate under the mayor-council form of government as provided in Part 3 of Article 7 of GS Chapter 160A and provides guidelines for additional administration of the town. Sets out provisions regarding addressing conflicts of interest, the enlargement or reduction of the town council, amending the town charter, and the provision of services and administration of functions. Provides for taxes, budget ordinances, and other ordinances. Includes special provisions regarding fire protection, law enforcement, and zoning, planning and inspection.